NN Group (Germany) Technical Analysis
2NN Stock | EUR 43.87 0.19 0.43% |
As of the 27th of November, NN Group owns the Market Risk Adjusted Performance of 0.1138, mean deviation of 0.7454, and Standard Deviation of 0.9803. NN Group NV technical analysis lets you operate past data patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify NN Group NV semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if NN Group NV is priced some-what accurately, providing market reflects its prevailing price of 43.87 per share.
NN Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 2NN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 2NN2NN |
NN Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
NN Group NV Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of NN Group NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NN Group NV Trend Analysis
Use this graph to draw trend lines for NN Group NV. You can use it to identify possible trend reversals for NN Group as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual NN Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NN Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NN Group NV applied against its price change over selected period. The best fit line has a slop of 0.01 , which means NN Group NV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.09, which is the sum of squared deviations for the predicted NN Group price change compared to its average price change.About NN Group Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of NN Group NV on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of NN Group NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NN Group NV price pattern first instead of the macroeconomic environment surrounding NN Group NV. By analyzing NN Group's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of NN Group's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to NN Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
NN Group November 27, 2024 Technical Indicators
Most technical analysis of 2NN help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for 2NN from various momentum indicators to cycle indicators. When you analyze 2NN charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0402 | |||
Market Risk Adjusted Performance | 0.1138 | |||
Mean Deviation | 0.7454 | |||
Semi Deviation | 1.04 | |||
Downside Deviation | 1.14 | |||
Coefficient Of Variation | 2012.38 | |||
Standard Deviation | 0.9803 | |||
Variance | 0.961 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 0.1038 | |||
Maximum Drawdown | 5.24 | |||
Value At Risk | (1.81) | |||
Potential Upside | 1.31 | |||
Downside Variance | 1.3 | |||
Semi Variance | 1.07 | |||
Expected Short fall | (0.73) | |||
Skewness | (0.44) | |||
Kurtosis | 0.4145 |
NN Group November 27, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as 2NN stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | (Huge) | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 43.87 | ||
Day Typical Price | 43.87 | ||
Price Action Indicator | (0.10) |
Complementary Tools for 2NN Stock analysis
When running NN Group's price analysis, check to measure NN Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NN Group is operating at the current time. Most of NN Group's value examination focuses on studying past and present price action to predict the probability of NN Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN Group's price. Additionally, you may evaluate how the addition of NN Group to your portfolios can decrease your overall portfolio volatility.
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