Novacyt (France) Technical Analysis
| ALNOV Stock | EUR 0.42 0.02 4.55% |
As of the 30th of January, Novacyt secures the Standard Deviation of 2.5, risk adjusted performance of (0.02), and Mean Deviation of 1.6. Novacyt technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.
Novacyt Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Novacyt, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NovacytNovacyt |
Novacyt 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Novacyt's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Novacyt.
| 11/01/2025 |
| 01/30/2026 |
If you would invest 0.00 in Novacyt on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding Novacyt or generate 0.0% return on investment in Novacyt over 90 days. Novacyt is related to or competes with Implanet, Theradiag, Diagnostic Medical, and Poxel SA. Novacyt S.A. develops and sells diagnostic products for cancer and infectious diseases More
Novacyt Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Novacyt's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Novacyt upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.45 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 4.65 |
Novacyt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Novacyt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Novacyt's standard deviation. In reality, there are many statistical measures that can use Novacyt historical prices to predict the future Novacyt's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.2764 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Novacyt's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Novacyt January 30, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.2864 | |||
| Mean Deviation | 1.6 | |||
| Coefficient Of Variation | (3,097) | |||
| Standard Deviation | 2.5 | |||
| Variance | 6.26 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.2764 | |||
| Maximum Drawdown | 12.45 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 4.65 | |||
| Skewness | 0.86 | |||
| Kurtosis | 1.79 |
Novacyt Backtested Returns
Novacyt has Sharpe Ratio of -0.0473, which conveys that the firm had a -0.0473 % return per unit of risk over the last 3 months. Novacyt exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Novacyt's Mean Deviation of 1.6, risk adjusted performance of (0.02), and Standard Deviation of 2.5 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Novacyt are expected to decrease at a much lower rate. During the bear market, Novacyt is likely to outperform the market. At this point, Novacyt has a negative expected return of -0.12%. Please make sure to verify Novacyt's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Novacyt performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.53 |
Modest predictability
Novacyt has modest predictability. Overlapping area represents the amount of predictability between Novacyt time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Novacyt price movement. The serial correlation of 0.53 indicates that about 53.0% of current Novacyt price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Novacyt 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.
Novacyt Technical Analysis
Indicator |
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Novacyt volatility developed by Welles Wilder.
About Novacyt 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 Novacyt 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 Novacyt based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Novacyt price pattern first instead of the macroeconomic environment surrounding Novacyt. By analyzing Novacyt'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 Novacyt'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 Novacyt specific price patterns or momentum indicators. Please read more on our technical analysis page.
Novacyt January 30, 2026 Technical Indicators
Most technical analysis of Novacyt 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 Novacyt from various momentum indicators to cycle indicators. When you analyze Novacyt 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 | (0.02) | |||
| Market Risk Adjusted Performance | 0.2864 | |||
| Mean Deviation | 1.6 | |||
| Coefficient Of Variation | (3,097) | |||
| Standard Deviation | 2.5 | |||
| Variance | 6.26 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.2764 | |||
| Maximum Drawdown | 12.45 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 4.65 | |||
| Skewness | 0.86 | |||
| Kurtosis | 1.79 |
Novacyt January 30, 2026 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 Novacyt 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 | 3,475 | ||
| Daily Balance Of Power | (2.00) | ||
| Rate Of Daily Change | 0.95 | ||
| Day Median Price | 0.42 | ||
| Day Typical Price | 0.42 | ||
| Price Action Indicator | (0.01) |
Additional Tools for Novacyt Stock Analysis
When running Novacyt's price analysis, check to measure Novacyt'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 Novacyt is operating at the current time. Most of Novacyt's value examination focuses on studying past and present price action to predict the probability of Novacyt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novacyt's price. Additionally, you may evaluate how the addition of Novacyt to your portfolios can decrease your overall portfolio volatility.