National Vision Holdings Stock Technical Analysis
EYE Stock | USD 11.55 0.21 1.85% |
As of the 22nd of November, National Vision secures the Mean Deviation of 1.87, risk adjusted performance of 0.0459, and Downside Deviation of 2.1. National Vision Holdings 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. Please verify National Vision Holdings variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if National Vision Holdings is priced some-what accurately, providing market reflects its recent price of 11.55 per share. Given that National Vision Holdings has jensen alpha of 0.0709, we recommend you to check National Vision's last-minute market performance to make sure the company can sustain itself at a future point.
National Vision Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as National, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NationalNational |
National Vision Analyst Consensus
Target Price | Advice | # of Analysts | |
22.0 | Buy | 11 | Odds |
Most National analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand National stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of National Vision Holdings, talking to its executives and customers, or listening to National conference calls.
National Vision 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.
National Vision Holdings Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 National Vision Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
National Vision Holdings Trend Analysis
Use this graph to draw trend lines for National Vision Holdings. You can use it to identify possible trend reversals for National Vision 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 National Vision price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.National Vision Best Fit Change Line
The following chart estimates an ordinary least squares regression model for National Vision Holdings applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that National Vision Holdings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 7.97, which is the sum of squared deviations for the predicted National Vision price change compared to its average price change.About National Vision 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 National Vision Holdings 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 National Vision Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on National Vision Holdings price pattern first instead of the macroeconomic environment surrounding National Vision Holdings. By analyzing National Vision'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 National Vision'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 National Vision specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.0833 | 0.0785 | Price To Sales Ratio | 1.77 | 1.76 |
National Vision November 22, 2024 Technical Indicators
Most technical analysis of National 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 National from various momentum indicators to cycle indicators. When you analyze National 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 | 0.0459 | |||
Market Risk Adjusted Performance | 0.2416 | |||
Mean Deviation | 1.87 | |||
Semi Deviation | 1.95 | |||
Downside Deviation | 2.1 | |||
Coefficient Of Variation | 1927.24 | |||
Standard Deviation | 2.36 | |||
Variance | 5.56 | |||
Information Ratio | 0.0114 | |||
Jensen Alpha | 0.0709 | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | 0.0128 | |||
Treynor Ratio | 0.2316 | |||
Maximum Drawdown | 10.35 | |||
Value At Risk | (3.21) | |||
Potential Upside | 4.82 | |||
Downside Variance | 4.4 | |||
Semi Variance | 3.78 | |||
Expected Short fall | (2.18) | |||
Skewness | 0.4307 | |||
Kurtosis | (0.02) |
National Vision November 22, 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 National 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 | 29,445 | ||
Daily Balance Of Power | 0.55 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 11.39 | ||
Day Typical Price | 11.44 | ||
Price Action Indicator | 0.27 |
Complementary Tools for National Stock analysis
When running National Vision's price analysis, check to measure National Vision'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 National Vision is operating at the current time. Most of National Vision's value examination focuses on studying past and present price action to predict the probability of National Vision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Vision's price. Additionally, you may evaluate how the addition of National Vision to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |