Nordic Asia (Sweden) Technical Analysis
NAIG-B Stock | 2.81 0.03 1.06% |
As of the 30th of November, Nordic Asia secures the Mean Deviation of 2.18, risk adjusted performance of 0.0177, and Downside Deviation of 3.24. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nordic Asia Investment, as well as the relationship between them.
Nordic Asia Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nordic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NordicNordic |
Nordic Asia 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.
Nordic Asia Investment Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Nordic Asia Investment volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nordic Asia Investment Trend Analysis
Use this graph to draw trend lines for Nordic Asia Investment. You can use it to identify possible trend reversals for Nordic Asia 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 Nordic Asia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nordic Asia Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nordic Asia Investment applied against its price change over selected period. The best fit line has a slop of 0.004 , which may suggest that Nordic Asia Investment market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.61, which is the sum of squared deviations for the predicted Nordic Asia price change compared to its average price change.About Nordic Asia 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 Nordic Asia Investment 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 Nordic Asia Investment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nordic Asia Investment price pattern first instead of the macroeconomic environment surrounding Nordic Asia Investment. By analyzing Nordic Asia'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 Nordic Asia'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 Nordic Asia specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nordic Asia November 30, 2024 Technical Indicators
Most technical analysis of Nordic 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 Nordic from various momentum indicators to cycle indicators. When you analyze Nordic 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 | 0.0177 | |||
Market Risk Adjusted Performance | (0.38) | |||
Mean Deviation | 2.18 | |||
Semi Deviation | 2.89 | |||
Downside Deviation | 3.24 | |||
Coefficient Of Variation | 7513.65 | |||
Standard Deviation | 3.06 | |||
Variance | 9.36 | |||
Information Ratio | (0.03) | |||
Jensen Alpha | 0.0407 | |||
Total Risk Alpha | (0.48) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | (0.39) | |||
Maximum Drawdown | 19.28 | |||
Value At Risk | (4.69) | |||
Potential Upside | 4.73 | |||
Downside Variance | 10.52 | |||
Semi Variance | 8.37 | |||
Expected Short fall | (2.44) | |||
Skewness | 0.0797 | |||
Kurtosis | 1.87 |
Nordic Asia November 30, 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 Nordic 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 | 73.36 | ||
Daily Balance Of Power | (0.37) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 2.84 | ||
Day Typical Price | 2.83 | ||
Price Action Indicator | (0.04) |
Complementary Tools for Nordic Stock analysis
When running Nordic Asia's price analysis, check to measure Nordic Asia'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 Nordic Asia is operating at the current time. Most of Nordic Asia's value examination focuses on studying past and present price action to predict the probability of Nordic Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic Asia's price. Additionally, you may evaluate how the addition of Nordic Asia to your portfolios can decrease your overall portfolio volatility.
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