Nanoco Group (UK) Technical Analysis
| NANO Stock | 12.03 0.49 4.25% |
As of the 25th of November, Nanoco Group secures the Standard Deviation of 5.19, risk adjusted performance of (0.0004), and Mean Deviation of 2.82. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nanoco Group plc, as well as the relationship between them. Please verify Nanoco Group plc value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Nanoco Group plc is priced some-what accurately, providing market reflects its recent price of 12.03 per share.
Nanoco 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 Nanoco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NanocoNanoco |
Nanoco 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.
Nanoco Group plc Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Nanoco Group plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nanoco Group plc Trend Analysis
Use this graph to draw trend lines for Nanoco Group plc. You can use it to identify possible trend reversals for Nanoco 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 Nanoco Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nanoco Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nanoco Group plc applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Nanoco Group plc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.38, which is the sum of squared deviations for the predicted Nanoco Group price change compared to its average price change.About Nanoco 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 Nanoco Group plc 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 Nanoco Group plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nanoco Group plc price pattern first instead of the macroeconomic environment surrounding Nanoco Group plc. By analyzing Nanoco 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 Nanoco 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 Nanoco Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nanoco Group November 25, 2024 Technical Indicators
Most technical analysis of Nanoco 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 Nanoco from various momentum indicators to cycle indicators. When you analyze Nanoco 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.
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| Risk Adjusted Performance | (0.0004) | |||
| Market Risk Adjusted Performance | 3.75 | |||
| Mean Deviation | 2.82 | |||
| Coefficient Of Variation | (8,612) | |||
| Standard Deviation | 5.19 | |||
| Variance | 26.96 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | 3.74 | |||
| Maximum Drawdown | 35.61 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 5.02 | |||
| Skewness | (4.20) | |||
| Kurtosis | 27.99 |
Additional Tools for Nanoco Stock Analysis
When running Nanoco Group's price analysis, check to measure Nanoco 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 Nanoco Group is operating at the current time. Most of Nanoco Group's value examination focuses on studying past and present price action to predict the probability of Nanoco 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 Nanoco Group's price. Additionally, you may evaluate how the addition of Nanoco Group to your portfolios can decrease your overall portfolio volatility.