Nanophase Technol Stock Technical Analysis
NANXDelisted Stock | USD 1.40 0.21 17.65% |
As of the 24th of November, Nanophase Technol secures the Downside Deviation of 8.34, mean deviation of 5.91, and Risk Adjusted Performance of 0.0547. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nanophase Technol, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Nanophase Technol, which can be compared to its peers in the industry.
Nanophase Technol Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nanophase, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NanophaseNanophase |
Nanophase Technol technical otc 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, otc market cycles, or different charting patterns.
Nanophase Technol Technical Analysis
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Nanophase Technol Trend Analysis
Use this graph to draw trend lines for Nanophase Technol. You can use it to identify possible trend reversals for Nanophase Technol 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 Nanophase Technol price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nanophase Technol Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nanophase Technol applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Nanophase Technol will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.96, which is the sum of squared deviations for the predicted Nanophase Technol price change compared to its average price change.About Nanophase Technol 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 Nanophase Technol 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 Nanophase Technol based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Nanophase Technol price pattern first instead of the macroeconomic environment surrounding Nanophase Technol. By analyzing Nanophase Technol'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 Nanophase Technol'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 Nanophase Technol specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nanophase Technol November 24, 2024 Technical Indicators
Most technical analysis of Nanophase 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 Nanophase from various momentum indicators to cycle indicators. When you analyze Nanophase 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 | 0.0547 | |||
Market Risk Adjusted Performance | (4.76) | |||
Mean Deviation | 5.91 | |||
Semi Deviation | 7.18 | |||
Downside Deviation | 8.34 | |||
Coefficient Of Variation | 1688.07 | |||
Standard Deviation | 11.0 | |||
Variance | 120.94 | |||
Information Ratio | 0.0473 | |||
Jensen Alpha | 0.6577 | |||
Total Risk Alpha | (1.09) | |||
Sortino Ratio | 0.0624 | |||
Treynor Ratio | (4.77) | |||
Maximum Drawdown | 75.92 | |||
Value At Risk | (10.34) | |||
Potential Upside | 13.28 | |||
Downside Variance | 69.6 | |||
Semi Variance | 51.54 | |||
Expected Short fall | (8.45) | |||
Skewness | 2.97 | |||
Kurtosis | 18.83 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Nanophase OTC Stock
If you are still planning to invest in Nanophase Technol check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nanophase Technol's history and understand the potential risks before investing.
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