Ncs Multistage Holdings Stock Technical Analysis
| NCSM Stock | USD 22.95 0.06 0.26% |
As of the 26th of November, NCS Multistage secures the mean deviation of 1.92, and Downside Deviation of 2.29. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NCS Multistage Holdings, as well as the relationship between them. Please verify NCS Multistage Holdings information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if NCS Multistage Holdings is priced more or less accurately, providing market reflects its recent price of 22.95 per share. Given that NCS Multistage Holdings has jensen alpha of 0.1626, we recommend you to check NCS Multistage's last-minute market performance to make sure the company can sustain itself at some point in the future.
NCS Multistage Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NCS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NCSNCS |
NCS Multistage Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 56.08 | Strong Sell | 0 | Odds |
Most NCS 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 NCS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of NCS Multistage Holdings, talking to its executives and customers, or listening to NCS conference calls.
NCS Analyst Advice DetailsNCS Multistage 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.
NCS Multistage Holdings Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 NCS Multistage Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NCS Multistage Holdings Trend Analysis
Use this graph to draw trend lines for NCS Multistage Holdings. You can use it to identify possible trend reversals for NCS Multistage 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 NCS Multistage price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NCS Multistage Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NCS Multistage Holdings applied against its price change over selected period. The best fit line has a slop of 0.04 , which means NCS Multistage Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 69.03, which is the sum of squared deviations for the predicted NCS Multistage price change compared to its average price change.About NCS Multistage 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 NCS Multistage 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 NCS Multistage Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NCS Multistage Holdings price pattern first instead of the macroeconomic environment surrounding NCS Multistage Holdings. By analyzing NCS Multistage'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 NCS Multistage'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 NCS Multistage specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 89.69 | 74.05 | 110.22 | 105.07 | PTB Ratio | 0.75 | 0.67 | 0.48 | 0.46 |
NCS Multistage November 26, 2024 Technical Indicators
Most technical analysis of NCS 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 NCS from various momentum indicators to cycle indicators. When you analyze NCS 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 | 0.0701 | |||
| Market Risk Adjusted Performance | 0.4564 | |||
| Mean Deviation | 1.92 | |||
| Semi Deviation | 1.99 | |||
| Downside Deviation | 2.29 | |||
| Coefficient Of Variation | 1216.15 | |||
| Standard Deviation | 2.81 | |||
| Variance | 7.92 | |||
| Information Ratio | 0.0365 | |||
| Jensen Alpha | 0.1626 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | 0.4464 | |||
| Maximum Drawdown | 16.27 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 3.64 | |||
| Downside Variance | 5.22 | |||
| Semi Variance | 3.97 | |||
| Expected Short fall | (2.26) | |||
| Skewness | 1.7 | |||
| Kurtosis | 6.81 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NCS Multistage Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NCS Multistage. If investors know NCS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NCS Multistage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.1) | Earnings Share 17.27 | Revenue Per Share 60.575 | Quarterly Revenue Growth 0.15 | Return On Assets (0.0007) |
The market value of NCS Multistage Holdings is measured differently than its book value, which is the value of NCS that is recorded on the company's balance sheet. Investors also form their own opinion of NCS Multistage's value that differs from its market value or its book value, called intrinsic value, which is NCS Multistage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NCS Multistage's market value can be influenced by many factors that don't directly affect NCS Multistage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NCS Multistage's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCS Multistage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCS Multistage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.