Nitto Denko Stock Technical Analysis
NDEKF Stock | USD 15.80 0.70 4.64% |
As of the 28th of November, Nitto Denko secures the Downside Deviation of 62.04, mean deviation of 25.72, and Risk Adjusted Performance of 0.103. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nitto Denko, as well as the relationship between them. Please verify Nitto Denko maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Nitto Denko is priced some-what accurately, providing market reflects its recent price of 15.8 per share. Given that Nitto Denko has jensen alpha of 9.55, we recommend you to check Nitto Denko's last-minute market performance to make sure the company can sustain itself at a future point.
Nitto Denko Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nitto, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NittoNitto |
Nitto Denko technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Nitto Denko Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Nitto Denko volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nitto Denko Trend Analysis
Use this graph to draw trend lines for Nitto Denko. You can use it to identify possible trend reversals for Nitto Denko 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 Nitto Denko price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nitto Denko Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nitto Denko applied against its price change over selected period. The best fit line has a slop of 1.16 , which may suggest that Nitto Denko market price will keep on failing further. It has 122 observation points and a regression sum of squares at 50962.91, which is the sum of squared deviations for the predicted Nitto Denko price change compared to its average price change.About Nitto Denko 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 Nitto Denko 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 Nitto Denko based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nitto Denko price pattern first instead of the macroeconomic environment surrounding Nitto Denko. By analyzing Nitto Denko'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 Nitto Denko'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 Nitto Denko specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nitto Denko November 28, 2024 Technical Indicators
Most technical analysis of Nitto 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 Nitto from various momentum indicators to cycle indicators. When you analyze Nitto 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 | 0.103 | |||
Market Risk Adjusted Performance | (7.17) | |||
Mean Deviation | 25.72 | |||
Semi Deviation | 17.21 | |||
Downside Deviation | 62.04 | |||
Coefficient Of Variation | 822.76 | |||
Standard Deviation | 77.44 | |||
Variance | 5997.14 | |||
Information Ratio | 0.1199 | |||
Jensen Alpha | 9.55 | |||
Total Risk Alpha | (2.26) | |||
Sortino Ratio | 0.1497 | |||
Treynor Ratio | (7.18) | |||
Maximum Drawdown | 514.01 | |||
Value At Risk | (4.10) | |||
Potential Upside | 1.28 | |||
Downside Variance | 3849.25 | |||
Semi Variance | 296.2 | |||
Expected Short fall | (218.20) | |||
Skewness | 5.15 | |||
Kurtosis | 27.39 |
Complementary Tools for Nitto Pink Sheet analysis
When running Nitto Denko's price analysis, check to measure Nitto Denko'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 Nitto Denko is operating at the current time. Most of Nitto Denko's value examination focuses on studying past and present price action to predict the probability of Nitto Denko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitto Denko's price. Additionally, you may evaluate how the addition of Nitto Denko to your portfolios can decrease your overall portfolio volatility.
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