Next Mediaworks (India) Technical Analysis
| NEXTMEDIA | 10.58 1.76 19.95% |
As of the 23rd of November, Next Mediaworks secures the Downside Deviation of 2.05, mean deviation of 2.26, and Risk Adjusted Performance of 0.108. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Next Mediaworks, as well as the relationship between them. Please verify Next Mediaworks coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Next Mediaworks Limited is priced some-what accurately, providing market reflects its recent price of 10.58 per share.
Next Mediaworks Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Next, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NextNext |
Next Mediaworks 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.
Next Mediaworks 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 Next Mediaworks volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Next Mediaworks Trend Analysis
Use this graph to draw trend lines for Next Mediaworks Limited. You can use it to identify possible trend reversals for Next Mediaworks 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 Next Mediaworks price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Next Mediaworks Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Next Mediaworks Limited applied against its price change over selected period. The best fit line has a slop of 0 , which means Next Mediaworks Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.45, which is the sum of squared deviations for the predicted Next Mediaworks price change compared to its average price change.About Next Mediaworks 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 Next Mediaworks Limited 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 Next Mediaworks Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Next Mediaworks price pattern first instead of the macroeconomic environment surrounding Next Mediaworks. By analyzing Next Mediaworks'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 Next Mediaworks'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 Next Mediaworks specific price patterns or momentum indicators. Please read more on our technical analysis page.
Next Mediaworks November 23, 2024 Technical Indicators
Most technical analysis of Next 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 Next from various momentum indicators to cycle indicators. When you analyze Next 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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| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.108 | |||
| Market Risk Adjusted Performance | 0.4583 | |||
| Mean Deviation | 2.26 | |||
| Semi Deviation | 1.69 | |||
| Downside Deviation | 2.05 | |||
| Coefficient Of Variation | 767.32 | |||
| Standard Deviation | 4.02 | |||
| Variance | 16.19 | |||
| Information Ratio | 0.0978 | |||
| Jensen Alpha | 0.3758 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1916 | |||
| Treynor Ratio | 0.4483 | |||
| Maximum Drawdown | 9.19 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 4.34 | |||
| Downside Variance | 4.22 | |||
| Semi Variance | 2.87 | |||
| Expected Short fall | (3.38) | |||
| Skewness | 3.48 | |||
| Kurtosis | 15.54 |
Complementary Tools for Next Stock analysis
When running Next Mediaworks' price analysis, check to measure Next Mediaworks' 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 Next Mediaworks is operating at the current time. Most of Next Mediaworks' value examination focuses on studying past and present price action to predict the probability of Next Mediaworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Mediaworks' price. Additionally, you may evaluate how the addition of Next Mediaworks to your portfolios can decrease your overall portfolio volatility.
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