Nissin Foods Holdings Stock Technical Analysis
NFPDFDelisted Stock | USD 24.20 0.00 0.00% |
As of the 27th of November, Nissin Foods secures the Risk Adjusted Performance of (0.09), standard deviation of 1.37, and Mean Deviation of 0.3331. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nissin Foods Holdings, as well as the relationship between them. Please verify Nissin Foods Holdings coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if Nissin Foods Holdings is priced some-what accurately, providing market reflects its recent price of 24.2 per share. Given that Nissin Foods Holdings has variance of 1.89, we recommend you to check Nissin Foods's last-minute market performance to make sure the company can sustain itself at a future point.
Nissin Foods Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nissin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NissinNissin |
Nissin Foods 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.
Nissin Foods Holdings Technical Analysis
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Nissin Foods Holdings Trend Analysis
Use this graph to draw trend lines for Nissin Foods Holdings. You can use it to identify possible trend reversals for Nissin Foods 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 Nissin Foods price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nissin Foods Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nissin Foods Holdings applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Nissin Foods Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 53.52, which is the sum of squared deviations for the predicted Nissin Foods price change compared to its average price change.About Nissin Foods 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 Nissin Foods 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 Nissin Foods Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nissin Foods Holdings price pattern first instead of the macroeconomic environment surrounding Nissin Foods Holdings. By analyzing Nissin Foods'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 Nissin Foods'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 Nissin Foods specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nissin Foods November 27, 2024 Technical Indicators
Most technical analysis of Nissin 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 Nissin from various momentum indicators to cycle indicators. When you analyze Nissin 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 | (0.09) | |||
Market Risk Adjusted Performance | 1.45 | |||
Mean Deviation | 0.3331 | |||
Coefficient Of Variation | (812.40) | |||
Standard Deviation | 1.37 | |||
Variance | 1.89 | |||
Information Ratio | (0.22) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | 1.44 | |||
Maximum Drawdown | 11.16 | |||
Skewness | (8.12) | |||
Kurtosis | 66.0 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Nissin Pink Sheet
If you are still planning to invest in Nissin Foods Holdings 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 Nissin Foods' history and understand the potential risks before investing.
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