Nine Energy Service Stock Technical Analysis
| NINE Stock | USD 1.26 0.08 6.78% |
As of the 22nd of November, Nine Energy secures the Downside Deviation of 5.26, mean deviation of 4.36, and Risk Adjusted Performance of 0.035. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nine Energy Service, as well as the relationship between them. Please verify Nine Energy Service treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Nine Energy Service is priced some-what accurately, providing market reflects its recent price of 1.26 per share. Given that Nine Energy Service is a hitting penny stock territory we strongly suggest to closely look at its total risk alpha.
Nine Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nine, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NineNine |
Nine Energy Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 5.25 | Strong Sell | 1 | Odds |
Most Nine 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 Nine stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nine Energy Service, talking to its executives and customers, or listening to Nine conference calls.
Nine Energy 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.
Nine Energy Service Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Nine Energy Service volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nine Energy Service Trend Analysis
Use this graph to draw trend lines for Nine Energy Service. You can use it to identify possible trend reversals for Nine Energy 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 Nine Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nine Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nine Energy Service applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Nine Energy Service market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Nine Energy price change compared to its average price change.About Nine Energy 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 Nine Energy Service 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 Nine Energy Service based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nine Energy Service price pattern first instead of the macroeconomic environment surrounding Nine Energy Service. By analyzing Nine Energy'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 Nine Energy'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 Nine Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.003626 | 0.003223 | Price To Sales Ratio | 0.15 | 0.14 |
Nine Energy November 22, 2024 Technical Indicators
Most technical analysis of Nine 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 Nine from various momentum indicators to cycle indicators. When you analyze Nine 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 | 0.035 | |||
| Market Risk Adjusted Performance | 0.0696 | |||
| Mean Deviation | 4.36 | |||
| Semi Deviation | 4.61 | |||
| Downside Deviation | 5.26 | |||
| Coefficient Of Variation | 2916.25 | |||
| Standard Deviation | 6.62 | |||
| Variance | 43.86 | |||
| Information Ratio | 0.0178 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | 0.0596 | |||
| Maximum Drawdown | 43.06 | |||
| Value At Risk | (8.55) | |||
| Potential Upside | 10.77 | |||
| Downside Variance | 27.72 | |||
| Semi Variance | 21.25 | |||
| Expected Short fall | (5.98) | |||
| Skewness | 1.71 | |||
| Kurtosis | 5.78 |
Complementary Tools for Nine Stock analysis
When running Nine Energy's price analysis, check to measure Nine Energy'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 Nine Energy is operating at the current time. Most of Nine Energy's value examination focuses on studying past and present price action to predict the probability of Nine Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nine Energy's price. Additionally, you may evaluate how the addition of Nine Energy to your portfolios can decrease your overall portfolio volatility.
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