Nippon Sharyo (Germany) Technical Analysis
| NIP Stock | EUR 14.30 0.20 1.42% |
As of the 11th of December 2024, Nippon Sharyo secures the Downside Deviation of 1.5, mean deviation of 0.9786, and Risk Adjusted Performance of 0.0862. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nippon Sharyo, as well as the relationship between them.
Nippon Sharyo Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nippon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NipponNippon |
Nippon Sharyo 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.
Nippon Sharyo 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 Nippon Sharyo volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nippon Sharyo Trend Analysis
Use this graph to draw trend lines for Nippon Sharyo. You can use it to identify possible trend reversals for Nippon Sharyo 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 Nippon Sharyo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nippon Sharyo Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nippon Sharyo applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Nippon Sharyo will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.89, which is the sum of squared deviations for the predicted Nippon Sharyo price change compared to its average price change.About Nippon Sharyo 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 Nippon Sharyo 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 Nippon Sharyo based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nippon Sharyo price pattern first instead of the macroeconomic environment surrounding Nippon Sharyo. By analyzing Nippon Sharyo'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 Nippon Sharyo'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 Nippon Sharyo specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nippon Sharyo December 11, 2024 Technical Indicators
Most technical analysis of Nippon 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 Nippon from various momentum indicators to cycle indicators. When you analyze Nippon 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 | 0.0862 | |||
| Market Risk Adjusted Performance | 7.94 | |||
| Mean Deviation | 0.9786 | |||
| Semi Deviation | 0.9977 | |||
| Downside Deviation | 1.5 | |||
| Coefficient Of Variation | 886.17 | |||
| Standard Deviation | 1.36 | |||
| Variance | 1.85 | |||
| Information Ratio | 0.0214 | |||
| Jensen Alpha | 0.1415 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0194 | |||
| Treynor Ratio | 7.93 | |||
| Maximum Drawdown | 8.39 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 2.24 | |||
| Downside Variance | 2.25 | |||
| Semi Variance | 0.9953 | |||
| Expected Short fall | (1.40) | |||
| Skewness | 0.6149 | |||
| Kurtosis | 3.29 |
Additional Tools for Nippon Stock Analysis
When running Nippon Sharyo's price analysis, check to measure Nippon Sharyo'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 Nippon Sharyo is operating at the current time. Most of Nippon Sharyo's value examination focuses on studying past and present price action to predict the probability of Nippon Sharyo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nippon Sharyo's price. Additionally, you may evaluate how the addition of Nippon Sharyo to your portfolios can decrease your overall portfolio volatility.