Nouveau Monde Graphite Stock Technical Analysis
| NMG Stock | USD 1.93 0.12 5.85% |
As of the 16th of February 2025, Nouveau Monde secures the Risk Adjusted Performance of 0.0903, mean deviation of 4.44, and Downside Deviation of 4.89. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nouveau Monde Graphite, as well as the relationship between them. Please verify Nouveau Monde Graphite jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Nouveau Monde Graphite is priced some-what accurately, providing market reflects its recent price of 1.93 per share. Please also check out Nouveau Monde total risk alpha, which is currently at 0.6756 to check the company can sustain itself at a future point.
Nouveau Monde Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nouveau, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NouveauNouveau |
Nouveau Monde Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 2.9 | Strong Buy | 4 | Odds |
Most Nouveau 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 Nouveau stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nouveau Monde Graphite, talking to its executives and customers, or listening to Nouveau conference calls.
Nouveau Monde 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.
Nouveau Monde Graphite Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Nouveau Monde Graphite volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nouveau Monde Graphite Trend Analysis
Use this graph to draw trend lines for Nouveau Monde Graphite. You can use it to identify possible trend reversals for Nouveau Monde 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 Nouveau Monde price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nouveau Monde Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nouveau Monde Graphite applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that Nouveau Monde Graphite will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 12.42, which is the sum of squared deviations for the predicted Nouveau Monde price change compared to its average price change.About Nouveau Monde 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 Nouveau Monde Graphite 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 Nouveau Monde Graphite based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nouveau Monde Graphite price pattern first instead of the macroeconomic environment surrounding Nouveau Monde Graphite. By analyzing Nouveau Monde'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 Nouveau Monde'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 Nouveau Monde specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2024 | 2025 (projected) | Payables Turnover | 3.3 | 3.47 | Days Of Inventory On Hand | 60.99 | 73.48 |
Nouveau Monde February 16, 2025 Technical Indicators
Most technical analysis of Nouveau 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 Nouveau from various momentum indicators to cycle indicators. When you analyze Nouveau 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 | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0903 | |||
| Market Risk Adjusted Performance | 0.8618 | |||
| Mean Deviation | 4.44 | |||
| Semi Deviation | 4.33 | |||
| Downside Deviation | 4.89 | |||
| Coefficient Of Variation | 869.67 | |||
| Standard Deviation | 6.04 | |||
| Variance | 36.53 | |||
| Information Ratio | 0.1131 | |||
| Jensen Alpha | 0.6841 | |||
| Total Risk Alpha | 0.6756 | |||
| Sortino Ratio | 0.14 | |||
| Treynor Ratio | 0.8518 | |||
| Maximum Drawdown | 30.48 | |||
| Value At Risk | (6.84) | |||
| Potential Upside | 11.29 | |||
| Downside Variance | 23.86 | |||
| Semi Variance | 18.77 | |||
| Expected Short fall | (5.74) | |||
| Skewness | 0.7657 | |||
| Kurtosis | 1.21 |
Complementary Tools for Nouveau Stock analysis
When running Nouveau Monde's price analysis, check to measure Nouveau Monde'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 Nouveau Monde is operating at the current time. Most of Nouveau Monde's value examination focuses on studying past and present price action to predict the probability of Nouveau Monde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nouveau Monde's price. Additionally, you may evaluate how the addition of Nouveau Monde to your portfolios can decrease your overall portfolio volatility.
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