Nn Inc Stock Technical Analysis
| NNBR Stock | USD 3.96 0.01 0.25% |
As of the 25th of November, NN owns the Standard Deviation of 3.92, mean deviation of 2.51, and Market Risk Adjusted Performance of 0.0742. In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of NN Inc, as well as the relationship between them. Please verify NN Inc standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if NN Inc is priced some-what accurately, providing market reflects its prevailing price of 3.96 per share. Given that NN Inc has jensen alpha of (0.13), we recommend you to check NN's latest market performance to make sure the company can sustain itself sooner or later.
NN Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NNNN |
NN Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 4.5 | Strong Buy | 2 | Odds |
Most NN 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 NN stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of NN Inc, talking to its executives and customers, or listening to NN conference calls.
NN 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.
NN Inc Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 NN Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NN Inc Trend Analysis
Use this graph to draw trend lines for NN Inc. You can use it to identify possible trend reversals for NN 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 NN price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NN Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NN Inc applied against its price change over selected period. The best fit line has a slop of 0 , which means NN Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted NN price change compared to its average price change.About NN 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 NN Inc 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 NN Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NN Inc price pattern first instead of the macroeconomic environment surrounding NN Inc. By analyzing NN'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 NN'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 NN specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2020 | 2021 | 2024 (projected) | Dividend Yield | 0.0131 | 0.005178 | 0.005656 | Price To Sales Ratio | 0.65 | 0.38 | 0.36 |
NN November 25, 2024 Technical Indicators
Most technical analysis of NN 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 NN from various momentum indicators to cycle indicators. When you analyze NN 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 | 0.0398 | |||
| Market Risk Adjusted Performance | 0.0742 | |||
| Mean Deviation | 2.51 | |||
| Semi Deviation | 4.31 | |||
| Downside Deviation | 4.63 | |||
| Coefficient Of Variation | 2414.47 | |||
| Standard Deviation | 3.92 | |||
| Variance | 15.36 | |||
| Information Ratio | 0.008 | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | 0.0642 | |||
| Maximum Drawdown | 26.86 | |||
| Value At Risk | (4.86) | |||
| Potential Upside | 5.59 | |||
| Downside Variance | 21.45 | |||
| Semi Variance | 18.6 | |||
| Expected Short fall | (2.67) | |||
| Skewness | (1.83) | |||
| Kurtosis | 9.23 |
Additional Tools for NN Stock Analysis
When running NN's price analysis, check to measure NN'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 NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.