The North West Stock Technical Analysis
NNWWF Stock | USD 38.00 0.70 1.81% |
As of the 26th of November, North West secures the Risk Adjusted Performance of 0.1146, market risk adjusted performance of (0.82), and Downside Deviation of 2.11. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of North West, as well as the relationship between them. Please verify North West information ratio, as well as the relationship between the potential upside and kurtosis to decide if The North West is priced some-what accurately, providing market reflects its recent price of 38.0 per share. Given that North West has jensen alpha of 0.3305, we recommend you to check North West's last-minute market performance to make sure the company can sustain itself at a future point.
North West Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as North, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorthNorth |
North West 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.
North West Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 North West volatility. High ATR values indicate high volatility, and low values indicate low volatility.
North West Trend Analysis
Use this graph to draw trend lines for The North West. You can use it to identify possible trend reversals for North West 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 North West price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.North West Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The North West applied against its price change over selected period. The best fit line has a slop of 0.11 , which means The North West will continue generating value for investors. It has 122 observation points and a regression sum of squares at 472.32, which is the sum of squared deviations for the predicted North West price change compared to its average price change.About North West 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 The North West 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 The North West based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on North West price pattern first instead of the macroeconomic environment surrounding North West. By analyzing North West'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 North West'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 North West specific price patterns or momentum indicators. Please read more on our technical analysis page.
North West November 26, 2024 Technical Indicators
Most technical analysis of North 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 North from various momentum indicators to cycle indicators. When you analyze North 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 | 0.1146 | |||
Market Risk Adjusted Performance | (0.82) | |||
Mean Deviation | 0.8415 | |||
Semi Deviation | 0.2821 | |||
Downside Deviation | 2.11 | |||
Coefficient Of Variation | 705.95 | |||
Standard Deviation | 2.11 | |||
Variance | 4.46 | |||
Information Ratio | 0.0808 | |||
Jensen Alpha | 0.3305 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | 0.0809 | |||
Treynor Ratio | (0.83) | |||
Maximum Drawdown | 16.87 | |||
Value At Risk | (1.81) | |||
Potential Upside | 1.84 | |||
Downside Variance | 4.45 | |||
Semi Variance | 0.0796 | |||
Expected Short fall | (4.27) | |||
Skewness | 5.5 | |||
Kurtosis | 37.54 |
Complementary Tools for North Pink Sheet analysis
When running North West's price analysis, check to measure North West'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 North West is operating at the current time. Most of North West's value examination focuses on studying past and present price action to predict the probability of North West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North West's price. Additionally, you may evaluate how the addition of North West to your portfolios can decrease your overall portfolio volatility.
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