Neoen Sa Stock Technical Analysis
| NOSPF Stock | USD 42.00 8.00 23.53% |
As of the 30th of November, Neoen SA secures the Mean Deviation of 0.1536, standard deviation of 0.4084, and Risk Adjusted Performance of 0.1419. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Neoen SA, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for eleven technical drivers for Neoen SA, which can be compared to its peers in the industry. Please verify Neoen SA risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis to decide if Neoen SA is priced some-what accurately, providing market reflects its recent price of 42.0 per share. Given that Neoen SA has variance of 0.1668, we recommend you to check Neoen SA's last-minute market performance to make sure the company can sustain itself at a future point.
Neoen SA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Neoen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NeoenNeoen |
Neoen SA technical otc 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, otc market cycles, or different charting patterns.
Neoen SA Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Neoen SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Neoen SA Trend Analysis
Use this graph to draw trend lines for Neoen SA. You can use it to identify possible trend reversals for Neoen SA 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 Neoen SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Neoen SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Neoen SA applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Neoen SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.64, which is the sum of squared deviations for the predicted Neoen SA price change compared to its average price change.About Neoen SA 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 Neoen SA 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 Neoen SA based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Neoen SA price pattern first instead of the macroeconomic environment surrounding Neoen SA. By analyzing Neoen SA'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 Neoen SA'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 Neoen SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Neoen SA November 30, 2024 Technical Indicators
Most technical analysis of Neoen 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 Neoen from various momentum indicators to cycle indicators. When you analyze Neoen 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 | 0.1419 | |||
| Market Risk Adjusted Performance | 1.89 | |||
| Mean Deviation | 0.1536 | |||
| Coefficient Of Variation | 507.56 | |||
| Standard Deviation | 0.4084 | |||
| Variance | 0.1668 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | 0.0657 | |||
| Total Risk Alpha | 0.0023 | |||
| Treynor Ratio | 1.88 | |||
| Maximum Drawdown | 2.89 | |||
| Skewness | 5.81 | |||
| Kurtosis | 36.43 |
Complementary Tools for Neoen OTC Stock analysis
When running Neoen SA's price analysis, check to measure Neoen SA'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 Neoen SA is operating at the current time. Most of Neoen SA's value examination focuses on studying past and present price action to predict the probability of Neoen SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neoen SA's price. Additionally, you may evaluate how the addition of Neoen SA to your portfolios can decrease your overall portfolio volatility.
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