Nerdwallet Stock Technical Analysis
| NRDS Stock | USD 13.87 0.37 2.60% |
As of the 27th of November, Nerdwallet secures the Downside Deviation of 2.81, risk adjusted performance of 0.0494, and Mean Deviation of 2.74. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nerdwallet, as well as the relationship between them. Please verify Nerdwallet information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Nerdwallet is priced some-what accurately, providing market reflects its recent price of 13.87 per share. Given that Nerdwallet has jensen alpha of 0.1279, we recommend you to check Nerdwallet's last-minute market performance to make sure the company can sustain itself at a future point.
Nerdwallet Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nerdwallet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NerdwalletNerdwallet |
Nerdwallet Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 16.17 | Strong Buy | 7 | Odds |
Most Nerdwallet 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 Nerdwallet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nerdwallet, talking to its executives and customers, or listening to Nerdwallet conference calls.
Nerdwallet 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.
Nerdwallet Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. 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 Nerdwallet volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nerdwallet Trend Analysis
Use this graph to draw trend lines for Nerdwallet. You can use it to identify possible trend reversals for Nerdwallet 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 Nerdwallet price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nerdwallet Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nerdwallet applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Nerdwallet will continue generating value for investors. It has 122 observation points and a regression sum of squares at 50.22, which is the sum of squared deviations for the predicted Nerdwallet price change compared to its average price change.About Nerdwallet 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 Nerdwallet 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 Nerdwallet based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nerdwallet price pattern first instead of the macroeconomic environment surrounding Nerdwallet. By analyzing Nerdwallet'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 Nerdwallet'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 Nerdwallet specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 58.56 | 62.85 | 49.32 | 63.35 | PTB Ratio | 4.05 | 1.98 | 3.08 | 2.92 |
Nerdwallet November 27, 2024 Technical Indicators
Most technical analysis of Nerdwallet 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 Nerdwallet from various momentum indicators to cycle indicators. When you analyze Nerdwallet 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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| Volume Indicators |
| Risk Adjusted Performance | 0.0494 | |||
| Market Risk Adjusted Performance | 0.2486 | |||
| Mean Deviation | 2.74 | |||
| Semi Deviation | 2.72 | |||
| Downside Deviation | 2.81 | |||
| Coefficient Of Variation | 1866.61 | |||
| Standard Deviation | 5.01 | |||
| Variance | 25.06 | |||
| Information Ratio | 0.0275 | |||
| Jensen Alpha | 0.1279 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.049 | |||
| Treynor Ratio | 0.2386 | |||
| Maximum Drawdown | 38.0 | |||
| Value At Risk | (4.67) | |||
| Potential Upside | 4.39 | |||
| Downside Variance | 7.9 | |||
| Semi Variance | 7.43 | |||
| Expected Short fall | (3.75) | |||
| Skewness | 4.34 | |||
| Kurtosis | 28.34 |
Additional Tools for Nerdwallet Stock Analysis
When running Nerdwallet's price analysis, check to measure Nerdwallet'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 Nerdwallet is operating at the current time. Most of Nerdwallet's value examination focuses on studying past and present price action to predict the probability of Nerdwallet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nerdwallet's price. Additionally, you may evaluate how the addition of Nerdwallet to your portfolios can decrease your overall portfolio volatility.