Northern Star (Germany) Technical Analysis
NS7 Stock | EUR 10.94 0.19 1.77% |
As of the 24th of November, Northern Star secures the Mean Deviation of 1.64, downside deviation of 2.79, and Risk Adjusted Performance of 0.1167. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Star Resources, as well as the relationship between them. Please verify Northern Star Resources maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Northern Star Resources is priced some-what accurately, providing market reflects its recent price of 10.94 per share.
Northern Star Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Northern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorthernNorthern |
Northern Star 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.
Northern Star Resources Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Northern Star Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Northern Star Resources Trend Analysis
Use this graph to draw trend lines for Northern Star Resources. You can use it to identify possible trend reversals for Northern Star 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 Northern Star price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Northern Star Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Northern Star Resources applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Northern Star Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 28.39, which is the sum of squared deviations for the predicted Northern Star price change compared to its average price change.About Northern Star 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 Northern Star Resources 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 Northern Star Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Northern Star Resources price pattern first instead of the macroeconomic environment surrounding Northern Star Resources. By analyzing Northern Star'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 Northern Star'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 Northern Star specific price patterns or momentum indicators. Please read more on our technical analysis page.
Northern Star November 24, 2024 Technical Indicators
Most technical analysis of Northern 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 Northern from various momentum indicators to cycle indicators. When you analyze Northern 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 | 0.1167 | |||
Market Risk Adjusted Performance | 0.6713 | |||
Mean Deviation | 1.64 | |||
Semi Deviation | 2.41 | |||
Downside Deviation | 2.79 | |||
Coefficient Of Variation | 696.95 | |||
Standard Deviation | 2.31 | |||
Variance | 5.33 | |||
Information Ratio | 0.0868 | |||
Jensen Alpha | 0.2625 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | 0.0719 | |||
Treynor Ratio | 0.6613 | |||
Maximum Drawdown | 11.48 | |||
Value At Risk | (4.02) | |||
Potential Upside | 3.48 | |||
Downside Variance | 7.76 | |||
Semi Variance | 5.82 | |||
Expected Short fall | (1.66) | |||
Skewness | (0.93) | |||
Kurtosis | 2.39 |
Complementary Tools for Northern Stock analysis
When running Northern Star's price analysis, check to measure Northern Star'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 Northern Star is operating at the current time. Most of Northern Star's value examination focuses on studying past and present price action to predict the probability of Northern Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Star's price. Additionally, you may evaluate how the addition of Northern Star to your portfolios can decrease your overall portfolio volatility.
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