NTG Nordic (Denmark) Technical Analysis
| NTG Stock | DKK 293.50 1.00 0.34% |
As of the 23rd of November, NTG Nordic secures the risk adjusted performance of 0.0569, and Mean Deviation of 1.55. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NTG Nordic Transport, as well as the relationship between them.
NTG Nordic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NTG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NTGNTG |
NTG Nordic 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.
NTG Nordic Transport 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 NTG Nordic Transport volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NTG Nordic Transport Trend Analysis
Use this graph to draw trend lines for NTG Nordic Transport. You can use it to identify possible trend reversals for NTG Nordic 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 NTG Nordic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NTG Nordic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NTG Nordic Transport applied against its price change over selected period. The best fit line has a slop of 0.25 , which means NTG Nordic Transport will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2412.5, which is the sum of squared deviations for the predicted NTG Nordic price change compared to its average price change.About NTG Nordic 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 NTG Nordic Transport 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 NTG Nordic Transport based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NTG Nordic Transport price pattern first instead of the macroeconomic environment surrounding NTG Nordic Transport. By analyzing NTG Nordic'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 NTG Nordic'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 NTG Nordic specific price patterns or momentum indicators. Please read more on our technical analysis page.
NTG Nordic November 23, 2024 Technical Indicators
Most technical analysis of NTG 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 NTG from various momentum indicators to cycle indicators. When you analyze NTG 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 | 0.0569 | |||
| Market Risk Adjusted Performance | 0.7051 | |||
| Mean Deviation | 1.55 | |||
| Semi Deviation | 1.93 | |||
| Downside Deviation | 2.04 | |||
| Coefficient Of Variation | 1521.28 | |||
| Standard Deviation | 2.2 | |||
| Variance | 4.83 | |||
| Information Ratio | 0.0062 | |||
| Jensen Alpha | 0.1111 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0067 | |||
| Treynor Ratio | 0.6951 | |||
| Maximum Drawdown | 13.56 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 4.46 | |||
| Downside Variance | 4.14 | |||
| Semi Variance | 3.72 | |||
| Expected Short fall | (1.61) | |||
| Skewness | 0.7417 | |||
| Kurtosis | 2.32 |
Other Information on Investing in NTG Stock
NTG Nordic financial ratios help investors to determine whether NTG Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NTG with respect to the benefits of owning NTG Nordic security.