Nexteer Automotive Group Stock Technical Analysis
| NTXVF Stock | USD 0.39 0.00 0.00% |
As of the 28th of November, Nexteer Automotive secures the Standard Deviation of 2.38, risk adjusted performance of 0.0993, and Mean Deviation of 0.8944. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nexteer Automotive, as well as the relationship between them. Please verify Nexteer Automotive risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis to decide if Nexteer Automotive Group is priced some-what accurately, providing market reflects its recent price of 0.39 per share. As Nexteer Automotive appears to be a penny stock we also strongly suggest to check its information ratio numbers.
Nexteer Automotive Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nexteer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NexteerNexteer |
Nexteer Automotive 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.
Nexteer Automotive Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Nexteer Automotive volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nexteer Automotive Trend Analysis
Use this graph to draw trend lines for Nexteer Automotive Group. You can use it to identify possible trend reversals for Nexteer Automotive 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 Nexteer Automotive price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nexteer Automotive Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nexteer Automotive Group applied against its price change over selected period. The best fit line has a slop of 0.0009 , which means Nexteer Automotive Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Nexteer Automotive price change compared to its average price change.About Nexteer Automotive 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 Nexteer Automotive Group 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 Nexteer Automotive Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nexteer Automotive price pattern first instead of the macroeconomic environment surrounding Nexteer Automotive. By analyzing Nexteer Automotive'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 Nexteer Automotive'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 Nexteer Automotive specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nexteer Automotive November 28, 2024 Technical Indicators
Most technical analysis of Nexteer 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 Nexteer from various momentum indicators to cycle indicators. When you analyze Nexteer 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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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0993 | |||
| Market Risk Adjusted Performance | (0.69) | |||
| Mean Deviation | 0.8944 | |||
| Coefficient Of Variation | 828.11 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.68 | |||
| Information Ratio | 0.0681 | |||
| Jensen Alpha | 0.3235 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.70) | |||
| Maximum Drawdown | 17.91 | |||
| Skewness | 3.76 | |||
| Kurtosis | 18.33 |
Complementary Tools for Nexteer Pink Sheet analysis
When running Nexteer Automotive's price analysis, check to measure Nexteer Automotive'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 Nexteer Automotive is operating at the current time. Most of Nexteer Automotive's value examination focuses on studying past and present price action to predict the probability of Nexteer Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexteer Automotive's price. Additionally, you may evaluate how the addition of Nexteer Automotive to your portfolios can decrease your overall portfolio volatility.
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