Nuvim Inc Stock Technical Analysis
| NUVM Stock | USD 0 0.0005 14.29% |
As of the 1st of December, NuVim secures the Mean Deviation of 1.34, risk adjusted performance of 0.0285, and Market Risk Adjusted Performance of (0.47). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NuVim Inc, as well as the relationship between them. Please verify NuVim Inc market risk adjusted performance and treynor ratio to decide if NuVim Inc is priced some-what accurately, providing market reflects its recent price of 0.004 per share. As NuVim Inc appears to be a penny stock we also strongly suggest to check its information ratio numbers.
NuVim Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NuVim, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NuVimNuVim |
NuVim 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.
NuVim Inc 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 NuVim Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NuVim Inc Trend Analysis
Use this graph to draw trend lines for NuVim Inc. You can use it to identify possible trend reversals for NuVim 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 NuVim price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NuVim Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NuVim Inc applied against its price change over selected period. The best fit line has a slop of 0.00000611 , which means NuVim Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted NuVim price change compared to its average price change.About NuVim 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 NuVim Inc 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 NuVim Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NuVim Inc price pattern first instead of the macroeconomic environment surrounding NuVim Inc. By analyzing NuVim'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 NuVim'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 NuVim specific price patterns or momentum indicators. Please read more on our technical analysis page.
NuVim December 1, 2024 Technical Indicators
Most technical analysis of NuVim 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 NuVim from various momentum indicators to cycle indicators. When you analyze NuVim 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 | 0.0285 | |||
| Market Risk Adjusted Performance | (0.47) | |||
| Mean Deviation | 1.34 | |||
| Coefficient Of Variation | 3835.67 | |||
| Standard Deviation | 5.49 | |||
| Variance | 30.13 | |||
| Information Ratio | 0.001 | |||
| Jensen Alpha | 0.1684 | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (0.48) | |||
| Maximum Drawdown | 33.33 | |||
| Skewness | 2.01 | |||
| Kurtosis | 27.31 |
Other Information on Investing in NuVim Pink Sheet
NuVim financial ratios help investors to determine whether NuVim Pink Sheet 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 NuVim with respect to the benefits of owning NuVim security.