Norwegian Air Shuttle Stock Technical Analysis
| NWARF Stock | USD 1.00 0.03 3.09% |
As of the 25th of November, Norwegian Air secures the Risk Adjusted Performance of 0.041, mean deviation of 5.31, and Downside Deviation of 6.52. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Norwegian Air Shuttle, as well as the relationship between them. Please verify Norwegian Air Shuttle information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Norwegian Air Shuttle is priced some-what accurately, providing market reflects its recent price of 1.0 per share. Given that Norwegian Air Shuttle is a hitting penny stock territory we strongly suggest to closely look at its total risk alpha.
Norwegian Air Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Norwegian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorwegianNorwegian |
Norwegian Air 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.
Norwegian Air Shuttle Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Norwegian Air Shuttle volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Norwegian Air Shuttle Trend Analysis
Use this graph to draw trend lines for Norwegian Air Shuttle. You can use it to identify possible trend reversals for Norwegian Air 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 Norwegian Air price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Norwegian Air Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Norwegian Air Shuttle applied against its price change over selected period. The best fit line has a slop of 0.0016 , which may suggest that Norwegian Air Shuttle market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Norwegian Air price change compared to its average price change.About Norwegian Air 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 Norwegian Air Shuttle 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 Norwegian Air Shuttle based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Norwegian Air Shuttle price pattern first instead of the macroeconomic environment surrounding Norwegian Air Shuttle. By analyzing Norwegian Air'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 Norwegian Air'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 Norwegian Air specific price patterns or momentum indicators. Please read more on our technical analysis page.
Norwegian Air November 25, 2024 Technical Indicators
Most technical analysis of Norwegian 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 Norwegian from various momentum indicators to cycle indicators. When you analyze Norwegian 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 | 0.041 | |||
| Market Risk Adjusted Performance | 0.4941 | |||
| Mean Deviation | 5.31 | |||
| Semi Deviation | 5.48 | |||
| Downside Deviation | 6.52 | |||
| Coefficient Of Variation | 2392.29 | |||
| Standard Deviation | 7.57 | |||
| Variance | 57.29 | |||
| Information Ratio | 0.0245 | |||
| Jensen Alpha | 0.23 | |||
| Total Risk Alpha | (0.89) | |||
| Sortino Ratio | 0.0285 | |||
| Treynor Ratio | 0.4841 | |||
| Maximum Drawdown | 38.03 | |||
| Value At Risk | (10.26) | |||
| Potential Upside | 14.94 | |||
| Downside Variance | 42.51 | |||
| Semi Variance | 30.04 | |||
| Expected Short fall | (7.94) | |||
| Skewness | 1.02 | |||
| Kurtosis | 1.96 |
Complementary Tools for Norwegian Pink Sheet analysis
When running Norwegian Air's price analysis, check to measure Norwegian Air'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 Norwegian Air is operating at the current time. Most of Norwegian Air's value examination focuses on studying past and present price action to predict the probability of Norwegian Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norwegian Air's price. Additionally, you may evaluate how the addition of Norwegian Air to your portfolios can decrease your overall portfolio volatility.
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