NEXANS Stock Forecast - Accumulation Distribution
| NXS Stock | EUR 97.95 0.55 0.56% |
NEXANS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NEXANS stock prices and determine the direction of NEXANS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NEXANS's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of NEXANS to cross-verify your projections. NEXANS |
Most investors in NEXANS cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the NEXANS's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets NEXANS's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which NEXANS is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of NEXANS to determine if accumulation or reduction is taking place in the market. This value is adjusted by NEXANS trading volume to give more weight to distributions with higher volume over lower volume.| Check NEXANS Volatility | Backtest NEXANS | Information Ratio |
NEXANS Trading Date Momentum
| On April 28 2024 NEXANS was traded for 97.95 at the closing time. The maximum traded price for the trading interval was 97.95 and the lowest daily price was 97.95 . There was no trading activity during the period 0.0. Lack of trading volume on 28th of April 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare NEXANS to competition |
Other Forecasting Options for NEXANS
For every potential investor in NEXANS, whether a beginner or expert, NEXANS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NEXANS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NEXANS. Basic forecasting techniques help filter out the noise by identifying NEXANS's price trends.NEXANS Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NEXANS stock to make a market-neutral strategy. Peer analysis of NEXANS could also be used in its relative valuation, which is a method of valuing NEXANS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NEXANS Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NEXANS's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NEXANS's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NEXANS Market Strength Events
Market strength indicators help investors to evaluate how NEXANS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEXANS shares will generate the highest return on investment. By undertsting and applying NEXANS stock market strength indicators, traders can identify NEXANS entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 97.95 | |||
| Day Typical Price | 97.95 | |||
| Price Action Indicator | (0.27) | |||
| Period Momentum Indicator | (0.55) |
NEXANS Risk Indicators
The analysis of NEXANS's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NEXANS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nexans stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.27 | |||
| Semi Deviation | 1.18 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.47 | |||
| Downside Variance | 2.8 | |||
| Semi Variance | 1.38 | |||
| Expected Short fall | (1.69) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of NEXANS to cross-verify your projections. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for NEXANS Stock analysis
When running NEXANS's price analysis, check to measure NEXANS'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 NEXANS is operating at the current time. Most of NEXANS's value examination focuses on studying past and present price action to predict the probability of NEXANS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXANS's price. Additionally, you may evaluate how the addition of NEXANS to your portfolios can decrease your overall portfolio volatility.
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