Nh Foods Ltd Stock Technical Analysis
| NIPMY Stock | USD 16.25 1.15 7.62% |
As of the 23rd of April, NH Foods owns the Market Risk Adjusted Performance of (1.91), information ratio of 0.0279, and Mean Deviation of 0.2273. In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of NH Foods, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We have collected data for eleven technical drivers for NH Foods, which can be compared to its peers in the sector. Please verify NH Foods market risk adjusted performance and treynor ratio to decide if NH Foods Ltd is priced some-what accurately, providing market reflects its prevailing price of 16.25 per share. Given that NH Foods has variance of 0.8788, we recommend you to check NH Foods's latest market performance to make sure the company can sustain itself sooner or later.
NH Foods Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NIPMY, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NIPMYNIPMY |
NH Foods 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.
NH Foods Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 NH Foods volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NH Foods Trend Analysis
Use this graph to draw trend lines for NH Foods Ltd. You can use it to identify possible trend reversals for NH Foods 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 NH Foods price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NH Foods Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NH Foods Ltd applied against its price change over selected period. The best fit line has a slop of 0.01 , which means NH Foods Ltd will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.82, which is the sum of squared deviations for the predicted NH Foods price change compared to its average price change.About NH Foods 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 NH Foods Ltd 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 NH Foods Ltd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NH Foods price pattern first instead of the macroeconomic environment surrounding NH Foods. By analyzing NH Foods'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 NH Foods'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 NH Foods specific price patterns or momentum indicators. Please read more on our technical analysis page.
NH Foods April 23, 2024 Technical Indicators
Most technical analysis of NIPMY 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 NIPMY from various momentum indicators to cycle indicators. When you analyze NIPMY 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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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0792 | |||
| Market Risk Adjusted Performance | (1.91) | |||
| Mean Deviation | 0.2273 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 0.9375 | |||
| Variance | 0.8788 | |||
| Information Ratio | 0.0279 | |||
| Jensen Alpha | 0.1097 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (1.92) | |||
| Maximum Drawdown | 7.62 | |||
| Skewness | 8.12 | |||
| Kurtosis | 66.0 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NH Foods Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for NIPMY Pink Sheet analysis
When running NH Foods' price analysis, check to measure NH Foods' 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 NH Foods is operating at the current time. Most of NH Foods' value examination focuses on studying past and present price action to predict the probability of NH Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NH Foods' price. Additionally, you may evaluate how the addition of NH Foods to your portfolios can decrease your overall portfolio volatility.
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