Nextcom (Israel) Technical Analysis
NXTM Stock | ILS 784.00 13.00 1.69% |
As of the 20th of April, Nextcom secures the Mean Deviation of 1.53, downside deviation of 1.94, and Risk Adjusted Performance of 0.0654. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nextcom, 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 past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Nextcom, which can be compared to its peers in the industry. Please verify Nextcom semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Nextcom is priced some-what accurately, providing market reflects its recent price of 784.0 per share.
Nextcom Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nextcom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NextcomNextcom |
Nextcom technical stock 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, stock market cycles, or different charting patterns.
Nextcom Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Nextcom volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nextcom Trend Analysis
Use this graph to draw trend lines for Nextcom. You can use it to identify possible trend reversals for Nextcom 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 Nextcom price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nextcom Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nextcom applied against its price change over selected period. The best fit line has a slop of 1.06 , which means Nextcom will continue generating value for investors. It has 122 observation points and a regression sum of squares at 42646.48, which is the sum of squared deviations for the predicted Nextcom price change compared to its average price change.About Nextcom 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 Nextcom 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 Nextcom based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nextcom price pattern first instead of the macroeconomic environment surrounding Nextcom. By analyzing Nextcom'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 Nextcom'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 Nextcom specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nextcom April 20, 2024 Technical Indicators
Most technical analysis of Nextcom 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 Nextcom from various momentum indicators to cycle indicators. When you analyze Nextcom 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 | 0.0654 | |||
Market Risk Adjusted Performance | 1.14 | |||
Mean Deviation | 1.53 | |||
Semi Deviation | 1.8 | |||
Downside Deviation | 1.94 | |||
Coefficient Of Variation | 1045.98 | |||
Standard Deviation | 1.97 | |||
Variance | 3.88 | |||
Information Ratio | 0.0522 | |||
Jensen Alpha | 0.1664 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.053 | |||
Treynor Ratio | 1.13 | |||
Maximum Drawdown | 11.64 | |||
Value At Risk | (3.00) | |||
Potential Upside | 3.65 | |||
Downside Variance | 3.77 | |||
Semi Variance | 3.24 | |||
Expected Short fall | (1.72) | |||
Skewness | (0.46) | |||
Kurtosis | 1.55 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextcom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Nextcom Stock analysis
When running Nextcom's price analysis, check to measure Nextcom'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 Nextcom is operating at the current time. Most of Nextcom's value examination focuses on studying past and present price action to predict the probability of Nextcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextcom's price. Additionally, you may evaluate how the addition of Nextcom to your portfolios can decrease your overall portfolio volatility.
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