Philippos Nakas (Greece) Technical Analysis

NAKAS Stock  EUR 2.72  0.08  2.86%   
As of the 28th of March, Philippos Nakas holds the Coefficient Of Variation of (1,314), risk adjusted performance of (0.03), and Variance of 10.67. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Philippos Nakas, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We are able to interpolate and collect thirteen technical drivers for Philippos Nakas SA, which can be compared to its competitors. Please check Philippos Nakas SA standard deviation and value at risk to decide if Philippos Nakas SA is priced some-what accurately, providing market reflects its current price of 2.72 per share.

Philippos Nakas Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Philippos, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Philippos
  
Philippos Nakas' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Philippos Nakas 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.
A focus of Philippos Nakas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Philippos Nakas trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Philippos Nakas SA Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Philippos Nakas SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Philippos Nakas SA Trend Analysis

Use this graph to draw trend lines for Philippos Nakas SA. You can use it to identify possible trend reversals for Philippos Nakas 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 Philippos Nakas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Philippos Nakas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Philippos Nakas SA applied against its price change over selected period. The best fit line has a slop of   0.0039  , which may suggest that Philippos Nakas SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.59, which is the sum of squared deviations for the predicted Philippos Nakas price change compared to its average price change.

About Philippos Nakas 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 Philippos Nakas SA 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 Philippos Nakas SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Philippos Nakas SA price pattern first instead of the macroeconomic environment surrounding Philippos Nakas SA. By analyzing Philippos Nakas'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 Philippos Nakas'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 Philippos Nakas specific price patterns or momentum indicators. Please read more on our technical analysis page.

Philippos Nakas March 28, 2024 Technical Indicators

Most technical analysis of Philippos 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 Philippos from various momentum indicators to cycle indicators. When you analyze Philippos 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Philippos Nakas SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Philippos Stock analysis

When running Philippos Nakas' price analysis, check to measure Philippos Nakas' 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 Philippos Nakas is operating at the current time. Most of Philippos Nakas' value examination focuses on studying past and present price action to predict the probability of Philippos Nakas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Philippos Nakas' price. Additionally, you may evaluate how the addition of Philippos Nakas to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Philippos Nakas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Philippos Nakas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Philippos Nakas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.