Nava Nakorn (Thailand) Technical Analysis
| NNCL Stock | THB 1.93 0.00 0.00% |
As of the 19th of April, Nava Nakorn secures the Risk Adjusted Performance of (0.04), standard deviation of 0.9112, and Mean Deviation of 0.5515. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nava Nakorn Public, 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 thirteen technical drivers for Nava Nakorn, which can be compared to its peers in the industry. Please verify Nava Nakorn Public mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Nava Nakorn Public is priced some-what accurately, providing market reflects its recent price of 1.93 per share.
Nava Nakorn Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nava, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NavaNava |
Nava Nakorn 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.
Nava Nakorn Public Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Nava Nakorn Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nava Nakorn Public Trend Analysis
Use this graph to draw trend lines for Nava Nakorn Public. You can use it to identify possible trend reversals for Nava Nakorn 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 Nava Nakorn price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nava Nakorn Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nava Nakorn Public applied against its price change over selected period. The best fit line has a slop of 0.0005 , which may suggest that Nava Nakorn Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Nava Nakorn price change compared to its average price change.About Nava Nakorn 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 Nava Nakorn Public 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 Nava Nakorn Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nava Nakorn Public price pattern first instead of the macroeconomic environment surrounding Nava Nakorn Public. By analyzing Nava Nakorn'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 Nava Nakorn'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 Nava Nakorn specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nava Nakorn April 19, 2024 Technical Indicators
Most technical analysis of Nava 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 Nava from various momentum indicators to cycle indicators. When you analyze Nava 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 | (0.04) | |||
| Market Risk Adjusted Performance | 0.3541 | |||
| Mean Deviation | 0.5515 | |||
| Coefficient Of Variation | (1,402) | |||
| Standard Deviation | 0.9112 | |||
| Variance | 0.8303 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.3441 | |||
| Maximum Drawdown | 6.0 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.56 | |||
| Skewness | 1.4 | |||
| Kurtosis | 4.92 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nava Nakorn Public. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Nava Stock analysis
When running Nava Nakorn's price analysis, check to measure Nava Nakorn'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 Nava Nakorn is operating at the current time. Most of Nava Nakorn's value examination focuses on studying past and present price action to predict the probability of Nava Nakorn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nava Nakorn's price. Additionally, you may evaluate how the addition of Nava Nakorn to your portfolios can decrease your overall portfolio volatility.
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