Nv5 Global Stock Pattern Recognition Dragonfly Doji

NVEE Stock  USD 21.59  0.58  2.62%   
NV5 Global pattern recognition tool provides the execution environment for running the Dragonfly Doji recognition and other technical functions against NV5 Global. NV5 Global value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Dragonfly Doji recognition function is designed to identify and follow existing trends. NV5 Global momentum indicators are usually used to generate trading rules based on assumptions that NV5 Global trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of one valid pattern recognition events for the selected time horizon. The Dragonfly Doji describes NV5 Global bearish reversal pattern.

NV5 Global Technical Analysis Modules

Most technical analysis of NV5 Global 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 NV5 from various momentum indicators to cycle indicators. When you analyze NV5 charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About NV5 Global Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NV5 Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of NV5 Global based on widely used predictive technical indicators. In general, we focus on analyzing NV5 Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NV5 Global's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of NV5 Global's intrinsic value. In addition to deriving basic predictive indicators for NV5 Global, we also check how macroeconomic factors affect NV5 Global price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2016 2022 2023 2024 (projected)
Days Sales Outstanding123.09110.6499.5894.3
PTB Ratio2.062.813.233.05
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NV5 Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.6721.6323.59
Details
Intrinsic
Valuation
LowRealHigh
19.4349.2151.17
Details
Naive
Forecast
LowNextHigh
18.9620.9222.88
Details
8 Analysts
Consensus
LowTargetHigh
119.33131.13145.55
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Portfolio Holdings Now

   

Portfolio Holdings

Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
All  Next Launch Module

NV5 Global pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NV5 Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NV5 Global will appreciate offsetting losses from the drop in the long position's value.

NV5 Global Pair Trading

NV5 Global Pair Trading Analysis

The ability to find closely correlated positions to NV5 Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NV5 Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NV5 Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NV5 Global to buy it.
The correlation of NV5 Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NV5 Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NV5 Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NV5 Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether NV5 Global is a strong investment it is important to analyze NV5 Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NV5 Global's future performance. For an informed investment choice regarding NV5 Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NV5 Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade NV5 Stock refer to our How to Trade NV5 Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NV5 Global. If investors know NV5 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NV5 Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.286
Earnings Share
0.54
Revenue Per Share
14.898
Quarterly Revenue Growth
0.056
Return On Assets
0.0278
The market value of NV5 Global is measured differently than its book value, which is the value of NV5 that is recorded on the company's balance sheet. Investors also form their own opinion of NV5 Global's value that differs from its market value or its book value, called intrinsic value, which is NV5 Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NV5 Global's market value can be influenced by many factors that don't directly affect NV5 Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NV5 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if NV5 Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NV5 Global's 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.