N Able Inc Stock Pattern Recognition Engulfing Pattern

NABL Stock  USD 9.60  0.05  0.52%   
N Able pattern recognition tool provides the execution environment for running the Engulfing Pattern recognition and other technical functions against N Able. N Able 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 Engulfing Pattern recognition function is designed to identify and follow existing trends. N Able momentum indicators are usually used to generate trading rules based on assumptions that N Able trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was two with a total number of output elements of fifty-nine. The function generated a total of two valid pattern recognition events for the selected time horizon. The Engulfing Pattern describes N Able bullish reversal pattern.

N Able Technical Analysis Modules

Most technical analysis of N Able 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 NABL from various momentum indicators to cycle indicators. When you analyze NABL 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 N Able 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 N Able Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of N Able Inc based on widely used predictive technical indicators. In general, we focus on analyzing NABL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build N Able'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 N Able's intrinsic value. In addition to deriving basic predictive indicators for N Able, we also check how macroeconomic factors affect N Able price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.09780.088
Price To Sales Ratio5.735.44
Hype
Prediction
LowEstimatedHigh
7.849.4511.06
Details
Intrinsic
Valuation
LowRealHigh
8.6412.1513.76
Details
6 Analysts
Consensus
LowTargetHigh
14.2215.6317.35
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.110.110.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as N Able. Your research has to be compared to or analyzed against N Able's peers to derive any actionable benefits. When done correctly, N Able's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in N Able Inc.

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.

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N Able Inc 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 N Able 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 N Able will appreciate offsetting losses from the drop in the long position's value.

N Able Pair Trading

N Able Inc Pair Trading Analysis

The ability to find closely correlated positions to N Able could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace N Able 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 N Able - 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 N Able Inc to buy it.
The correlation of N Able 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 N Able moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if N Able Inc 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 N Able 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 N Able Inc is a strong investment it is important to analyze N Able'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 N Able's future performance. For an informed investment choice regarding NABL Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N Able Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Systems Software 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 N Able. If investors know NABL 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 N Able 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
0.933
Earnings Share
0.2
Revenue Per Share
2.484
Quarterly Revenue Growth
0.083
Return On Assets
0.0483
The market value of N Able Inc is measured differently than its book value, which is the value of NABL that is recorded on the company's balance sheet. Investors also form their own opinion of N Able's value that differs from its market value or its book value, called intrinsic value, which is N Able'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 N Able's market value can be influenced by many factors that don't directly affect N Able'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 N Able's value and its price as these two are different measures arrived at by different means. Investors typically determine if N Able is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, N Able'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.