Nova Europe (Germany) Technical Analysis
| 0P00011MNK | EUR 212.25 3.07 1.47% |
As of the 21st of December, Nova Europe secures the Risk Adjusted Performance of (0.07), mean deviation of 0.4425, and Standard Deviation of 0.6059. Nova Europe ISR technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices.
Nova Europe Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nova, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NovaNova |
Nova Europe technical fund 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, fund market cycles, or different charting patterns.
Nova Europe ISR Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Nova Europe ISR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nova Europe ISR Trend Analysis
Use this graph to draw trend lines for Nova Europe ISR. You can use it to identify possible trend reversals for Nova Europe 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 Nova Europe price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nova Europe Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nova Europe ISR applied against its price change over selected period. The best fit line has a slop of 0.24 , which may suggest that Nova Europe ISR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2135.71, which is the sum of squared deviations for the predicted Nova Europe price change compared to its average price change.About Nova Europe 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 Nova Europe ISR 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 Nova Europe ISR based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Nova Europe ISR price pattern first instead of the macroeconomic environment surrounding Nova Europe ISR. By analyzing Nova Europe'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 Nova Europe'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 Nova Europe specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nova Europe December 21, 2024 Technical Indicators
Most technical analysis of Nova 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 Nova from various momentum indicators to cycle indicators. When you analyze Nova 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 | (0.07) | |||
| Market Risk Adjusted Performance | (2.66) | |||
| Mean Deviation | 0.4425 | |||
| Coefficient Of Variation | (1,212) | |||
| Standard Deviation | 0.6059 | |||
| Variance | 0.3671 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (2.67) | |||
| Maximum Drawdown | 3.07 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.02 | |||
| Skewness | 1.18 | |||
| Kurtosis | 2.25 |
Other Information on Investing in Nova Fund
Nova Europe financial ratios help investors to determine whether Nova Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nova with respect to the benefits of owning Nova Europe security.
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