Nexa Resources (Peru) Technical Analysis
| NEXAPEC1 | 1.55 0.05 3.13% |
As of the 24th of January, Nexa Resources secures the Mean Deviation of 0.6199, standard deviation of 1.22, and Risk Adjusted Performance of (0.04). Our technical analysis interface lets you check existing technical drivers of Nexa Resources Peru, as well as the relationship between them.
Nexa Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nexa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NexaNexa |
Nexa Resources 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.
Nexa Resources Peru Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Nexa Resources Peru volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nexa Resources Peru Trend Analysis
Use this graph to draw trend lines for Nexa Resources Peru. You can use it to identify possible trend reversals for Nexa Resources 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 Nexa Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nexa Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nexa Resources Peru applied against its price change over selected period. The best fit line has a slop of 0.0017 , which may suggest that Nexa Resources Peru market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.11, which is the sum of squared deviations for the predicted Nexa Resources price change compared to its average price change.About Nexa Resources 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 Nexa Resources Peru 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 Nexa Resources Peru based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nexa Resources Peru price pattern first instead of the macroeconomic environment surrounding Nexa Resources Peru. By analyzing Nexa Resources'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 Nexa Resources'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 Nexa Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nexa Resources January 24, 2025 Technical Indicators
Most technical analysis of Nexa 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 Nexa from various momentum indicators to cycle indicators. When you analyze Nexa 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 | (1.40) | |||
| Mean Deviation | 0.6199 | |||
| Coefficient Of Variation | (2,039) | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.48 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (1.41) | |||
| Maximum Drawdown | 8.33 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 1.85 | |||
| Skewness | (0.34) | |||
| Kurtosis | 4.24 |
Complementary Tools for Nexa Stock analysis
When running Nexa Resources' price analysis, check to measure Nexa Resources' 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 Nexa Resources is operating at the current time. Most of Nexa Resources' value examination focuses on studying past and present price action to predict the probability of Nexa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexa Resources' price. Additionally, you may evaluate how the addition of Nexa Resources to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |