Nibe Industrier Ab Stock Technical Analysis
| NIABY Stock | USD 3.91 0.11 2.89% |
As of the 29th of December, NIBE Industrier owns the Coefficient Of Variation of (1,108), market risk adjusted performance of 10.59, and Mean Deviation of 1.79. Compared to fundamental indicators, the technical analysis model lets you check helpful technical drivers of NIBE Industrier AB, as well as the relationship between them.
NIBE Industrier Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NIBE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NIBENIBE |
NIBE Industrier technical pink sheet 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, pink sheet market cycles, or different charting patterns.
NIBE Industrier AB Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 NIBE Industrier AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NIBE Industrier AB Trend Analysis
Use this graph to draw trend lines for NIBE Industrier AB. You can use it to identify possible trend reversals for NIBE Industrier 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 NIBE Industrier price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NIBE Industrier Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NIBE Industrier AB applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that NIBE Industrier AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 17.07, which is the sum of squared deviations for the predicted NIBE Industrier price change compared to its average price change.About NIBE Industrier 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 NIBE Industrier AB 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 NIBE Industrier AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NIBE Industrier AB price pattern first instead of the macroeconomic environment surrounding NIBE Industrier AB. By analyzing NIBE Industrier'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 NIBE Industrier'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 NIBE Industrier specific price patterns or momentum indicators. Please read more on our technical analysis page.
NIBE Industrier December 29, 2024 Technical Indicators
Most technical analysis of NIBE 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 NIBE from various momentum indicators to cycle indicators. When you analyze NIBE 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.
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| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | 10.59 | |||
| Mean Deviation | 1.79 | |||
| Coefficient Of Variation | (1,108) | |||
| Standard Deviation | 3.56 | |||
| Variance | 12.65 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 10.58 | |||
| Maximum Drawdown | 25.9 | |||
| Value At Risk | (5.11) | |||
| Potential Upside | 3.66 | |||
| Skewness | (1.97) | |||
| Kurtosis | 9.97 |
Additional Tools for NIBE Pink Sheet Analysis
When running NIBE Industrier's price analysis, check to measure NIBE Industrier'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 NIBE Industrier is operating at the current time. Most of NIBE Industrier's value examination focuses on studying past and present price action to predict the probability of NIBE Industrier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIBE Industrier's price. Additionally, you may evaluate how the addition of NIBE Industrier to your portfolios can decrease your overall portfolio volatility.