Navios Maritime Partners Stock Technical Analysis
| NMM Stock | USD 48.44 0.53 1.11% |
As of the 2nd of December, Navios Maritime secures the Risk Adjusted Performance of (0.02), standard deviation of 2.44, and Mean Deviation of 1.72. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Navios Maritime Partners, as well as the relationship between them. Please verify Navios Maritime Partners market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Navios Maritime Partners is priced some-what accurately, providing market reflects its recent price of 48.44 per share. Given that Navios Maritime Partners has information ratio of (0.09), we recommend you to check Navios Maritime's last-minute market performance to make sure the company can sustain itself at a future point.
Navios Maritime Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Navios, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NaviosNavios |
Navios Maritime Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 37.5 | Strong Buy | 2 | Odds |
Most Navios analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Navios stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Navios Maritime Partners, talking to its executives and customers, or listening to Navios conference calls.
Navios Maritime 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.
Navios Maritime Partners Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Navios Maritime Partners volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Navios Maritime Partners Trend Analysis
Use this graph to draw trend lines for Navios Maritime Partners. You can use it to identify possible trend reversals for Navios Maritime 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 Navios Maritime price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Navios Maritime Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Navios Maritime Partners applied against its price change over selected period. The best fit line has a slop of 0.15 , which may imply that the returns on investment in Navios Maritime Partners will continue to fail. It has 122 observation points and a regression sum of squares at 857.38, which is the sum of squared deviations for the predicted Navios Maritime price change compared to its average price change.About Navios Maritime 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 Navios Maritime Partners 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 Navios Maritime Partners based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Navios Maritime Partners price pattern first instead of the macroeconomic environment surrounding Navios Maritime Partners. By analyzing Navios Maritime'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 Navios Maritime'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 Navios Maritime specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 (projected) | Dividend Yield | 0.007968 | 0.007714 | Price To Sales Ratio | 0.8 | 0.65 |
Navios Maritime December 2, 2024 Technical Indicators
Most technical analysis of Navios 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 Navios from various momentum indicators to cycle indicators. When you analyze Navios 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 1.72 | |||
| Coefficient Of Variation | (3,333) | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.98 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 12.91 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 4.85 | |||
| Skewness | 0.8532 | |||
| Kurtosis | 1.66 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navios Maritime Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Cargo Ground Transportation 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 Navios Maritime. If investors know Navios 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 Navios Maritime 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 0.092 | Dividend Share 0.2 | Earnings Share 13.17 | Revenue Per Share 43.275 | Quarterly Revenue Growth 0.055 |
The market value of Navios Maritime Partners is measured differently than its book value, which is the value of Navios that is recorded on the company's balance sheet. Investors also form their own opinion of Navios Maritime's value that differs from its market value or its book value, called intrinsic value, which is Navios Maritime'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 Navios Maritime's market value can be influenced by many factors that don't directly affect Navios Maritime'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 Navios Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navios Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navios Maritime'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.