Novartis Ag Adr Stock Technical Analysis
| NVS Stock | USD 104.87 1.06 1.02% |
As of the 28th of November, Novartis secures the Standard Deviation of 0.9672, mean deviation of 0.6827, and Risk Adjusted Performance of (0.16). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Novartis AG ADR, as well as the relationship between them. Please verify Novartis AG ADR market risk adjusted performance and treynor ratio to decide if Novartis AG ADR is priced some-what accurately, providing market reflects its recent price of 104.87 per share. Given that Novartis AG ADR has information ratio of (0.35), we recommend you to check Novartis's last-minute market performance to make sure the company can sustain itself at a future point.
Novartis Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Novartis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NovartisNovartis |
Novartis Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 112.75 | Buy | 12 | Odds |
Most Novartis 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 Novartis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Novartis AG ADR, talking to its executives and customers, or listening to Novartis conference calls.
Novartis 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.
Novartis AG ADR 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 Novartis AG ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Novartis AG ADR Trend Analysis
Use this graph to draw trend lines for Novartis AG ADR. You can use it to identify possible trend reversals for Novartis 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 Novartis price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Novartis Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Novartis AG ADR applied against its price change over selected period. The best fit line has a slop of 0.25 , which may imply that the returns on investment in Novartis AG ADR will continue to fail. It has 122 observation points and a regression sum of squares at 2417.28, which is the sum of squared deviations for the predicted Novartis price change compared to its average price change.About Novartis 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 Novartis AG ADR 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 Novartis AG ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Novartis AG ADR price pattern first instead of the macroeconomic environment surrounding Novartis AG ADR. By analyzing Novartis'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 Novartis'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 Novartis specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0373 | 0.0381 | 0.0344 | 0.0241 | Price To Sales Ratio | 3.73 | 3.8 | 4.52 | 3.86 |
Novartis November 28, 2024 Technical Indicators
Most technical analysis of Novartis 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 Novartis from various momentum indicators to cycle indicators. When you analyze Novartis 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 | (0.16) | |||
| Market Risk Adjusted Performance | (1.16) | |||
| Mean Deviation | 0.6827 | |||
| Coefficient Of Variation | (474.23) | |||
| Standard Deviation | 0.9672 | |||
| Variance | 0.9354 | |||
| Information Ratio | (0.35) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (1.17) | |||
| Maximum Drawdown | 6.05 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 1.12 | |||
| Skewness | (1.46) | |||
| Kurtosis | 4.85 |
Novartis November 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Novartis stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 11,751 | ||
| Daily Balance Of Power | 0.71 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 104.56 | ||
| Day Typical Price | 104.66 | ||
| Price Action Indicator | 0.85 |
Additional Tools for Novartis Stock Analysis
When running Novartis' price analysis, check to measure Novartis' 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 Novartis is operating at the current time. Most of Novartis' value examination focuses on studying past and present price action to predict the probability of Novartis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novartis' price. Additionally, you may evaluate how the addition of Novartis to your portfolios can decrease your overall portfolio volatility.