Nexoptic Technology Corp Stock Technical Analysis
| NXO Stock | CAD 0.04 0.01 14.29% |
As of the 1st of December, Nexoptic Technology secures the Risk Adjusted Performance of 0.1103, downside deviation of 13.52, and Mean Deviation of 6.0. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nexoptic Technology Corp, as well as the relationship between them. Please verify Nexoptic Technology Corp downside deviation and the relationship between the information ratio and expected short fall to decide if Nexoptic Technology Corp is priced some-what accurately, providing market reflects its recent price of 0.04 per share.
Nexoptic Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nexoptic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NexopticNexoptic |
Nexoptic Technology 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.
Nexoptic Technology Corp 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 Nexoptic Technology Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nexoptic Technology Corp Trend Analysis
Use this graph to draw trend lines for Nexoptic Technology Corp. You can use it to identify possible trend reversals for Nexoptic Technology 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 Nexoptic Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nexoptic Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nexoptic Technology Corp applied against its price change over selected period. The best fit line has a slop of 0.0004 , which means Nexoptic Technology Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Nexoptic Technology price change compared to its average price change.About Nexoptic Technology 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 Nexoptic Technology Corp 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 Nexoptic Technology Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nexoptic Technology Corp price pattern first instead of the macroeconomic environment surrounding Nexoptic Technology Corp. By analyzing Nexoptic Technology'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 Nexoptic Technology'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 Nexoptic Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nexoptic Technology December 1, 2024 Technical Indicators
Most technical analysis of Nexoptic 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 Nexoptic from various momentum indicators to cycle indicators. When you analyze Nexoptic 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 | 0.1103 | |||
| Market Risk Adjusted Performance | (7.02) | |||
| Mean Deviation | 6.0 | |||
| Semi Deviation | 4.56 | |||
| Downside Deviation | 13.52 | |||
| Coefficient Of Variation | 757.96 | |||
| Standard Deviation | 12.69 | |||
| Variance | 161.08 | |||
| Information Ratio | 0.1211 | |||
| Jensen Alpha | 1.69 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.1137 | |||
| Treynor Ratio | (7.03) | |||
| Maximum Drawdown | 89.29 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 14.29 | |||
| Downside Variance | 182.87 | |||
| Semi Variance | 20.75 | |||
| Expected Short fall | (26.41) | |||
| Skewness | 3.85 | |||
| Kurtosis | 19.53 |
Additional Tools for Nexoptic Stock Analysis
When running Nexoptic Technology's price analysis, check to measure Nexoptic Technology'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 Nexoptic Technology is operating at the current time. Most of Nexoptic Technology's value examination focuses on studying past and present price action to predict the probability of Nexoptic Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexoptic Technology's price. Additionally, you may evaluate how the addition of Nexoptic Technology to your portfolios can decrease your overall portfolio volatility.