Nexstar Media (Germany) Technical Analysis
| NXZ Stock | EUR 149.75 2.30 1.51% |
As of the 22nd of December, Nexstar Media secures the Mean Deviation of 1.24, downside deviation of 1.67, and Risk Adjusted Performance of 0.0244. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nexstar Media Group, as well as the relationship between them. Please verify Nexstar Media Group mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if Nexstar Media Group is priced some-what accurately, providing market reflects its recent price of 149.75 per share.
Nexstar Media Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nexstar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NexstarNexstar |
Nexstar Media 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.
Nexstar Media Group 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 Nexstar Media Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nexstar Media Group Trend Analysis
Use this graph to draw trend lines for Nexstar Media Group. You can use it to identify possible trend reversals for Nexstar Media 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 Nexstar Media price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nexstar Media Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nexstar Media Group applied against its price change over selected period. The best fit line has a slop of 0.15 , which means Nexstar Media Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 855.71, which is the sum of squared deviations for the predicted Nexstar Media price change compared to its average price change.About Nexstar Media 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 Nexstar Media Group 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 Nexstar Media Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nexstar Media Group price pattern first instead of the macroeconomic environment surrounding Nexstar Media Group. By analyzing Nexstar Media'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 Nexstar Media'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 Nexstar Media specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nexstar Media December 22, 2024 Technical Indicators
Most technical analysis of Nexstar 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 Nexstar from various momentum indicators to cycle indicators. When you analyze Nexstar 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 | 0.0244 | |||
| Market Risk Adjusted Performance | 0.0464 | |||
| Mean Deviation | 1.24 | |||
| Semi Deviation | 1.57 | |||
| Downside Deviation | 1.67 | |||
| Coefficient Of Variation | 4169.76 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.96 | |||
| Information Ratio | 0.0053 | |||
| Jensen Alpha | 0.0122 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0054 | |||
| Treynor Ratio | 0.0364 | |||
| Maximum Drawdown | 10.89 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 2.46 | |||
| Downside Variance | 2.8 | |||
| Semi Variance | 2.46 | |||
| Expected Short fall | (1.45) | |||
| Skewness | (0.24) | |||
| Kurtosis | 2.82 |
Complementary Tools for Nexstar Stock analysis
When running Nexstar Media's price analysis, check to measure Nexstar Media'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 Nexstar Media is operating at the current time. Most of Nexstar Media's value examination focuses on studying past and present price action to predict the probability of Nexstar Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Media's price. Additionally, you may evaluate how the addition of Nexstar Media to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |