Nano Dimension (Germany) Technical Analysis
| 2N5B Stock | EUR 2.32 0.04 1.69% |
As of the 21st of December, Nano Dimension secures the Downside Deviation of 2.94, mean deviation of 2.67, and Risk Adjusted Performance of 0.0736. Nano Dimension technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Nano Dimension downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Nano Dimension is priced some-what accurately, providing market reflects its recent price of 2.32 per share.
Nano Dimension Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nano, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NanoNano |
Nano Dimension 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.
Nano Dimension Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Nano Dimension volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nano Dimension Trend Analysis
Use this graph to draw trend lines for Nano Dimension. You can use it to identify possible trend reversals for Nano Dimension 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 Nano Dimension price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nano Dimension Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nano Dimension applied against its price change over selected period. The best fit line has a slop of 0 , which means Nano Dimension will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Nano Dimension price change compared to its average price change.About Nano Dimension 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 Nano Dimension 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 Nano Dimension based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nano Dimension price pattern first instead of the macroeconomic environment surrounding Nano Dimension. By analyzing Nano Dimension'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 Nano Dimension'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 Nano Dimension specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nano Dimension December 21, 2024 Technical Indicators
Most technical analysis of Nano 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 Nano from various momentum indicators to cycle indicators. When you analyze Nano 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 | 0.0736 | |||
| Market Risk Adjusted Performance | 0.502 | |||
| Mean Deviation | 2.67 | |||
| Semi Deviation | 2.5 | |||
| Downside Deviation | 2.94 | |||
| Coefficient Of Variation | 1206.93 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.67 | |||
| Information Ratio | 0.0745 | |||
| Jensen Alpha | 0.2935 | |||
| Total Risk Alpha | 0.2001 | |||
| Sortino Ratio | 0.097 | |||
| Treynor Ratio | 0.492 | |||
| Maximum Drawdown | 19.3 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 5.0 | |||
| Downside Variance | 8.64 | |||
| Semi Variance | 6.27 | |||
| Expected Short fall | (3.58) | |||
| Skewness | 1.7 | |||
| Kurtosis | 4.45 |
Complementary Tools for Nano Stock analysis
When running Nano Dimension's price analysis, check to measure Nano Dimension'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 Nano Dimension is operating at the current time. Most of Nano Dimension's value examination focuses on studying past and present price action to predict the probability of Nano Dimension's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano Dimension's price. Additionally, you may evaluate how the addition of Nano Dimension to your portfolios can decrease your overall portfolio volatility.
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