Nikon Stock Technical Analysis
NINOFDelisted Stock | USD 10.41 0.21 2.06% |
As of the 30th of November, Nikon secures the Mean Deviation of 4.21, downside deviation of 6.26, and Risk Adjusted Performance of 0.0908. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nikon, as well as the relationship between them. Please verify Nikon jensen alpha, as well as the relationship between the potential upside and skewness to decide if Nikon is priced some-what accurately, providing market reflects its recent price of 10.41 per share. Given that Nikon has jensen alpha of 0.5683, we recommend you to check Nikon's last-minute market performance to make sure the company can sustain itself at a future point.
Nikon Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nikon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NikonNikon |
Nikon technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Nikon Technical Analysis
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Nikon Trend Analysis
Use this graph to draw trend lines for Nikon. You can use it to identify possible trend reversals for Nikon 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 Nikon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nikon Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nikon applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Nikon will continue generating value for investors. It has 92 observation points and a regression sum of squares at 2.2, which is the sum of squared deviations for the predicted Nikon price change compared to its average price change.About Nikon 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 Nikon 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 Nikon based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nikon price pattern first instead of the macroeconomic environment surrounding Nikon. By analyzing Nikon'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 Nikon'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 Nikon specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nikon November 30, 2024 Technical Indicators
Most technical analysis of Nikon 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 Nikon from various momentum indicators to cycle indicators. When you analyze Nikon 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 | 0.0908 | |||
Market Risk Adjusted Performance | 0.7969 | |||
Mean Deviation | 4.21 | |||
Semi Deviation | 4.43 | |||
Downside Deviation | 6.26 | |||
Coefficient Of Variation | 932.75 | |||
Standard Deviation | 6.42 | |||
Variance | 41.21 | |||
Information Ratio | 0.0858 | |||
Jensen Alpha | 0.5683 | |||
Total Risk Alpha | (0.39) | |||
Sortino Ratio | 0.0879 | |||
Treynor Ratio | 0.7869 | |||
Maximum Drawdown | 30.99 | |||
Value At Risk | (9.67) | |||
Potential Upside | 10.29 | |||
Downside Variance | 39.23 | |||
Semi Variance | 19.6 | |||
Expected Short fall | (5.59) | |||
Skewness | 0.9167 | |||
Kurtosis | 2.6 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Nikon Pink Sheet
If you are still planning to invest in Nikon check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nikon's history and understand the potential risks before investing.
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