NRC Group (Norway) Technical Analysis
| NRC Stock | NOK 4.97 0.11 2.17% |
As of the 19th of December, NRC Group owns the Market Risk Adjusted Performance of 1.05, semi deviation of 4.26, and Mean Deviation of 3.64. In relation to fundamental indicators, the technical analysis model lets you check practical technical drivers of NRC Group ASA, as well as the relationship between them. Please verify NRC Group ASA coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if NRC Group ASA is priced correctly, providing market reflects its prevailing price of 4.97 per share.
NRC Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NRC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NRCNRC |
NRC Group 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.
NRC Group ASA Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 NRC Group ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NRC Group ASA Trend Analysis
Use this graph to draw trend lines for NRC Group ASA. You can use it to identify possible trend reversals for NRC Group 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 NRC Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NRC Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NRC Group ASA applied against its price change over selected period. The best fit line has a slop of 0.03 , which means NRC Group ASA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 37.48, which is the sum of squared deviations for the predicted NRC Group price change compared to its average price change.About NRC Group 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 NRC Group ASA 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 NRC Group ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NRC Group ASA price pattern first instead of the macroeconomic environment surrounding NRC Group ASA. By analyzing NRC Group'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 NRC Group'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 NRC Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
NRC Group December 19, 2024 Technical Indicators
Most technical analysis of NRC 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 NRC from various momentum indicators to cycle indicators. When you analyze NRC 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 | 0.0978 | |||
| Market Risk Adjusted Performance | 1.05 | |||
| Mean Deviation | 3.64 | |||
| Semi Deviation | 4.26 | |||
| Downside Deviation | 4.82 | |||
| Coefficient Of Variation | 888.1 | |||
| Standard Deviation | 4.97 | |||
| Variance | 24.67 | |||
| Information Ratio | 0.1059 | |||
| Jensen Alpha | 0.5369 | |||
| Total Risk Alpha | 0.4028 | |||
| Sortino Ratio | 0.1092 | |||
| Treynor Ratio | 1.04 | |||
| Maximum Drawdown | 33.44 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 6.87 | |||
| Downside Variance | 23.19 | |||
| Semi Variance | 18.14 | |||
| Expected Short fall | (3.89) | |||
| Skewness | 0.8101 | |||
| Kurtosis | 3.61 |
NRC Group December 19, 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 NRC 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 | 4,121 | ||
| Daily Balance Of Power | (0.92) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 4.98 | ||
| Day Typical Price | 4.98 | ||
| Price Action Indicator | (0.07) |
Other Information on Investing in NRC Stock
NRC Group financial ratios help investors to determine whether NRC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NRC with respect to the benefits of owning NRC Group security.