Nuvve Holding Corp Stock Technical Analysis
| NVVE Stock | USD 3.65 0.03 0.83% |
As of the 2nd of December, Nuvve Holding secures the Risk Adjusted Performance of 0.0129, mean deviation of 5.4, and Downside Deviation of 5.95. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nuvve Holding Corp, as well as the relationship between them. Please verify Nuvve Holding Corp jensen alpha and downside variance to decide if Nuvve Holding Corp is priced some-what accurately, providing market reflects its recent price of 3.65 per share. Given that Nuvve Holding Corp has jensen alpha of 0.0401, we recommend you to check Nuvve Holding's last-minute market performance to make sure the company can sustain itself at a future point.
Nuvve Holding Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nuvve, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NuvveNuvve |
Nuvve Holding Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 2.5 | Strong Buy | 1 | Odds |
Most Nuvve analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nuvve stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nuvve Holding Corp, talking to its executives and customers, or listening to Nuvve conference calls.
Nuvve Holding 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.
Nuvve Holding Corp Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Nuvve Holding Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nuvve Holding Corp Trend Analysis
Use this graph to draw trend lines for Nuvve Holding Corp. You can use it to identify possible trend reversals for Nuvve Holding 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 Nuvve Holding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nuvve Holding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nuvve Holding Corp applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Nuvve Holding Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 34.17, which is the sum of squared deviations for the predicted Nuvve Holding price change compared to its average price change.About Nuvve Holding 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 Nuvve Holding 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 Nuvve Holding Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nuvve Holding Corp price pattern first instead of the macroeconomic environment surrounding Nuvve Holding Corp. By analyzing Nuvve Holding'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 Nuvve Holding'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 Nuvve Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 1.6E-5 | 1.4E-5 | Price To Sales Ratio | 4.77 | 4.53 |
Nuvve Holding December 2, 2024 Technical Indicators
Most technical analysis of Nuvve 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 Nuvve from various momentum indicators to cycle indicators. When you analyze Nuvve 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 | 0.0129 | |||
| Market Risk Adjusted Performance | (7.58) | |||
| Mean Deviation | 5.4 | |||
| Semi Deviation | 5.65 | |||
| Downside Deviation | 5.95 | |||
| Coefficient Of Variation | 21370.89 | |||
| Standard Deviation | 10.57 | |||
| Variance | 111.72 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0401 | |||
| Total Risk Alpha | (1.72) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (7.59) | |||
| Maximum Drawdown | 82.62 | |||
| Value At Risk | (10.20) | |||
| Potential Upside | 12.29 | |||
| Downside Variance | 35.35 | |||
| Semi Variance | 31.93 | |||
| Expected Short fall | (7.79) | |||
| Skewness | 4.66 | |||
| Kurtosis | 30.46 |
Complementary Tools for Nuvve Stock analysis
When running Nuvve Holding's price analysis, check to measure Nuvve Holding'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 Nuvve Holding is operating at the current time. Most of Nuvve Holding's value examination focuses on studying past and present price action to predict the probability of Nuvve Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuvve Holding's price. Additionally, you may evaluate how the addition of Nuvve Holding to your portfolios can decrease your overall portfolio volatility.
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