Novaccess Global Stock Technical Analysis
| XSNX Stock | USD 0.01 0 80.00% |
As of the 4th of December, NovAccess Global secures the Risk Adjusted Performance of 0.0982, mean deviation of 14.74, and Downside Deviation of 26.81. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NovAccess Global, as well as the relationship between them.
NovAccess Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NovAccess, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NovAccessNovAccess |
NovAccess Global 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.
NovAccess Global 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 NovAccess Global volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NovAccess Global Trend Analysis
Use this graph to draw trend lines for NovAccess Global. You can use it to identify possible trend reversals for NovAccess Global 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 NovAccess Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NovAccess Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NovAccess Global applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that NovAccess Global market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted NovAccess Global price change compared to its average price change.About NovAccess Global 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 NovAccess Global 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 NovAccess Global based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NovAccess Global price pattern first instead of the macroeconomic environment surrounding NovAccess Global. By analyzing NovAccess Global'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 NovAccess Global'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 NovAccess Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
NovAccess Global December 4, 2024 Technical Indicators
Most technical analysis of NovAccess 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 NovAccess from various momentum indicators to cycle indicators. When you analyze NovAccess 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.
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| Risk Adjusted Performance | 0.0982 | |||
| Market Risk Adjusted Performance | 1.48 | |||
| Mean Deviation | 14.74 | |||
| Semi Deviation | 13.93 | |||
| Downside Deviation | 26.81 | |||
| Coefficient Of Variation | 862.75 | |||
| Standard Deviation | 28.14 | |||
| Variance | 791.95 | |||
| Information Ratio | 0.1119 | |||
| Jensen Alpha | 3.02 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.1174 | |||
| Treynor Ratio | 1.47 | |||
| Maximum Drawdown | 206.94 | |||
| Value At Risk | (31.43) | |||
| Potential Upside | 44.0 | |||
| Downside Variance | 718.67 | |||
| Semi Variance | 194.02 | |||
| Expected Short fall | (33.40) | |||
| Skewness | 3.06 | |||
| Kurtosis | 15.9 |
Additional Tools for NovAccess Pink Sheet Analysis
When running NovAccess Global's price analysis, check to measure NovAccess Global'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 NovAccess Global is operating at the current time. Most of NovAccess Global's value examination focuses on studying past and present price action to predict the probability of NovAccess Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NovAccess Global's price. Additionally, you may evaluate how the addition of NovAccess Global to your portfolios can decrease your overall portfolio volatility.