Minerva Neurosciences Stock Technical Analysis

NERV Stock  USD 2.53  0.02  0.78%   
As of the 24th of April, Minerva Neurosciences secures the Mean Deviation of 4.64, risk adjusted performance of (0.05), and Standard Deviation of 9.05. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Minerva Neurosciences, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Minerva Neurosciences, which can be compared to its peers in the industry. Please verify Minerva Neurosciences information ratio and kurtosis to decide if Minerva Neurosciences is priced some-what accurately, providing market reflects its recent price of 2.53 per share. Please also check out Minerva Neurosciences jensen alpha, which is currently at (0.91) to check the company can sustain itself at a future point.

Minerva Neurosciences Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Minerva, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Minerva
  
Minerva Neurosciences' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Minerva Neurosciences Analyst Consensus

Target PriceAdvice# of Analysts
11.0Hold1Odds
Minerva Neurosciences current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Minerva 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 Minerva stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Minerva Neurosciences, talking to its executives and customers, or listening to Minerva conference calls.
Minerva Analyst Advice Details
Minerva Neurosciences 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.
A focus of Minerva Neurosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Minerva Neurosciences trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Minerva Neurosciences Technical Analysis

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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 Minerva Neurosciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Minerva Neurosciences Trend Analysis

Use this graph to draw trend lines for Minerva Neurosciences. You can use it to identify possible trend reversals for Minerva Neurosciences 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 Minerva Neurosciences price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Minerva Neurosciences Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Minerva Neurosciences applied against its price change over selected period. The best fit line has a slop of   0.15  , which may suggest that Minerva Neurosciences market price will keep on failing further. It has 122 observation points and a regression sum of squares at 844.7, which is the sum of squared deviations for the predicted Minerva Neurosciences price change compared to its average price change.

About Minerva Neurosciences 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 Minerva Neurosciences 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 Minerva Neurosciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Minerva Neurosciences price pattern first instead of the macroeconomic environment surrounding Minerva Neurosciences. By analyzing Minerva Neurosciences'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 Minerva Neurosciences'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 Minerva Neurosciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2023 2024 (projected)
Dividend Yield0.04570.04110.0366
Price To Sales Ratio2.322.091.86

Minerva Neurosciences April 24, 2024 Technical Indicators

Most technical analysis of Minerva 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 Minerva from various momentum indicators to cycle indicators. When you analyze Minerva 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.

Minerva Neurosciences April 24, 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 Minerva 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.
When determining whether Minerva Neurosciences is a strong investment it is important to analyze Minerva Neurosciences' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Minerva Neurosciences' future performance. For an informed investment choice regarding Minerva Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerva Neurosciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Minerva Stock please use our How to Invest in Minerva Neurosciences guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Minerva Stock analysis

When running Minerva Neurosciences' price analysis, check to measure Minerva Neurosciences' 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 Minerva Neurosciences is operating at the current time. Most of Minerva Neurosciences' value examination focuses on studying past and present price action to predict the probability of Minerva Neurosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minerva Neurosciences' price. Additionally, you may evaluate how the addition of Minerva Neurosciences to your portfolios can decrease your overall portfolio volatility.
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Fundamental Analysis
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Is Minerva Neurosciences' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Minerva Neurosciences. If investors know Minerva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Minerva Neurosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.61)
Return On Assets
(0.26)
Return On Equity
(6.75)
The market value of Minerva Neurosciences is measured differently than its book value, which is the value of Minerva that is recorded on the company's balance sheet. Investors also form their own opinion of Minerva Neurosciences' value that differs from its market value or its book value, called intrinsic value, which is Minerva Neurosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Minerva Neurosciences' market value can be influenced by many factors that don't directly affect Minerva Neurosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Minerva Neurosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Minerva Neurosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minerva Neurosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.