Neenah Paper Stock Technical Analysis

NPDelisted Stock  USD 32.00  1.26  3.79%   
As of the 26th of April, Neenah Paper secures the Risk Adjusted Performance of (0.04), standard deviation of 2.45, and Mean Deviation of 1.87. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Neenah Paper, 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 Neenah Paper, which can be compared to its peers in the industry. Please verify Neenah Paper coefficient of variation and maximum drawdown to decide if Neenah Paper is priced some-what accurately, providing market reflects its recent price of 32.0 per share. Given that Neenah Paper has information ratio of (0.12), we recommend you to check Neenah Paper's last-minute market performance to make sure the company can sustain itself at a future point.

Neenah Paper Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Neenah, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Neenah
  
Neenah Paper's 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.
Neenah Paper 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, delisted stock market cycles, or different charting patterns.
A focus of Neenah Paper technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Neenah Paper 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...

Neenah Paper Technical Analysis

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Neenah Paper Trend Analysis

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

Neenah Paper Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Neenah Paper applied against its price change over selected period. The best fit line has a slop of   0.07  , which may indicate that the price for Neenah Paper will continue to decline. It has 118 observation points and a regression sum of squares at 186.94, which is the sum of squared deviations for the predicted Neenah Paper price change compared to its average price change.

About Neenah Paper 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 Neenah Paper 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 Neenah Paper based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Neenah Paper price pattern first instead of the macroeconomic environment surrounding Neenah Paper. By analyzing Neenah Paper'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 Neenah Paper'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 Neenah Paper specific price patterns or momentum indicators. Please read more on our technical analysis page.

Neenah Paper April 26, 2024 Technical Indicators

Most technical analysis of Neenah 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 Neenah from various momentum indicators to cycle indicators. When you analyze Neenah 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.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Other Consideration for investing in Neenah Stock

If you are still planning to invest in Neenah Paper 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 Neenah Paper's history and understand the potential risks before investing.
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