Next Plc Stock Technical Analysis
| NXGPF Stock | USD 106.50 0.00 0.00% |
As of the 4th of May, NEXT Plc secures the Mean Deviation of 0.7753, market risk adjusted performance of 0.1423, and Risk Adjusted Performance of 0.021. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NEXT plc, 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 eleven technical drivers for NEXT Plc, which can be compared to its peers in the industry. Please verify NEXT plc risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if NEXT plc is priced more or less accurately, providing market reflects its recent price of 106.5 per share. Given that NEXT plc has variance of 16.54, we recommend you to check NEXT Plc's last-minute market performance to make sure the company can sustain itself at some point in the future.
NEXT Plc Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NEXT, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NEXTNEXT |
NEXT Plc 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.
NEXT plc Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 NEXT plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NEXT plc Trend Analysis
Use this graph to draw trend lines for NEXT plc. You can use it to identify possible trend reversals for NEXT Plc 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 NEXT Plc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NEXT Plc Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NEXT plc applied against its price change over selected period. The best fit line has a slop of 0.03 , which means NEXT plc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 26.47, which is the sum of squared deviations for the predicted NEXT Plc price change compared to its average price change.About NEXT Plc 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 NEXT plc 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 NEXT plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NEXT plc price pattern first instead of the macroeconomic environment surrounding NEXT plc. By analyzing NEXT Plc'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 NEXT Plc'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 NEXT Plc specific price patterns or momentum indicators. Please read more on our technical analysis page.
NEXT Plc May 4, 2024 Technical Indicators
Most technical analysis of NEXT 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 NEXT from various momentum indicators to cycle indicators. When you analyze NEXT 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 | 0.021 | |||
| Market Risk Adjusted Performance | 0.1423 | |||
| Mean Deviation | 0.7753 | |||
| Coefficient Of Variation | 5121.78 | |||
| Standard Deviation | 4.07 | |||
| Variance | 16.54 | |||
| Information Ratio | 0.006 | |||
| Jensen Alpha | 0.0457 | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.1323 | |||
| Maximum Drawdown | 25.66 | |||
| Skewness | 1.92 | |||
| Kurtosis | 34.16 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEXT plc. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for NEXT Pink Sheet analysis
When running NEXT Plc's price analysis, check to measure NEXT Plc'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 NEXT Plc is operating at the current time. Most of NEXT Plc's value examination focuses on studying past and present price action to predict the probability of NEXT Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXT Plc's price. Additionally, you may evaluate how the addition of NEXT Plc to your portfolios can decrease your overall portfolio volatility.
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