Euronav Nv Stock Technical Analysis
| EURN Stock | USD 16.37 0.13 0.79% |
As of the 19th of April, Euronav NV shows the Mean Deviation of 0.8099, variance of 3.5, and Standard Deviation of 1.87. Euronav NV technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Euronav NV, which can be compared to its peers. Please confirm Euronav NV information ratio and skewness to decide if Euronav NV is priced favorably, providing market reflects its regular price of 16.37 per share. Given that Euronav NV has information ratio of (0.08), we urge you to verify Euronav NV's prevailing market performance to make sure the company can sustain itself at a future point.
Euronav NV Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Euronav, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EuronavEuronav |
Euronav NV Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 20.51 | Buy | 8 | Odds |
Most Euronav 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 Euronav stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Euronav NV, talking to its executives and customers, or listening to Euronav conference calls.
Euronav NV 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.
Euronav NV Technical Analysis
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 Euronav NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Euronav NV Trend Analysis
Use this graph to draw trend lines for Euronav NV. You can use it to identify possible trend reversals for Euronav NV 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 Euronav NV price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Euronav NV Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Euronav NV applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Euronav NV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 36.65, which is the sum of squared deviations for the predicted Euronav NV price change compared to its average price change.About Euronav NV 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 Euronav NV 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 Euronav NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Euronav NV price pattern first instead of the macroeconomic environment surrounding Euronav NV. By analyzing Euronav NV'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 Euronav NV'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 Euronav NV specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0135 | 0.007046 | 0.18 | Price To Sales Ratio | 4.27 | 4.02 | 2.82 |
Euronav NV April 19, 2024 Technical Indicators
Most technical analysis of Euronav 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 Euronav from various momentum indicators to cycle indicators. When you analyze Euronav 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.37) | |||
| Mean Deviation | 0.8099 | |||
| Coefficient Of Variation | (2,103) | |||
| Standard Deviation | 1.87 | |||
| Variance | 3.5 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.38) | |||
| Maximum Drawdown | 11.42 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 1.56 | |||
| Skewness | 0.044 | |||
| Kurtosis | 14.25 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euronav NV. 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. To learn how to invest in Euronav Stock, please use our How to Invest in Euronav NV guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Euronav Stock analysis
When running Euronav NV's price analysis, check to measure Euronav NV'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 Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.
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Is Euronav NV's 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 Euronav NV. If investors know Euronav 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 Euronav NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.724 | Dividend Share 2.07 | Earnings Share 4.25 | Revenue Per Share 6.117 | Quarterly Revenue Growth (0.27) |
The market value of Euronav NV is measured differently than its book value, which is the value of Euronav that is recorded on the company's balance sheet. Investors also form their own opinion of Euronav NV's value that differs from its market value or its book value, called intrinsic value, which is Euronav NV's 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 Euronav NV's market value can be influenced by many factors that don't directly affect Euronav NV's 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 Euronav NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euronav NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euronav NV's 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.