Gn Store Nord Stock Technical Analysis

GGNDF Stock  USD 25.56  0.00  0.00%   
As of the 26th of April, GN Store owns the Information Ratio of 0.0342, market risk adjusted performance of 0.6889, and Coefficient Of Variation of 1642.77. GN Store Nord technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down twelve technical drivers for GN Store, which can be compared to its peers in the sector. Please check out GN Store Nord coefficient of variation, as well as the relationship between the total risk alpha and potential upside to decide if GN Store Nord is priced more or less accurately, providing market reflects its prevailing price of 25.56 per share. Given that GN Store Nord has total risk alpha of (0.23), we strongly advise you to confirm GN Store's latest market performance to make sure the company can sustain itself sooner or later.

GN Store Momentum Analysis

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

GN Store Nord Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 GN Store Nord volatility. High ATR values indicate high volatility, and low values indicate low volatility.

GN Store Nord Trend Analysis

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

GN Store Best Fit Change Line

The following chart estimates an ordinary least squares regression model for GN Store Nord applied against its price change over selected period. The best fit line has a slop of   0.03  , which means GN Store Nord will continue generating value for investors. It has 122 observation points and a regression sum of squares at 25.77, which is the sum of squared deviations for the predicted GN Store price change compared to its average price change.

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

GN Store April 26, 2024 Technical Indicators

Most technical analysis of GGNDF 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 GGNDF from various momentum indicators to cycle indicators. When you analyze GGNDF 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GN Store Nord. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the GN Store Nord information on this page should be used as a complementary analysis to other GN Store's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for GGNDF Pink Sheet analysis

When running GN Store's price analysis, check to measure GN Store'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 GN Store is operating at the current time. Most of GN Store's value examination focuses on studying past and present price action to predict the probability of GN Store's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GN Store's price. Additionally, you may evaluate how the addition of GN Store to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between GN Store's value and its price as these two are different measures arrived at by different means. Investors typically determine if GN Store is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GN Store'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.