NZSE (New Zealand) Price on June 3, 2022 Breakdown

NZ50
 Index
  

 11,685  129.53  1.10%   

As of today, the current price of NZSE is  11,685 , as last reported on the 19th of August, with the highest price reaching  11,814  and the lowest price hitting  11,668  during the day.
NZSE has Sharpe Ratio of 0.0646, which conveys that the entity had 0.0646% of return per unit of standard deviation over the last 3 months. Our standpoint towards estimating the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for NZSE, which you can use to evaluate the future volatility of the index.
  

NZSE Valuation on June 3, 2022

It is possible to determine the worth of NZSE on a given historical date. On June 3, 2022 NZSE was worth 11349.54 at the beginning of the trading date compared to the closed value of 11417.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NZSE index. Still, in general, we apply an absolute valuation method to find NZSE's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NZSE's related companies.
 Open High Low Close Volume
  11,373    11,382    11,292    11,350    1.00  
06/03/2022
  11,350    11,429    11,350    11,417    1.00  
  11,417    11,425    11,246    11,266    1.00  
Backtest NZSE  |  NZSE History  PreviousNext  
Open Value 11349.54
11,347
Downside
11417.34
Closing Value
11,352
Upside

NZSE Trading Date Momentum on June 3, 2022

On June 07 2022 NZSE was traded for  11,266  at the closing time. The highest daily price throughout the period was 11,425  and the lowest price was  11,246 . There was no trading activity during the period 1.0. Lack of trading volume on 06/07/2022 added to the next day price reduction. The trading date delta to closing price of the next trading day was 1.33% . The trading delta at closing time to current closing price is 2.46% .

About NZSE Index history

NZSE investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for NZSE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NZSE will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing NZSE historical stock prices may prove useful in developing a viable investing in NZSE

NZSE Index Technical Analysis

NZSE technical index 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, index market cycles, or different charting patterns.
A focus of NZSE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NZSE 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...

Price Boundaries

NZSE Period Price Range

Low
June 3, 2022
High

 11,350 

  

 11,417 

67.800.60%

NZSE August 19, 2022 Market Strength

Market strength indicators help investors to evaluate how NZSE index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NZSE shares will generate the highest return on investment. By undertsting and applying NZSE index market strength indicators, traders can identify NZSE entry and exit signals to maximize returns

NZSE Technical Drivers

NZSE August 19, 2022 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NZSE stock's direction in advance. Along with the technical and fundamental analysis of NZSE Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of NZSE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance0.1232
Mean Deviation0.6133
Semi Deviation0.616
Downside Deviation0.7444
Coefficient Of Variation967.95
Standard Deviation0.8474
Variance0.718
Information Ratio(0.001553)
Total Risk Alpha0.0235
Sortino Ratio(0.001767)
Maximum Drawdown4.79
Value At Risk(1.06)
Potential Upside1.7
Downside Variance0.5541
Semi Variance0.3795
Expected Short fall(0.73)
Skewness0.0581
Kurtosis1.43
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Check out Your Current Watchlist. Note that the NZSE information on this page should be used as a complementary analysis to other NZSE'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Other Tools for NZSE Index

When running NZSE price analysis, check to measure NZSE'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 NZSE is operating at the current time. Most of NZSE's value examination focuses on studying past and present price action to predict the probability of NZSE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NZSE's price. Additionally, you may evaluate how the addition of NZSE to your portfolios can decrease your overall portfolio volatility.
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