Almadex Minerals Stock Technical Analysis
| AAMMF Stock | USD 0.18 0.02 12.50% |
As of the 19th of April, Almadex Minerals shows the Downside Deviation of 14.31, risk adjusted performance of 0.0508, and Mean Deviation of 6.64. Almadex Minerals technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 have collected data for nineteen technical drivers for Almadex Minerals, which can be compared to its peers. Please confirm Almadex Minerals information ratio, as well as the relationship between the value at risk and expected short fall to decide if Almadex Minerals is priced correctly, providing market reflects its regular price of 0.18 per share. As Almadex Minerals appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Almadex Minerals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Almadex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlmadexAlmadex |
Almadex Minerals 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.
Almadex Minerals Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Almadex Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Almadex Minerals Trend Analysis
Use this graph to draw trend lines for Almadex Minerals. You can use it to identify possible trend reversals for Almadex Minerals 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 Almadex Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Almadex Minerals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Almadex Minerals applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Almadex Minerals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Almadex Minerals price change compared to its average price change.About Almadex Minerals 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 Almadex Minerals 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 Almadex Minerals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Almadex Minerals price pattern first instead of the macroeconomic environment surrounding Almadex Minerals. By analyzing Almadex Minerals'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 Almadex Minerals'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 Almadex Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Almadex Minerals April 19, 2024 Technical Indicators
Most technical analysis of Almadex 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 Almadex from various momentum indicators to cycle indicators. When you analyze Almadex 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.
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0508 | |||
| Market Risk Adjusted Performance | (0.77) | |||
| Mean Deviation | 6.64 | |||
| Semi Deviation | 7.85 | |||
| Downside Deviation | 14.31 | |||
| Coefficient Of Variation | 1491.77 | |||
| Standard Deviation | 9.9 | |||
| Variance | 97.93 | |||
| Information Ratio | 0.0601 | |||
| Jensen Alpha | 0.7026 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0416 | |||
| Treynor Ratio | (0.78) | |||
| Maximum Drawdown | 48.42 | |||
| Value At Risk | (17.65) | |||
| Potential Upside | 16.67 | |||
| Downside Variance | 204.68 | |||
| Semi Variance | 61.62 | |||
| Expected Short fall | (12.19) | |||
| Skewness | 0.063 | |||
| Kurtosis | 1.03 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Almadex Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Almadex Pink Sheet analysis
When running Almadex Minerals' price analysis, check to measure Almadex Minerals' 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 Almadex Minerals is operating at the current time. Most of Almadex Minerals' value examination focuses on studying past and present price action to predict the probability of Almadex Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Almadex Minerals' price. Additionally, you may evaluate how the addition of Almadex Minerals to your portfolios can decrease your overall portfolio volatility.
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