Magna Terra Minerals Stock Momentum Indicators Commodity Channel Index
| MTT Stock | CAD 0.02 0.01 33.33% |
| Symbol |
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Commodity Channel Index (CCI) is designed to detect Magna Terra beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Magna Terra Minerals is making new highs, and the CCI is not, then a price correction is likely to happen soon.
Magna Terra Technical Analysis Modules
Most technical analysis of Magna Terra 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 Magna from various momentum indicators to cycle indicators. When you analyze Magna charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
About Magna Terra Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magna Terra Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magna Terra Minerals based on widely used predictive technical indicators. In general, we focus on analyzing Magna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magna Terra's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Magna Terra's intrinsic value. In addition to deriving basic predictive indicators for Magna Terra, we also check how macroeconomic factors affect Magna Terra price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 (projected) | Graham Number | 0.0664 | 0.0631 | Receivables Turnover | 4.58 | 4.81 |
Learn to be your own money manager
As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
Run Price Transformation Now
Price TransformationUse Price Transformation models to analyze the depth of different equity instruments across global markets |
| All Next | Launch Module |
Magna Terra Minerals pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magna Terra position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magna Terra will appreciate offsetting losses from the drop in the long position's value.Magna Terra Pair Trading
Magna Terra Minerals Pair Trading Analysis
The ability to find closely correlated positions to Magna Terra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magna Terra when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magna Terra - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magna Terra Minerals to buy it.
The correlation of Magna Terra is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magna Terra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna Terra Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Magna Terra can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Magna Stock Analysis
When running Magna Terra's price analysis, check to measure Magna Terra'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 Magna Terra is operating at the current time. Most of Magna Terra's value examination focuses on studying past and present price action to predict the probability of Magna Terra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Terra's price. Additionally, you may evaluate how the addition of Magna Terra to your portfolios can decrease your overall portfolio volatility.