Africa Oil Corp Stock Technical Analysis
| AOI Stock | CAD 1.93 0.03 1.58% |
As of the 17th of February 2025, Africa Oil shows the Downside Deviation of 2.55, risk adjusted performance of 0.0569, and Mean Deviation of 1.84. Africa Oil Corp 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.
Africa Oil Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Africa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AfricaAfrica |
Africa Oil 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.
Africa Oil Corp Technical Analysis
The output start index for this execution was twenty-one with a total number of output elements of fourty. 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 Africa Oil Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Africa Oil Corp Trend Analysis
Use this graph to draw trend lines for Africa Oil Corp. You can use it to identify possible trend reversals for Africa Oil 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 Africa Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Africa Oil Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Africa Oil Corp applied against its price change over selected period. The best fit line has a slop of 0.0006 , which may suggest that Africa Oil Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Africa Oil price change compared to its average price change.About Africa Oil 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 Africa Oil Corp 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 Africa Oil Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Africa Oil Corp price pattern first instead of the macroeconomic environment surrounding Africa Oil Corp. By analyzing Africa Oil'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 Africa Oil'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 Africa Oil specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2010 | 2024 | 2025 (projected) | Payables Turnover | 0.46 | 1.19 | 1.25 | Days Of Inventory On Hand | 2.7K | 2.5K | 2.2K |
Africa Oil February 17, 2025 Technical Indicators
Most technical analysis of Africa 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 Africa from various momentum indicators to cycle indicators. When you analyze Africa 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 | 0.0569 | |||
| Market Risk Adjusted Performance | (0.34) | |||
| Mean Deviation | 1.84 | |||
| Semi Deviation | 2.07 | |||
| Downside Deviation | 2.55 | |||
| Coefficient Of Variation | 1420.22 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.66 | |||
| Information Ratio | 0.0657 | |||
| Jensen Alpha | 0.1581 | |||
| Total Risk Alpha | 0.1539 | |||
| Sortino Ratio | 0.0613 | |||
| Treynor Ratio | (0.35) | |||
| Maximum Drawdown | 10.25 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 4.42 | |||
| Downside Variance | 6.51 | |||
| Semi Variance | 4.29 | |||
| Expected Short fall | (2.20) | |||
| Skewness | 0.1933 | |||
| Kurtosis | (0.23) |
Other Information on Investing in Africa Stock
Africa Oil financial ratios help investors to determine whether Africa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Africa with respect to the benefits of owning Africa Oil security.