Ardiden Limited Stock Technical Analysis
| ARDDF Stock | USD 0.05 0.04 41.18% |
As of the 27th of November, Ardiden shows the risk adjusted performance of (0.09), and Mean Deviation of 1.23. Ardiden Limited 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. Please confirm Ardiden Limited market risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and treynor ratio to decide if Ardiden Limited is priced correctly, providing market reflects its regular price of 0.05 per share. As Ardiden Limited appears to be a penny stock we also recommend to validate its information ratio numbers.
Ardiden Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ardiden, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ArdidenArdiden |
Ardiden 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.
Ardiden Limited Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. 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 Ardiden Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ardiden Limited Trend Analysis
Use this graph to draw trend lines for Ardiden Limited. You can use it to identify possible trend reversals for Ardiden 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 Ardiden price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ardiden Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ardiden Limited applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Ardiden Limited 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 Ardiden price change compared to its average price change.About Ardiden 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 Ardiden Limited 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 Ardiden Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ardiden Limited price pattern first instead of the macroeconomic environment surrounding Ardiden Limited. By analyzing Ardiden'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 Ardiden'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 Ardiden specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ardiden November 27, 2024 Technical Indicators
Most technical analysis of Ardiden 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 Ardiden from various momentum indicators to cycle indicators. When you analyze Ardiden 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 | (0.09) | |||
| Market Risk Adjusted Performance | 4.01 | |||
| Mean Deviation | 1.23 | |||
| Coefficient Of Variation | (812.40) | |||
| Standard Deviation | 5.07 | |||
| Variance | 25.69 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.61) | |||
| Total Risk Alpha | (1.43) | |||
| Treynor Ratio | 4.0 | |||
| Skewness | (8.12) | |||
| Kurtosis | 66.0 |
Complementary Tools for Ardiden Pink Sheet analysis
When running Ardiden's price analysis, check to measure Ardiden'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 Ardiden is operating at the current time. Most of Ardiden's value examination focuses on studying past and present price action to predict the probability of Ardiden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardiden's price. Additionally, you may evaluate how the addition of Ardiden to your portfolios can decrease your overall portfolio volatility.
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