Axim Biotechnologies Stock Technical Analysis
| AXIM Stock | USD 0 0.0001 5.00% |
As of the 25th of November, Axim Biotechnologies shows the Mean Deviation of 9.59, risk adjusted performance of (0.01), and Standard Deviation of 18.66. Axim Biotechnologies 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 Axim Biotechnologies coefficient of variation and maximum drawdown to decide if Axim Biotechnologies is priced correctly, providing market reflects its regular price of 0.0021 per share. As Axim Biotechnologies appears to be a penny stock we also recommend to validate its jensen alpha numbers.
Axim Biotechnologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Axim, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AximAxim |
Axim Biotechnologies 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.
Axim Biotechnologies Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Axim Biotechnologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Axim Biotechnologies Trend Analysis
Use this graph to draw trend lines for Axim Biotechnologies. You can use it to identify possible trend reversals for Axim Biotechnologies 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 Axim Biotechnologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Axim Biotechnologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Axim Biotechnologies applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Axim Biotechnologies 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 Axim Biotechnologies price change compared to its average price change.About Axim Biotechnologies 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 Axim Biotechnologies 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 Axim Biotechnologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Axim Biotechnologies price pattern first instead of the macroeconomic environment surrounding Axim Biotechnologies. By analyzing Axim Biotechnologies'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 Axim Biotechnologies'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 Axim Biotechnologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
Axim Biotechnologies November 25, 2024 Technical Indicators
Most technical analysis of Axim 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 Axim from various momentum indicators to cycle indicators. When you analyze Axim 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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| Math Transform | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 3.89 | |||
| Mean Deviation | 9.59 | |||
| Coefficient Of Variation | (3,122) | |||
| Standard Deviation | 18.66 | |||
| Variance | 348.13 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (3.55) | |||
| Treynor Ratio | 3.88 | |||
| Maximum Drawdown | 125.0 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 28.57 | |||
| Skewness | 2.36 | |||
| Kurtosis | 12.45 |
Axim Biotechnologies November 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Axim stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 89,024 | ||
| Daily Balance Of Power | 0.33 | ||
| Rate Of Daily Change | 1.05 | ||
| Day Median Price | 0.00 | ||
| Day Typical Price | 0.00 | ||
| Price Action Indicator | 0.00 |
Other Information on Investing in Axim Pink Sheet
Axim Biotechnologies financial ratios help investors to determine whether Axim Pink Sheet 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 Axim with respect to the benefits of owning Axim Biotechnologies security.