Bushveld Minerals Limited Stock Technical Analysis
BSHVF Stock | USD 0.01 0 29.58% |
As of the 23rd of November, Bushveld Minerals shows the Downside Deviation of 67.64, mean deviation of 146.48, and Risk Adjusted Performance of 0.1789. Bushveld 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. Please confirm Bushveld Minerals treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Bushveld Minerals is priced correctly, providing market reflects its regular price of 0.01 per share. As Bushveld Minerals appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Bushveld 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 Bushveld, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BushveldBushveld |
Bushveld 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.
Bushveld 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 Bushveld Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bushveld Minerals Trend Analysis
Use this graph to draw trend lines for Bushveld Minerals Limited. You can use it to identify possible trend reversals for Bushveld 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 Bushveld Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bushveld Minerals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bushveld Minerals Limited applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Bushveld Minerals 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 Bushveld Minerals price change compared to its average price change.About Bushveld 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 Bushveld Minerals 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 Bushveld Minerals Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bushveld Minerals price pattern first instead of the macroeconomic environment surrounding Bushveld Minerals. By analyzing Bushveld 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 Bushveld 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 Bushveld Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bushveld Minerals November 23, 2024 Technical Indicators
Most technical analysis of Bushveld 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 Bushveld from various momentum indicators to cycle indicators. When you analyze Bushveld 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 | 0.1789 | |||
Market Risk Adjusted Performance | 1.0 | |||
Mean Deviation | 146.48 | |||
Semi Deviation | 25.57 | |||
Downside Deviation | 67.64 | |||
Coefficient Of Variation | 454.05 | |||
Standard Deviation | 332.12 | |||
Variance | 110303.07 | |||
Information Ratio | 0.2198 | |||
Jensen Alpha | 64.26 | |||
Total Risk Alpha | 20.83 | |||
Sortino Ratio | 1.08 | |||
Treynor Ratio | 0.9948 | |||
Maximum Drawdown | 1613.66 | |||
Value At Risk | (87.50) | |||
Potential Upside | 400.0 | |||
Downside Variance | 4575.08 | |||
Semi Variance | 653.82 | |||
Expected Short fall | (447.84) | |||
Skewness | 4.29 | |||
Kurtosis | 17.49 |
Complementary Tools for Bushveld Pink Sheet analysis
When running Bushveld Minerals' price analysis, check to measure Bushveld 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 Bushveld Minerals is operating at the current time. Most of Bushveld Minerals' value examination focuses on studying past and present price action to predict the probability of Bushveld Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bushveld Minerals' price. Additionally, you may evaluate how the addition of Bushveld Minerals to your portfolios can decrease your overall portfolio volatility.
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