Canada Nickel Stock Technical Analysis
| CNIKF Stock | USD 0.68 0.01 1.45% |
As of the 27th of November, Canada Nickel shows the Risk Adjusted Performance of (0.03), mean deviation of 1.78, and Standard Deviation of 2.52. Canada Nickel 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Canada Nickel, which can be compared to its peers. Please confirm Canada Nickel variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Canada Nickel is priced correctly, providing market reflects its regular price of 0.68 per share. As Canada Nickel is a penny stock we also strongly suggest to validate its jensen alpha numbers.
Canada Nickel Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canada, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanadaCanada |
Canada Nickel technical otc 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, otc market cycles, or different charting patterns.
Canada Nickel Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Canada Nickel volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Canada Nickel Trend Analysis
Use this graph to draw trend lines for Canada Nickel. You can use it to identify possible trend reversals for Canada Nickel 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 Canada Nickel price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Canada Nickel Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Canada Nickel applied against its price change over selected period. The best fit line has a slop of 0.0021 , which may suggest that Canada Nickel market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.17, which is the sum of squared deviations for the predicted Canada Nickel price change compared to its average price change.About Canada Nickel 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 Canada Nickel 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 Canada Nickel based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Canada Nickel price pattern first instead of the macroeconomic environment surrounding Canada Nickel. By analyzing Canada Nickel'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 Canada Nickel'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 Canada Nickel specific price patterns or momentum indicators. Please read more on our technical analysis page.
Canada Nickel November 27, 2024 Technical Indicators
Most technical analysis of Canada 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 Canada from various momentum indicators to cycle indicators. When you analyze Canada 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.27) | |||
| Mean Deviation | 1.78 | |||
| Coefficient Of Variation | (2,147) | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.37 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.28) | |||
| Maximum Drawdown | 14.46 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 3.8 | |||
| Skewness | 1.23 | |||
| Kurtosis | 3.47 |
Complementary Tools for Canada OTC Stock analysis
When running Canada Nickel's price analysis, check to measure Canada Nickel'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 Canada Nickel is operating at the current time. Most of Canada Nickel's value examination focuses on studying past and present price action to predict the probability of Canada Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Nickel's price. Additionally, you may evaluate how the addition of Canada Nickel to your portfolios can decrease your overall portfolio volatility.
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