Emx Royalty Corp Stock Technical Analysis
| EMX Stock | USD 1.74 0.01 0.58% |
As of the 22nd of November, EMX Royalty shows the Mean Deviation of 1.66, standard deviation of 2.23, and Market Risk Adjusted Performance of (0.07). EMX Royalty Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
EMX Royalty Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EMX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EMXEMX |
EMX Royalty Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 4.74 | Buy | 2 | Odds |
Most EMX analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand EMX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of EMX Royalty Corp, talking to its executives and customers, or listening to EMX conference calls.
EMX Royalty 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.
EMX Royalty Corp Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 EMX Royalty Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
EMX Royalty Corp Trend Analysis
Use this graph to draw trend lines for EMX Royalty Corp. You can use it to identify possible trend reversals for EMX Royalty 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 EMX Royalty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.EMX Royalty Best Fit Change Line
The following chart estimates an ordinary least squares regression model for EMX Royalty Corp applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that EMX Royalty Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.13, which is the sum of squared deviations for the predicted EMX Royalty price change compared to its average price change.About EMX Royalty 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 EMX Royalty 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 EMX Royalty Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EMX Royalty Corp price pattern first instead of the macroeconomic environment surrounding EMX Royalty Corp. By analyzing EMX Royalty'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 EMX Royalty'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 EMX Royalty specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 1.2K | 255.97 | 103.22 | 98.06 | PTB Ratio | 2.29 | 1.63 | 1.49 | 1.42 |
EMX Royalty November 22, 2024 Technical Indicators
Most technical analysis of EMX 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 EMX from various momentum indicators to cycle indicators. When you analyze EMX 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 | 2.0E-4 | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 1.66 | |||
| Coefficient Of Variation | (11,975) | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.97 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 9.74 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 4.44 | |||
| Skewness | 0.5768 | |||
| Kurtosis | 0.6764 |
Additional Tools for EMX Stock Analysis
When running EMX Royalty's price analysis, check to measure EMX Royalty'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 EMX Royalty is operating at the current time. Most of EMX Royalty's value examination focuses on studying past and present price action to predict the probability of EMX Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMX Royalty's price. Additionally, you may evaluate how the addition of EMX Royalty to your portfolios can decrease your overall portfolio volatility.