Enertopia Corporation Stock Technical Analysis
| ENRT Stock | USD 0.01 0 23.08% |
As of the 1st of December, Enertopia shows the Mean Deviation of 10.07, downside deviation of 16.26, and Coefficient Of Variation of 3841.28. Enertopia 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. 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 interpolate data for nineteen technical drivers for Enertopia Corporation, which can be compared to its peers.
Enertopia Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Enertopia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EnertopiaEnertopia |
Enertopia 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.
Enertopia Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Enertopia volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Enertopia Trend Analysis
Use this graph to draw trend lines for Enertopia Corporation. You can use it to identify possible trend reversals for Enertopia 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 Enertopia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Enertopia Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Enertopia Corporation applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Enertopia Corporation 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 Enertopia price change compared to its average price change.About Enertopia 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 Enertopia Corporation 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 Enertopia Corporation based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Enertopia price pattern first instead of the macroeconomic environment surrounding Enertopia. By analyzing Enertopia'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 Enertopia'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 Enertopia specific price patterns or momentum indicators. Please read more on our technical analysis page.
Enertopia December 1, 2024 Technical Indicators
Most technical analysis of Enertopia 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 Enertopia from various momentum indicators to cycle indicators. When you analyze Enertopia 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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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0294 | |||
| Market Risk Adjusted Performance | 0.2259 | |||
| Mean Deviation | 10.07 | |||
| Semi Deviation | 11.74 | |||
| Downside Deviation | 16.26 | |||
| Coefficient Of Variation | 3841.28 | |||
| Standard Deviation | 14.52 | |||
| Variance | 210.94 | |||
| Information Ratio | 0.0166 | |||
| Jensen Alpha | 0.1505 | |||
| Total Risk Alpha | (2.06) | |||
| Sortino Ratio | 0.0148 | |||
| Treynor Ratio | 0.2159 | |||
| Maximum Drawdown | 69.18 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 26.74 | |||
| Downside Variance | 264.33 | |||
| Semi Variance | 137.78 | |||
| Expected Short fall | (16.21) | |||
| Skewness | 0.2404 | |||
| Kurtosis | 0.3027 |
Additional Tools for Enertopia OTC Stock Analysis
When running Enertopia's price analysis, check to measure Enertopia'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 Enertopia is operating at the current time. Most of Enertopia's value examination focuses on studying past and present price action to predict the probability of Enertopia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enertopia's price. Additionally, you may evaluate how the addition of Enertopia to your portfolios can decrease your overall portfolio volatility.