Excellon Resources Stock Technical Analysis
EXNRFDelisted Stock | USD 0.31 0.01 3.13% |
As of the 26th of November, Excellon Resources shows the Mean Deviation of 2.38, coefficient of variation of 655.45, and Standard Deviation of 3.41. Excellon Resources 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. Please confirm Excellon Resources market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Excellon Resources is priced favorably, providing market reflects its regular price of 0.31 per share. As Excellon Resources appears to be a penny stock we also advise to verify its jensen alpha numbers.
Excellon Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Excellon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ExcellonExcellon |
Excellon Resources 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.
Excellon Resources Technical Analysis
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Excellon Resources Trend Analysis
Use this graph to draw trend lines for Excellon Resources. You can use it to identify possible trend reversals for Excellon Resources 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 Excellon Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Excellon Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Excellon Resources applied against its price change over selected period. The best fit line has a slop of 0.0008 , which means Excellon Resources will continue generating value for investors. It has 16 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Excellon Resources price change compared to its average price change.About Excellon Resources 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 Excellon Resources 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 Excellon Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Excellon Resources price pattern first instead of the macroeconomic environment surrounding Excellon Resources. By analyzing Excellon Resources'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 Excellon Resources'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 Excellon Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Excellon Resources November 26, 2024 Technical Indicators
Most technical analysis of Excellon 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 Excellon from various momentum indicators to cycle indicators. When you analyze Excellon 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 | 0.1244 | |||
Market Risk Adjusted Performance | (2.36) | |||
Mean Deviation | 2.38 | |||
Coefficient Of Variation | 655.45 | |||
Standard Deviation | 3.41 | |||
Variance | 11.63 | |||
Information Ratio | 0.1149 | |||
Jensen Alpha | 0.5359 | |||
Total Risk Alpha | (0.02) | |||
Treynor Ratio | (2.37) | |||
Maximum Drawdown | 9.58 | |||
Value At Risk | (6.25) | |||
Potential Upside | 3.33 | |||
Skewness | (1.45) | |||
Kurtosis | 2.46 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Excellon Pink Sheet
If you are still planning to invest in Excellon Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Excellon Resources' history and understand the potential risks before investing.
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