Headwater Exploration Stock Technical Analysis
| HWX Stock | CAD 7.22 0.02 0.28% |
As of the 23rd of November, Headwater Exploration retains the market risk adjusted performance of 2.68, and Risk Adjusted Performance of 0.0648. Headwater Exploration technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Headwater Exploration Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Headwater, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HeadwaterHeadwater |
Headwater Exploration 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.
Headwater Exploration 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 Headwater Exploration volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Headwater Exploration Trend Analysis
Use this graph to draw trend lines for Headwater Exploration. You can use it to identify possible trend reversals for Headwater Exploration 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 Headwater Exploration price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Headwater Exploration Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Headwater Exploration applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Headwater Exploration will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.43, which is the sum of squared deviations for the predicted Headwater Exploration price change compared to its average price change.About Headwater Exploration 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 Headwater Exploration 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 Headwater Exploration based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Headwater Exploration price pattern first instead of the macroeconomic environment surrounding Headwater Exploration. By analyzing Headwater Exploration'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 Headwater Exploration'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 Headwater Exploration specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0576 | 0.0511 | Price To Sales Ratio | 3.46 | 3.29 |
Headwater Exploration November 23, 2024 Technical Indicators
Most technical analysis of Headwater 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 Headwater from various momentum indicators to cycle indicators. When you analyze Headwater 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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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0648 | |||
| Market Risk Adjusted Performance | 2.68 | |||
| Mean Deviation | 1.37 | |||
| Semi Deviation | 1.78 | |||
| Downside Deviation | 1.99 | |||
| Coefficient Of Variation | 1297.01 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.08 | |||
| Information Ratio | 0.0026 | |||
| Jensen Alpha | 0.1197 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0023 | |||
| Treynor Ratio | 2.67 | |||
| Maximum Drawdown | 8.92 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.62 | |||
| Downside Variance | 3.98 | |||
| Semi Variance | 3.18 | |||
| Expected Short fall | (1.43) | |||
| Skewness | (0.43) | |||
| Kurtosis | 0.2457 |
Other Information on Investing in Headwater Stock
Headwater Exploration financial ratios help investors to determine whether Headwater Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Headwater with respect to the benefits of owning Headwater Exploration security.