Innergex Renewable Energy Preferred Stock Technical Analysis
| INE-PA Preferred Stock | CAD 15.65 0.14 0.90% |
As of the 22nd of January, Innergex Renewable retains the Market Risk Adjusted Performance of 1.17, downside deviation of 0.8187, and Risk Adjusted Performance of 0.1215. Innergex Renewable 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.
Innergex Renewable Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Innergex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InnergexInnergex |
Innergex Renewable technical preferred 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, preferred stock market cycles, or different charting patterns.
Innergex Renewable Energy 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 Innergex Renewable Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Innergex Renewable Energy Trend Analysis
Use this graph to draw trend lines for Innergex Renewable Energy. You can use it to identify possible trend reversals for Innergex Renewable 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 Innergex Renewable price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Innergex Renewable Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Innergex Renewable Energy applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Innergex Renewable Energy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.5, which is the sum of squared deviations for the predicted Innergex Renewable price change compared to its average price change.About Innergex Renewable 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 Innergex Renewable Energy 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 Innergex Renewable Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Innergex Renewable Energy price pattern first instead of the macroeconomic environment surrounding Innergex Renewable Energy. By analyzing Innergex Renewable'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 Innergex Renewable'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 Innergex Renewable specific price patterns or momentum indicators. Please read more on our technical analysis page.
Innergex Renewable January 22, 2025 Technical Indicators
Most technical analysis of Innergex 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 Innergex from various momentum indicators to cycle indicators. When you analyze Innergex 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 | 0.1215 | |||
| Market Risk Adjusted Performance | 1.17 | |||
| Mean Deviation | 0.5331 | |||
| Semi Deviation | 0.4636 | |||
| Downside Deviation | 0.8187 | |||
| Coefficient Of Variation | 692.41 | |||
| Standard Deviation | 0.8111 | |||
| Variance | 0.6579 | |||
| Information Ratio | 0.0994 | |||
| Jensen Alpha | 0.1047 | |||
| Total Risk Alpha | 0.0817 | |||
| Sortino Ratio | 0.0985 | |||
| Treynor Ratio | 1.16 | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.09 | |||
| Downside Variance | 0.6703 | |||
| Semi Variance | 0.2149 | |||
| Expected Short fall | (0.86) | |||
| Skewness | 0.8085 | |||
| Kurtosis | 3.85 |
Complementary Tools for Innergex Preferred Stock analysis
When running Innergex Renewable's price analysis, check to measure Innergex Renewable'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 Innergex Renewable is operating at the current time. Most of Innergex Renewable's value examination focuses on studying past and present price action to predict the probability of Innergex Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innergex Renewable's price. Additionally, you may evaluate how the addition of Innergex Renewable to your portfolios can decrease your overall portfolio volatility.
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