Jackpot Digital Stock Technical Analysis
| JPOTF Stock | USD 0.04 0 5.88% |
As of the 26th of November, Jackpot Digital retains the Risk Adjusted Performance of (0.02), market risk adjusted performance of (0.79), and Standard Deviation of 3.64. Jackpot Digital 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. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Jackpot Digital, which can be compared to its competitors. Please check out Jackpot Digital market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Jackpot Digital is priced fairly, providing market reflects its last-minute price of 0.045 per share. As Jackpot Digital appears to be a penny stock we also urge to confirm its jensen alpha numbers.
Jackpot Digital Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jackpot, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JackpotJackpot |
Jackpot Digital 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.
Jackpot Digital 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 Jackpot Digital volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Jackpot Digital Trend Analysis
Use this graph to draw trend lines for Jackpot Digital. You can use it to identify possible trend reversals for Jackpot Digital 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 Jackpot Digital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Jackpot Digital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Jackpot Digital applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Jackpot Digital 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 Jackpot Digital price change compared to its average price change.About Jackpot Digital 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 Jackpot Digital 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 Jackpot Digital based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Jackpot Digital price pattern first instead of the macroeconomic environment surrounding Jackpot Digital. By analyzing Jackpot Digital'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 Jackpot Digital'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 Jackpot Digital specific price patterns or momentum indicators. Please read more on our technical analysis page.
Jackpot Digital November 26, 2024 Technical Indicators
Most technical analysis of Jackpot 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 Jackpot from various momentum indicators to cycle indicators. When you analyze Jackpot 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.79) | |||
| Mean Deviation | 2.21 | |||
| Coefficient Of Variation | (3,079) | |||
| Standard Deviation | 3.64 | |||
| Variance | 13.23 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.80) | |||
| Maximum Drawdown | 18.79 | |||
| Value At Risk | (6.61) | |||
| Potential Upside | 5.72 | |||
| Skewness | (0.43) | |||
| Kurtosis | 2.03 |
Jackpot Digital November 26, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Jackpot stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.06 | ||
| Day Median Price | 0.05 | ||
| Day Typical Price | 0.05 | ||
| Price Action Indicator | 0.00 |
Complementary Tools for Jackpot OTC Stock analysis
When running Jackpot Digital's price analysis, check to measure Jackpot Digital'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 Jackpot Digital is operating at the current time. Most of Jackpot Digital's value examination focuses on studying past and present price action to predict the probability of Jackpot Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jackpot Digital's price. Additionally, you may evaluate how the addition of Jackpot Digital to your portfolios can decrease your overall portfolio volatility.
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