Mdjm Stock Technical Analysis
| MDJH Stock | USD 0.16 0.01 5.88% |
As of the 25th of November, MDJM secures the risk adjusted performance of (0.12), and Mean Deviation of 6.63. In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of MDJM, as well as the relationship between them.
MDJM Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MDJM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MDJMMDJM |
MDJM 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.
MDJM Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 MDJM volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MDJM Trend Analysis
Use this graph to draw trend lines for MDJM. You can use it to identify possible trend reversals for MDJM 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 MDJM price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MDJM Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MDJM applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that MDJM market price will keep on failing further. It has 122 observation points and a regression sum of squares at 8.09, which is the sum of squared deviations for the predicted MDJM price change compared to its average price change.About MDJM 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 MDJM 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 MDJM based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MDJM price pattern first instead of the macroeconomic environment surrounding MDJM. By analyzing MDJM'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 MDJM'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 MDJM specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 182.76 | 835.76 | 421.38 | 238.59 | PTB Ratio | 2.98 | 3.58 | 4.97 | 7.72 |
MDJM November 25, 2024 Technical Indicators
Most technical analysis of MDJM 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 MDJM from various momentum indicators to cycle indicators. When you analyze MDJM 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 | (0.12) | |||
| Market Risk Adjusted Performance | (7.55) | |||
| Mean Deviation | 6.63 | |||
| Coefficient Of Variation | (587.97) | |||
| Standard Deviation | 11.88 | |||
| Variance | 141.15 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (2.06) | |||
| Total Risk Alpha | (3.90) | |||
| Treynor Ratio | (7.56) | |||
| Maximum Drawdown | 94.18 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 8.47 | |||
| Skewness | (1.23) | |||
| Kurtosis | 9.94 |
Complementary Tools for MDJM Stock analysis
When running MDJM's price analysis, check to measure MDJM'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 MDJM is operating at the current time. Most of MDJM's value examination focuses on studying past and present price action to predict the probability of MDJM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDJM's price. Additionally, you may evaluate how the addition of MDJM to your portfolios can decrease your overall portfolio volatility.
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