Meren Energy Stock Technical Analysis
| MER Stock | 2.14 0.01 0.47% |
As of the 3rd of February, Meren Energy secures the Downside Deviation of 2.05, mean deviation of 1.56, and Risk Adjusted Performance of 0.1428. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Meren Energy, as well as the relationship between them.
Meren Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Meren, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MerenMeren |
Meren Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Meren Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Meren Energy.
| 11/05/2025 |
| 02/03/2026 |
If you would invest 0.00 in Meren Energy on November 5, 2025 and sell it all today you would earn a total of 0.00 from holding Meren Energy or generate 0.0% return on investment in Meren Energy over 90 days. Meren Energy is related to or competes with Cardinal Energy, Kelt Exploration, Spartan Delta, Precision Drilling, Ur Energy, Trican Well, and Obsidian Energy. Meren Energy is entity of Canada. It is traded as Stock on TO exchange. More
Meren Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Meren Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Meren Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1587 | |||
| Maximum Drawdown | 11.16 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 3.24 |
Meren Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meren Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meren Energy's standard deviation. In reality, there are many statistical measures that can use Meren Energy historical prices to predict the future Meren Energy's volatility.| Risk Adjusted Performance | 0.1428 | |||
| Jensen Alpha | 0.3959 | |||
| Total Risk Alpha | 0.2416 | |||
| Sortino Ratio | 0.1572 | |||
| Treynor Ratio | (0.62) |
Meren Energy February 3, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1428 | |||
| Market Risk Adjusted Performance | (0.61) | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 1.54 | |||
| Downside Deviation | 2.05 | |||
| Coefficient Of Variation | 537.26 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.14 | |||
| Information Ratio | 0.1587 | |||
| Jensen Alpha | 0.3959 | |||
| Total Risk Alpha | 0.2416 | |||
| Sortino Ratio | 0.1572 | |||
| Treynor Ratio | (0.62) | |||
| Maximum Drawdown | 11.16 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 3.24 | |||
| Downside Variance | 4.22 | |||
| Semi Variance | 2.38 | |||
| Expected Short fall | (1.94) | |||
| Skewness | 0.4503 | |||
| Kurtosis | 1.08 |
Meren Energy Backtested Returns
Meren Energy appears to be unstable, given 3 months investment horizon. Meren Energy has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Meren Energy, which you can use to evaluate the volatility of the firm. Please exercise Meren Energy's Mean Deviation of 1.56, risk adjusted performance of 0.1428, and Downside Deviation of 2.05 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Meren Energy holds a performance score of 14. The company secures a Beta (Market Risk) of -0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Meren Energy are expected to decrease at a much lower rate. During the bear market, Meren Energy is likely to outperform the market. Please check Meren Energy's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Meren Energy's current price movements will revert.
Auto-correlation | 0.55 |
Modest predictability
Meren Energy has modest predictability. Overlapping area represents the amount of predictability between Meren Energy time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Meren Energy price movement. The serial correlation of 0.55 indicates that about 55.0% of current Meren Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Meren Energy 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.
Meren Energy Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Meren Energy across different markets.
About Meren Energy 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 Meren 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 Meren Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Meren Energy price pattern first instead of the macroeconomic environment surrounding Meren Energy. By analyzing Meren Energy'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 Meren Energy'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 Meren Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Meren Energy February 3, 2026 Technical Indicators
Most technical analysis of Meren 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 Meren from various momentum indicators to cycle indicators. When you analyze Meren 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 | 0.1428 | |||
| Market Risk Adjusted Performance | (0.61) | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 1.54 | |||
| Downside Deviation | 2.05 | |||
| Coefficient Of Variation | 537.26 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.14 | |||
| Information Ratio | 0.1587 | |||
| Jensen Alpha | 0.3959 | |||
| Total Risk Alpha | 0.2416 | |||
| Sortino Ratio | 0.1572 | |||
| Treynor Ratio | (0.62) | |||
| Maximum Drawdown | 11.16 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 3.24 | |||
| Downside Variance | 4.22 | |||
| Semi Variance | 2.38 | |||
| Expected Short fall | (1.94) | |||
| Skewness | 0.4503 | |||
| Kurtosis | 1.08 |
Meren Energy February 3, 2026 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 Meren 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 | 20,746 | ||
| Daily Balance Of Power | 0.20 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 2.13 | ||
| Day Typical Price | 2.13 | ||
| Price Action Indicator | 0.02 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meren Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Meren Stock, please use our How to Invest in Meren Energy guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.