Mega Uranium Stock Technical Analysis
| MGA Stock | CAD 0.38 0.01 2.70% |
As of the 1st of December, Mega Uranium secures the Risk Adjusted Performance of 0.1096, mean deviation of 2.81, and Downside Deviation of 3.91. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mega Uranium, as well as the relationship between them.
Mega Uranium Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mega, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MegaMega |
Mega Uranium 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.
Mega Uranium 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 Mega Uranium volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mega Uranium Trend Analysis
Use this graph to draw trend lines for Mega Uranium. You can use it to identify possible trend reversals for Mega Uranium 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 Mega Uranium price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mega Uranium Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mega Uranium applied against its price change over selected period. The best fit line has a slop of 0 , which means Mega Uranium will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Mega Uranium price change compared to its average price change.About Mega Uranium 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 Mega Uranium 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 Mega Uranium based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mega Uranium price pattern first instead of the macroeconomic environment surrounding Mega Uranium. By analyzing Mega Uranium'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 Mega Uranium'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 Mega Uranium specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2024 (projected) | PB Ratio | 0.68 | 0.89 | 0.97 | Capex To Depreciation | 0.84 | 0.13 | 0.14 |
Mega Uranium December 1, 2024 Technical Indicators
Most technical analysis of Mega 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 Mega from various momentum indicators to cycle indicators. When you analyze Mega 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 | 0.1096 | |||
| Market Risk Adjusted Performance | 2.33 | |||
| Mean Deviation | 2.81 | |||
| Semi Deviation | 2.53 | |||
| Downside Deviation | 3.91 | |||
| Coefficient Of Variation | 751.09 | |||
| Standard Deviation | 3.54 | |||
| Variance | 12.54 | |||
| Information Ratio | 0.0943 | |||
| Jensen Alpha | 0.4361 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0855 | |||
| Treynor Ratio | 2.32 | |||
| Maximum Drawdown | 14.07 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 6.67 | |||
| Downside Variance | 15.27 | |||
| Semi Variance | 6.43 | |||
| Expected Short fall | (4.51) | |||
| Skewness | 0.2658 | |||
| Kurtosis | (0.50) |
Other Information on Investing in Mega Stock
Mega Uranium financial ratios help investors to determine whether Mega 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 Mega with respect to the benefits of owning Mega Uranium security.