Millbank Mining Corp Stock Technical Analysis
| MILL Stock | 0.47 0.01 2.17% |
As of the 18th of December 2024, Millbank Mining secures the Risk Adjusted Performance of 0.0659, downside deviation of 8.41, and Mean Deviation of 2.87. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Millbank Mining Corp, as well as the relationship between them. Please verify Millbank Mining Corp standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Millbank Mining Corp is priced some-what accurately, providing market reflects its recent price of 0.47 per share.
Millbank Mining Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Millbank, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MillbankMillbank |
Millbank Mining 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.
Millbank Mining Corp 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 Millbank Mining Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Millbank Mining Corp Trend Analysis
Use this graph to draw trend lines for Millbank Mining Corp. You can use it to identify possible trend reversals for Millbank Mining 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 Millbank Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Millbank Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Millbank Mining Corp applied against its price change over selected period. The best fit line has a slop of 0.0005 , which means Millbank Mining Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Millbank Mining price change compared to its average price change.About Millbank Mining 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 Millbank Mining Corp 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 Millbank Mining Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Millbank Mining Corp price pattern first instead of the macroeconomic environment surrounding Millbank Mining Corp. By analyzing Millbank Mining'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 Millbank Mining'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 Millbank Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Current Ratio | 9.25 | 5.82 | 6.69 | 11.31 | Net Debt To EBITDA | 0.82 | 8.39 | 9.65 | 5.95 |
Millbank Mining December 18, 2024 Technical Indicators
Most technical analysis of Millbank 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 Millbank from various momentum indicators to cycle indicators. When you analyze Millbank 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 | 0.0659 | |||
| Market Risk Adjusted Performance | 0.3604 | |||
| Mean Deviation | 2.87 | |||
| Semi Deviation | 3.67 | |||
| Downside Deviation | 8.41 | |||
| Coefficient Of Variation | 1265.25 | |||
| Standard Deviation | 5.3 | |||
| Variance | 28.06 | |||
| Information Ratio | 0.0663 | |||
| Jensen Alpha | 0.3414 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0417 | |||
| Treynor Ratio | 0.3504 | |||
| Maximum Drawdown | 37.75 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 10.0 | |||
| Downside Variance | 70.72 | |||
| Semi Variance | 13.44 | |||
| Expected Short fall | (7.17) | |||
| Skewness | 0.7345 | |||
| Kurtosis | 6.0 |
Additional Tools for Millbank Stock Analysis
When running Millbank Mining's price analysis, check to measure Millbank Mining'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 Millbank Mining is operating at the current time. Most of Millbank Mining's value examination focuses on studying past and present price action to predict the probability of Millbank Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millbank Mining's price. Additionally, you may evaluate how the addition of Millbank Mining to your portfolios can decrease your overall portfolio volatility.