Medical Marijuana I Stock Technical Analysis
| MJNA Stock | USD 0.0006 0.0001 14.29% |
As of the 27th of November, Medical Marijuana secures the Standard Deviation of 9.98, risk adjusted performance of (0.04), and Mean Deviation of 7.05. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Medical Marijuana, as well as the relationship between them.
Medical Marijuana Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Medical, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MedicalMedical |
Medical Marijuana technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Medical Marijuana Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. 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 Medical Marijuana volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Medical Marijuana Trend Analysis
Use this graph to draw trend lines for Medical Marijuana I. You can use it to identify possible trend reversals for Medical Marijuana 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 Medical Marijuana price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Medical Marijuana Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Medical Marijuana I applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Medical Marijuana I 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 Medical Marijuana price change compared to its average price change.About Medical Marijuana 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 Medical Marijuana I 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 Medical Marijuana I based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Medical Marijuana price pattern first instead of the macroeconomic environment surrounding Medical Marijuana. By analyzing Medical Marijuana'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 Medical Marijuana'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 Medical Marijuana specific price patterns or momentum indicators. Please read more on our technical analysis page.
Medical Marijuana November 27, 2024 Technical Indicators
Most technical analysis of Medical 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 Medical from various momentum indicators to cycle indicators. When you analyze Medical 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 | (0.04) | |||
| Market Risk Adjusted Performance | (3.12) | |||
| Mean Deviation | 7.05 | |||
| Coefficient Of Variation | (1,456) | |||
| Standard Deviation | 9.98 | |||
| Variance | 99.65 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.72) | |||
| Total Risk Alpha | (2.27) | |||
| Treynor Ratio | (3.13) | |||
| Maximum Drawdown | 53.33 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 | |||
| Skewness | 0.7084 | |||
| Kurtosis | 1.27 |
Complementary Tools for Medical Pink Sheet analysis
When running Medical Marijuana's price analysis, check to measure Medical Marijuana'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 Medical Marijuana is operating at the current time. Most of Medical Marijuana's value examination focuses on studying past and present price action to predict the probability of Medical Marijuana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medical Marijuana's price. Additionally, you may evaluate how the addition of Medical Marijuana to your portfolios can decrease your overall portfolio volatility.
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