Metals X Limited Stock Technical Analysis
MLXEF Stock | USD 0.25 0.02 7.41% |
As of the 27th of November, Metals X secures the Mean Deviation of 3.34, risk adjusted performance of 0.0151, and Downside Deviation of 8.81. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Metals X Limited, as well as the relationship between them. Please verify Metals X Limited information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Metals X Limited is priced some-what accurately, providing market reflects its recent price of 0.25 per share. As Metals X Limited appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.
Metals X Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Metals, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MetalsMetals |
Metals X 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.
Metals X Limited 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 Metals X Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Metals X Limited Trend Analysis
Use this graph to draw trend lines for Metals X Limited. You can use it to identify possible trend reversals for Metals X 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 Metals X price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Metals X Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Metals X Limited applied against its price change over selected period. The best fit line has a slop of 0.0003 , which means Metals X Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Metals X price change compared to its average price change.About Metals X 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 Metals X Limited 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 Metals X Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Metals X Limited price pattern first instead of the macroeconomic environment surrounding Metals X Limited. By analyzing Metals X'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 Metals X'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 Metals X specific price patterns or momentum indicators. Please read more on our technical analysis page.
Metals X November 27, 2024 Technical Indicators
Most technical analysis of Metals 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 Metals from various momentum indicators to cycle indicators. When you analyze Metals 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 | 0.0151 | |||
Market Risk Adjusted Performance | 0.0376 | |||
Mean Deviation | 3.34 | |||
Semi Deviation | 4.49 | |||
Downside Deviation | 8.81 | |||
Coefficient Of Variation | 11878.44 | |||
Standard Deviation | 5.83 | |||
Variance | 33.96 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.87) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0276 | |||
Maximum Drawdown | 34.71 | |||
Value At Risk | (10.71) | |||
Potential Upside | 12.5 | |||
Downside Variance | 77.59 | |||
Semi Variance | 20.12 | |||
Expected Short fall | (7.40) | |||
Skewness | 0.446 | |||
Kurtosis | 2.48 |
Complementary Tools for Metals Pink Sheet analysis
When running Metals X's price analysis, check to measure Metals X'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 Metals X is operating at the current time. Most of Metals X's value examination focuses on studying past and present price action to predict the probability of Metals X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metals X's price. Additionally, you may evaluate how the addition of Metals X to your portfolios can decrease your overall portfolio volatility.
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