Mills Music Trust Stock Technical Analysis
| MMTRS Stock | USD 37.00 0.00 0.00% |
As of the 22nd of November, Mills Music secures the Mean Deviation of 1.41, downside deviation of 8.39, and Risk Adjusted Performance of 0.0381. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mills Music Trust, as well as the relationship between them. Please verify Mills Music Trust coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Mills Music Trust is priced some-what accurately, providing market reflects its recent price of 37.0 per share. Given that Mills Music Trust has jensen alpha of 0.0888, we recommend you to check Mills Music's last-minute market performance to make sure the company can sustain itself at a future point.
Mills Music Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mills, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MillsMills |
Mills Music 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.
Mills Music Trust Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Mills Music Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mills Music Trust Trend Analysis
Use this graph to draw trend lines for Mills Music Trust. You can use it to identify possible trend reversals for Mills Music 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 Mills Music price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mills Music Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mills Music Trust applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Mills Music Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 64.25, which is the sum of squared deviations for the predicted Mills Music price change compared to its average price change.About Mills Music 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 Mills Music Trust 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 Mills Music Trust based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mills Music Trust price pattern first instead of the macroeconomic environment surrounding Mills Music Trust. By analyzing Mills Music'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 Mills Music'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 Mills Music specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mills Music November 22, 2024 Technical Indicators
Most technical analysis of Mills 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 Mills from various momentum indicators to cycle indicators. When you analyze Mills 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0381 | |||
| Market Risk Adjusted Performance | 0.2555 | |||
| Mean Deviation | 1.41 | |||
| Semi Deviation | 2.97 | |||
| Downside Deviation | 8.39 | |||
| Coefficient Of Variation | 2540.91 | |||
| Standard Deviation | 4.05 | |||
| Variance | 16.4 | |||
| Information Ratio | 0.0123 | |||
| Jensen Alpha | 0.0888 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0059 | |||
| Treynor Ratio | 0.2455 | |||
| Maximum Drawdown | 42.86 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 3.86 | |||
| Downside Variance | 70.46 | |||
| Semi Variance | 8.81 | |||
| Expected Short fall | (4.40) | |||
| Skewness | 0.2794 | |||
| Kurtosis | 23.52 |
Additional Tools for Mills Pink Sheet Analysis
When running Mills Music's price analysis, check to measure Mills Music'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 Mills Music is operating at the current time. Most of Mills Music's value examination focuses on studying past and present price action to predict the probability of Mills Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mills Music's price. Additionally, you may evaluate how the addition of Mills Music to your portfolios can decrease your overall portfolio volatility.