Metro Inc Stock Technical Analysis
| MRU Stock | CAD 89.73 0.74 0.83% |
As of the 22nd of November, Metro secures the Risk Adjusted Performance of 0.1022, mean deviation of 0.6397, and Downside Deviation of 0.8536. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Metro Inc, as well as the relationship between them.
Metro Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Metro, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MetroMetro |
Metro 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.
Metro Inc 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 Metro Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Metro Inc Trend Analysis
Use this graph to draw trend lines for Metro Inc. You can use it to identify possible trend reversals for Metro 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 Metro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Metro Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Metro Inc applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Metro Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 29.41, which is the sum of squared deviations for the predicted Metro price change compared to its average price change.About Metro 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 Metro Inc 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 Metro Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Metro Inc price pattern first instead of the macroeconomic environment surrounding Metro Inc. By analyzing Metro'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 Metro'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 Metro specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0155 | 0.0168 | 0.011 | Price To Sales Ratio | 0.88 | 0.79 | 0.95 |
Metro November 22, 2024 Technical Indicators
Most technical analysis of Metro 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 Metro from various momentum indicators to cycle indicators. When you analyze Metro 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 | 0.1022 | |||
| Market Risk Adjusted Performance | 0.3254 | |||
| Mean Deviation | 0.6397 | |||
| Semi Deviation | 0.7043 | |||
| Downside Deviation | 0.8536 | |||
| Coefficient Of Variation | 753.21 | |||
| Standard Deviation | 0.8426 | |||
| Variance | 0.71 | |||
| Information Ratio | 0.0028 | |||
| Jensen Alpha | 0.0697 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0028 | |||
| Treynor Ratio | 0.3154 | |||
| Maximum Drawdown | 3.55 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.45 | |||
| Downside Variance | 0.7286 | |||
| Semi Variance | 0.4961 | |||
| Expected Short fall | (0.66) | |||
| Skewness | 0.0196 | |||
| Kurtosis | 0.2915 |
Metro November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Metro stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 8,781 | ||
| Daily Balance Of Power | 0.44 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 89.88 | ||
| Day Typical Price | 89.83 | ||
| Price Action Indicator | 0.23 |
Other Information on Investing in Metro Stock
Metro financial ratios help investors to determine whether Metro 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 Metro with respect to the benefits of owning Metro security.