MTL Technical Analysis
| MTL Crypto | USD 1.35 0.10 8.00% |
As of the 24th of November, MTL secures the mean deviation of 3.85, and Risk Adjusted Performance of 0.0803. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MTL, as well as the relationship between them.
MTL Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MTL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MTLMTL |
MTL technical crypto coin 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, crypto market cycles, or different charting patterns.
MTL Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 MTL volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MTL Trend Analysis
Use this graph to draw trend lines for MTL. You can use it to identify possible trend reversals for MTL 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 MTL price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MTL Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MTL applied against its price change over selected period. The best fit line has a slop of 0 , which means MTL will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.67, which is the sum of squared deviations for the predicted MTL price change compared to its average price change.About MTL 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 MTL 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 MTL based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on MTL price pattern first instead of the macroeconomic environment surrounding MTL. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of MTL's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to MTL specific price patterns or momentum indicators.
MTL November 24, 2024 Technical Indicators
Most technical analysis of MTL 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 MTL from various momentum indicators to cycle indicators. When you analyze MTL 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 | 0.0803 | |||
| Market Risk Adjusted Performance | 0.5437 | |||
| Mean Deviation | 3.85 | |||
| Semi Deviation | 4.67 | |||
| Downside Deviation | 5.6 | |||
| Coefficient Of Variation | 1070.21 | |||
| Standard Deviation | 5.52 | |||
| Variance | 30.45 | |||
| Information Ratio | 0.0697 | |||
| Jensen Alpha | 0.3912 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0688 | |||
| Treynor Ratio | 0.5337 | |||
| Maximum Drawdown | 25.43 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 9.3 | |||
| Downside Variance | 31.32 | |||
| Semi Variance | 21.84 | |||
| Expected Short fall | (4.75) | |||
| Skewness | 0.2867 | |||
| Kurtosis | 1.68 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MTL. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.