Nova Mentis Life Stock Technical Analysis
| NMLSF Stock | USD 0.03 0 10.80% |
As of the 27th of November, Nova Mentis secures the Downside Deviation of 28.22, risk adjusted performance of 0.0945, and Mean Deviation of 14.51. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nova Mentis Life, as well as the relationship between them. Please verify Nova Mentis Life jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Nova Mentis Life is priced some-what accurately, providing market reflects its recent price of 0.0277 per share. As Nova Mentis Life appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.
Nova Mentis Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nova, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NovaNova |
Nova Mentis 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.
Nova Mentis Life 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 Nova Mentis Life volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nova Mentis Life Trend Analysis
Use this graph to draw trend lines for Nova Mentis Life. You can use it to identify possible trend reversals for Nova Mentis 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 Nova Mentis price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nova Mentis Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nova Mentis Life applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Nova Mentis Life 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 Nova Mentis price change compared to its average price change.About Nova Mentis 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 Nova Mentis Life 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 Nova Mentis Life based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nova Mentis Life price pattern first instead of the macroeconomic environment surrounding Nova Mentis Life. By analyzing Nova Mentis'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 Nova Mentis'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 Nova Mentis specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nova Mentis November 27, 2024 Technical Indicators
Most technical analysis of Nova 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 Nova from various momentum indicators to cycle indicators. When you analyze Nova 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 | 0.0945 | |||
| Market Risk Adjusted Performance | 3.97 | |||
| Mean Deviation | 14.51 | |||
| Semi Deviation | 16.89 | |||
| Downside Deviation | 28.22 | |||
| Coefficient Of Variation | 901.67 | |||
| Standard Deviation | 26.51 | |||
| Variance | 702.98 | |||
| Information Ratio | 0.106 | |||
| Jensen Alpha | 2.84 | |||
| Total Risk Alpha | (1.25) | |||
| Sortino Ratio | 0.0996 | |||
| Treynor Ratio | 3.96 | |||
| Maximum Drawdown | 179.73 | |||
| Value At Risk | (32.58) | |||
| Potential Upside | 46.77 | |||
| Downside Variance | 796.18 | |||
| Semi Variance | 285.14 | |||
| Expected Short fall | (26.77) | |||
| Skewness | 1.34 | |||
| Kurtosis | 6.46 |
Complementary Tools for Nova Pink Sheet analysis
When running Nova Mentis' price analysis, check to measure Nova Mentis' 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 Nova Mentis is operating at the current time. Most of Nova Mentis' value examination focuses on studying past and present price action to predict the probability of Nova Mentis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Mentis' price. Additionally, you may evaluate how the addition of Nova Mentis to your portfolios can decrease your overall portfolio volatility.
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