Norsemont Mining Stock Technical Analysis
| NRRSF Stock | USD 0.12 0.01 7.69% |
As of the 31st of January, Norsemont Mining secures the Risk Adjusted Performance of (0.09), mean deviation of 4.05, and Standard Deviation of 6.21. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Norsemont Mining, as well as the relationship between them. Please verify Norsemont Mining risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Norsemont Mining is priced some-what accurately, providing market reflects its recent price of 0.12 per share. As Norsemont Mining appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.
Norsemont Mining Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Norsemont, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorsemontNorsemont |
Norsemont Mining 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.
Norsemont Mining Technical Analysis
The output start index for this execution was fourty-five with a total number of output elements of sixteen. 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 Norsemont Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Norsemont Mining Trend Analysis
Use this graph to draw trend lines for Norsemont Mining. You can use it to identify possible trend reversals for Norsemont Mining 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 Norsemont Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Norsemont Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Norsemont Mining applied against its price change over selected period. The best fit line has a slop of 0.0018 , which may suggest that Norsemont Mining market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.12, which is the sum of squared deviations for the predicted Norsemont Mining price change compared to its average price change.About Norsemont Mining 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 Norsemont Mining 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 Norsemont Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Norsemont Mining price pattern first instead of the macroeconomic environment surrounding Norsemont Mining. By analyzing Norsemont Mining'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 Norsemont Mining'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 Norsemont Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
Norsemont Mining January 31, 2025 Technical Indicators
Most technical analysis of Norsemont 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 Norsemont from various momentum indicators to cycle indicators. When you analyze Norsemont 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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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (5.10) | |||
| Mean Deviation | 4.05 | |||
| Coefficient Of Variation | (860.79) | |||
| Standard Deviation | 6.21 | |||
| Variance | 38.62 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (1.40) | |||
| Treynor Ratio | (5.11) | |||
| Maximum Drawdown | 32.47 | |||
| Value At Risk | (13.64) | |||
| Potential Upside | 8.33 | |||
| Skewness | 0.0986 | |||
| Kurtosis | 1.76 |
Complementary Tools for Norsemont Pink Sheet analysis
When running Norsemont Mining's price analysis, check to measure Norsemont Mining'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 Norsemont Mining is operating at the current time. Most of Norsemont Mining's value examination focuses on studying past and present price action to predict the probability of Norsemont Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norsemont Mining's price. Additionally, you may evaluate how the addition of Norsemont Mining to your portfolios can decrease your overall portfolio volatility.
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