New Pacific Metals Stock Technical Analysis
| NUAG Stock | CAD 2.23 0.02 0.89% |
As of the 1st of December, New Pacific secures the Mean Deviation of 3.02, downside deviation of 3.2, and Risk Adjusted Performance of 0.0586. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Pacific Metals, as well as the relationship between them.
New Pacific Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as New, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewNew |
New Pacific 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.
New Pacific Metals Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 New Pacific Metals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
New Pacific Metals Trend Analysis
Use this graph to draw trend lines for New Pacific Metals. You can use it to identify possible trend reversals for New Pacific 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 New Pacific price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.New Pacific Best Fit Change Line
The following chart estimates an ordinary least squares regression model for New Pacific Metals applied against its price change over selected period. The best fit line has a slop of 0.01 , which means New Pacific Metals will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.58, which is the sum of squared deviations for the predicted New Pacific price change compared to its average price change.About New Pacific 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 New Pacific Metals 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 New Pacific Metals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on New Pacific Metals price pattern first instead of the macroeconomic environment surrounding New Pacific Metals. By analyzing New Pacific'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 New Pacific'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 New Pacific specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | PTB Ratio | 4.5 | 4.73 | Price To Sales Ratio | 593.98 | 564.28 |
New Pacific December 1, 2024 Technical Indicators
Most technical analysis of New 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 New from various momentum indicators to cycle indicators. When you analyze New 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 | 0.0586 | |||
| Market Risk Adjusted Performance | 0.2865 | |||
| Mean Deviation | 3.02 | |||
| Semi Deviation | 3.06 | |||
| Downside Deviation | 3.2 | |||
| Coefficient Of Variation | 1513.59 | |||
| Standard Deviation | 4.02 | |||
| Variance | 16.18 | |||
| Information Ratio | 0.0319 | |||
| Jensen Alpha | 0.1377 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0401 | |||
| Treynor Ratio | 0.2765 | |||
| Maximum Drawdown | 21.79 | |||
| Value At Risk | (4.33) | |||
| Potential Upside | 8.29 | |||
| Downside Variance | 10.24 | |||
| Semi Variance | 9.38 | |||
| Expected Short fall | (3.59) | |||
| Skewness | 0.9351 | |||
| Kurtosis | 1.42 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Pacific Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.