Polymet Mining Corp Stock Technical Analysis
PLMDelisted Stock | USD 2.08 0.00 0.00% |
As of the 26th of November, Polymet Mining holds the Coefficient Of Variation of 1791.61, risk adjusted performance of 0.0523, and Semi Deviation of 5.09. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Polymet Mining, as well as the relationship between them. Please check Polymet Mining Corp standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Polymet Mining Corp is priced some-what accurately, providing market reflects its current price of 2.08 per share. Please also confirm Polymet Mining Corp total risk alpha, which is currently at (1.97) to check out the company can sustain itself at a future point.
Polymet 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 Polymet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PolymetPolymet |
Polymet Mining 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, delisted stock market cycles, or different charting patterns.
Polymet Mining Corp Technical Analysis
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Polymet Mining Corp Trend Analysis
Use this graph to draw trend lines for Polymet Mining Corp. You can use it to identify possible trend reversals for Polymet 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 Polymet Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Polymet Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Polymet Mining Corp applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that Polymet Mining Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.4, which is the sum of squared deviations for the predicted Polymet Mining price change compared to its average price change.About Polymet 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 Polymet Mining Corp 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 Polymet Mining Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Polymet Mining Corp price pattern first instead of the macroeconomic environment surrounding Polymet Mining Corp. By analyzing Polymet 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 Polymet 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 Polymet Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
Polymet Mining November 26, 2024 Technical Indicators
Most technical analysis of Polymet 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 Polymet from various momentum indicators to cycle indicators. When you analyze Polymet 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 | 0.0523 | |||
Market Risk Adjusted Performance | 0.372 | |||
Mean Deviation | 5.9 | |||
Semi Deviation | 5.09 | |||
Downside Deviation | 6.01 | |||
Coefficient Of Variation | 1791.61 | |||
Standard Deviation | 19.68 | |||
Variance | 387.45 | |||
Information Ratio | 0.0493 | |||
Jensen Alpha | 0.7319 | |||
Total Risk Alpha | (1.97) | |||
Sortino Ratio | 0.1613 | |||
Treynor Ratio | 0.362 | |||
Maximum Drawdown | 155.69 | |||
Value At Risk | (7.83) | |||
Potential Upside | 6.67 | |||
Downside Variance | 36.16 | |||
Semi Variance | 25.88 | |||
Expected Short fall | (10.71) | |||
Skewness | 7.26 | |||
Kurtosis | 57.03 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Polymet Stock
If you are still planning to invest in Polymet Mining Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Polymet Mining's history and understand the potential risks before investing.
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