Royale Energy Stock Technical Analysis
ROYLDelisted Stock | USD 0.06 0.00 0.00% |
As of the 29th of November, Royale Energy holds the Coefficient Of Variation of 1398.1, risk adjusted performance of 0.0643, and Semi Deviation of 9.55. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Royale Energy, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Royale Energy, which can be compared to its competitors. Please check Royale Energy market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Royale Energy is priced some-what accurately, providing market reflects its current price of 0.0611 per share. As Royale Energy appears to be a penny stock we also advise to check out its total risk alpha numbers.
Royale Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Royale, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RoyaleRoyale |
Royale Energy technical otc 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, otc market cycles, or different charting patterns.
Royale Energy Technical Analysis
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Royale Energy Trend Analysis
Use this graph to draw trend lines for Royale Energy. You can use it to identify possible trend reversals for Royale Energy 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 Royale Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Royale Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Royale Energy applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Royale Energy market price will keep on failing further. It has 118 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Royale Energy price change compared to its average price change.About Royale Energy 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 Royale Energy 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 Royale Energy based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Royale Energy price pattern first instead of the macroeconomic environment surrounding Royale Energy. By analyzing Royale Energy'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 Royale Energy'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 Royale Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Royale Energy November 29, 2024 Technical Indicators
Most technical analysis of Royale 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 Royale from various momentum indicators to cycle indicators. When you analyze Royale 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 | 0.0643 | |||
Market Risk Adjusted Performance | (0.77) | |||
Mean Deviation | 8.09 | |||
Semi Deviation | 9.55 | |||
Downside Deviation | 23.28 | |||
Coefficient Of Variation | 1398.1 | |||
Standard Deviation | 14.91 | |||
Variance | 222.16 | |||
Information Ratio | 0.0631 | |||
Jensen Alpha | 1.21 | |||
Total Risk Alpha | (1.19) | |||
Sortino Ratio | 0.0404 | |||
Treynor Ratio | (0.78) | |||
Maximum Drawdown | 83.33 | |||
Value At Risk | (28.57) | |||
Potential Upside | 40.0 | |||
Downside Variance | 542.09 | |||
Semi Variance | 91.18 | |||
Expected Short fall | (24.52) | |||
Skewness | 1.03 | |||
Kurtosis | 4.0 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Royale OTC Stock
If you are still planning to invest in Royale Energy 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 Royale Energy's history and understand the potential risks before investing.
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