Sokoman Minerals Corp Stock Technical Analysis
SICNF Stock | USD 0.02 0 6.67% |
As of the 26th of November, Sokoman Minerals has the Semi Deviation of 8.19, risk adjusted performance of 0.0092, and Coefficient Of Variation of 1140442.46. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sokoman Minerals Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Sokoman Minerals Corp, which can be compared to its competition. Please validate Sokoman Minerals Corp treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Sokoman Minerals is priced more or less accurately, providing market reflects its prevalent price of 0.024 per share. As Sokoman Minerals Corp appears to be a penny stock we also recommend to double-check its total risk alpha numbers.
Sokoman Minerals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sokoman, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SokomanSokoman |
Sokoman Minerals 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.
Sokoman Minerals Corp Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Sokoman Minerals Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sokoman Minerals Corp Trend Analysis
Use this graph to draw trend lines for Sokoman Minerals Corp. You can use it to identify possible trend reversals for Sokoman Minerals 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 Sokoman Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sokoman Minerals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sokoman Minerals Corp applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Sokoman Minerals Corp 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 Sokoman Minerals price change compared to its average price change.About Sokoman Minerals 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 Sokoman Minerals 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 Sokoman Minerals Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Sokoman Minerals Corp price pattern first instead of the macroeconomic environment surrounding Sokoman Minerals Corp. By analyzing Sokoman Minerals'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 Sokoman Minerals'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 Sokoman Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sokoman Minerals November 26, 2024 Technical Indicators
Most technical analysis of Sokoman 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 Sokoman from various momentum indicators to cycle indicators. When you analyze Sokoman 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 | 0.0092 | |||
Market Risk Adjusted Performance | 0.0142 | |||
Mean Deviation | 6.63 | |||
Semi Deviation | 8.19 | |||
Downside Deviation | 9.84 | |||
Coefficient Of Variation | 1140442.46 | |||
Standard Deviation | 8.79 | |||
Variance | 77.34 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | 0.2487 | |||
Total Risk Alpha | (1.37) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0042 | |||
Maximum Drawdown | 37.33 | |||
Value At Risk | (16.26) | |||
Potential Upside | 14.94 | |||
Downside Variance | 96.84 | |||
Semi Variance | 67.04 | |||
Expected Short fall | (8.42) | |||
Skewness | (0.16) | |||
Kurtosis | (0.11) |
Complementary Tools for Sokoman OTC Stock analysis
When running Sokoman Minerals' price analysis, check to measure Sokoman Minerals' 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 Sokoman Minerals is operating at the current time. Most of Sokoman Minerals' value examination focuses on studying past and present price action to predict the probability of Sokoman Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sokoman Minerals' price. Additionally, you may evaluate how the addition of Sokoman Minerals to your portfolios can decrease your overall portfolio volatility.
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