New Wave Holdings Stock Technical Analysis
| TRMNF Stock | USD 0.01 0.01 33.52% |
As of the 24th of November, New Wave secures the Standard Deviation of 28.46, risk adjusted performance of 0.0921, and Mean Deviation of 10.14. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Wave Holdings, as well as the relationship between them. Please verify New Wave Holdings standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if New Wave Holdings is priced some-what accurately, providing market reflects its recent price of 0.0121 per share. As New Wave Holdings appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.
New Wave 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 Wave 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.
New Wave Holdings Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Wave Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
New Wave Holdings Trend Analysis
Use this graph to draw trend lines for New Wave Holdings. You can use it to identify possible trend reversals for New Wave 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 Wave price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.New Wave Best Fit Change Line
The following chart estimates an ordinary least squares regression model for New Wave Holdings applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that New Wave Holdings 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 New Wave price change compared to its average price change.About New Wave 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 Wave Holdings 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 Wave Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on New Wave Holdings price pattern first instead of the macroeconomic environment surrounding New Wave Holdings. By analyzing New Wave'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 Wave'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 Wave specific price patterns or momentum indicators. Please read more on our technical analysis page.
New Wave November 24, 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0921 | |||
| Market Risk Adjusted Performance | 1.07 | |||
| Mean Deviation | 10.14 | |||
| Coefficient Of Variation | 931.59 | |||
| Standard Deviation | 28.46 | |||
| Variance | 809.91 | |||
| Information Ratio | 0.1027 | |||
| Jensen Alpha | 2.7 | |||
| Total Risk Alpha | (1.44) | |||
| Treynor Ratio | 1.06 | |||
| Maximum Drawdown | 252.08 | |||
| Value At Risk | (29.36) | |||
| Potential Upside | 18.18 | |||
| Skewness | 5.3 | |||
| Kurtosis | 36.65 |
Complementary Tools for New Pink Sheet analysis
When running New Wave's price analysis, check to measure New Wave'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 New Wave is operating at the current time. Most of New Wave's value examination focuses on studying past and present price action to predict the probability of New Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Wave's price. Additionally, you may evaluate how the addition of New Wave to your portfolios can decrease your overall portfolio volatility.
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