Ultra Resources Stock Technical Analysis
| ULTXF Stock | USD 0.01 0.00 0.00% |
As of the 26th of November, Ultra Resources has the Coefficient Of Variation of 1246.41, risk adjusted performance of 0.071, and Variance of 802.45. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ultra Resources, 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 have analyzed and interpolated thirteen technical drivers for Ultra Resources, which can be compared to its competition. Please validate Ultra Resources market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Ultra Resources is priced more or less accurately, providing market reflects its prevalent price of 0.01 per share. As Ultra Resources appears to be a penny stock we also recommend to double-check its jensen alpha numbers.
Ultra Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ultra, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UltraUltra |
Ultra Resources 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.
Ultra Resources 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 Ultra Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ultra Resources Trend Analysis
Use this graph to draw trend lines for Ultra Resources. You can use it to identify possible trend reversals for Ultra Resources 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 Ultra Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ultra Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ultra Resources applied against its price change over selected period. The best fit line has a slop of 0.000016 , which means Ultra Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Ultra Resources price change compared to its average price change.About Ultra Resources 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 Ultra Resources 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 Ultra Resources based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Ultra Resources price pattern first instead of the macroeconomic environment surrounding Ultra Resources. By analyzing Ultra Resources'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 Ultra Resources'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 Ultra Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ultra Resources November 26, 2024 Technical Indicators
Most technical analysis of Ultra 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 Ultra from various momentum indicators to cycle indicators. When you analyze Ultra 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 | 0.071 | |||
| Market Risk Adjusted Performance | (0.37) | |||
| Mean Deviation | 11.85 | |||
| Coefficient Of Variation | 1246.41 | |||
| Standard Deviation | 28.33 | |||
| Variance | 802.45 | |||
| Information Ratio | 0.0757 | |||
| Jensen Alpha | 2.96 | |||
| Total Risk Alpha | (2.13) | |||
| Treynor Ratio | (0.38) | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 | |||
| Skewness | 2.11 | |||
| Kurtosis | 7.39 |
Complementary Tools for Ultra OTC Stock analysis
When running Ultra Resources' price analysis, check to measure Ultra Resources' 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 Ultra Resources is operating at the current time. Most of Ultra Resources' value examination focuses on studying past and present price action to predict the probability of Ultra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Resources' price. Additionally, you may evaluate how the addition of Ultra Resources to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |