Canadian Overseas Petroleum Stock Technical Analysis
VELXFDelisted Stock | USD 0.02 0.00 0.00% |
As of the 30th of November, Canadian Overseas shows the Standard Deviation of 10.86, mean deviation of 5.94, and Risk Adjusted Performance of (0.08). In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Canadian Overseas, as well as the relationship between them. Please confirm Canadian Overseas market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Canadian Overseas is priced correctly, providing market reflects its regular price of 0.023 per share. As Canadian Overseas appears to be a penny stock we also recommend to validate its jensen alpha numbers.
Canadian Overseas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canadian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanadianCanadian |
Canadian Overseas 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.
Canadian Overseas Technical Analysis
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Canadian Overseas Trend Analysis
Use this graph to draw trend lines for Canadian Overseas Petroleum. You can use it to identify possible trend reversals for Canadian Overseas 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 Canadian Overseas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Canadian Overseas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Canadian Overseas Petroleum applied against its price change over selected period. The best fit line has a slop of 0.0011 , which may suggest that Canadian Overseas Petroleum market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Canadian Overseas price change compared to its average price change.About Canadian Overseas 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 Canadian Overseas Petroleum 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 Canadian Overseas Petroleum based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canadian Overseas price pattern first instead of the macroeconomic environment surrounding Canadian Overseas. By analyzing Canadian Overseas'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 Canadian Overseas'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 Canadian Overseas specific price patterns or momentum indicators. Please read more on our technical analysis page.
Canadian Overseas November 30, 2024 Technical Indicators
Most technical analysis of Canadian 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 Canadian from various momentum indicators to cycle indicators. When you analyze Canadian 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 | (0.08) | |||
Market Risk Adjusted Performance | 1.31 | |||
Mean Deviation | 5.94 | |||
Coefficient Of Variation | (841.60) | |||
Standard Deviation | 10.86 | |||
Variance | 118.05 | |||
Information Ratio | (0.13) | |||
Jensen Alpha | (1.17) | |||
Total Risk Alpha | (3.11) | |||
Treynor Ratio | 1.3 | |||
Maximum Drawdown | 66.72 | |||
Value At Risk | (17.76) | |||
Potential Upside | 19.17 | |||
Skewness | 1.37 | |||
Kurtosis | 5.58 |
Check out World Market Map 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 interest. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Canadian Pink Sheet
If you are still planning to invest in Canadian Overseas 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 Canadian Overseas' history and understand the potential risks before investing.
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