X2M Connect (Australia) Technical Analysis
| X2M Stock | 0.03 0 3.03% |
As of the 25th of November, X2M Connect maintains the Risk Adjusted Performance of (0.13), mean deviation of 0.9472, and Standard Deviation of 1.79. In connection with fundamental indicators, the technical analysis model lets you check possible technical drivers of X2M Connect, as well as the relationship between them.
X2M Connect Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as X2M, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to X2MX2M |
X2M Connect technical 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, stock market cycles, or different charting patterns.
X2M Connect 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 X2M Connect volatility. High ATR values indicate high volatility, and low values indicate low volatility.
X2M Connect Trend Analysis
Use this graph to draw trend lines for X2M Connect. You can use it to identify possible trend reversals for X2M Connect 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 X2M Connect price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.X2M Connect Best Fit Change Line
The following chart estimates an ordinary least squares regression model for X2M Connect applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that X2M Connect 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 X2M Connect price change compared to its average price change.About X2M Connect 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 X2M Connect 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 X2M Connect based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on X2M Connect price pattern first instead of the macroeconomic environment surrounding X2M Connect. By analyzing X2M Connect'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 X2M Connect'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 X2M Connect specific price patterns or momentum indicators. Please read more on our technical analysis page.
X2M Connect November 25, 2024 Technical Indicators
Most technical analysis of X2M 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 X2M from various momentum indicators to cycle indicators. When you analyze X2M 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 | (0.13) | |||
| Market Risk Adjusted Performance | (0.93) | |||
| Mean Deviation | 0.9472 | |||
| Coefficient Of Variation | (555.80) | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.2 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.94) | |||
| Maximum Drawdown | 13.82 | |||
| Value At Risk | (3.03) | |||
| Skewness | 0.4572 | |||
| Kurtosis | 9.12 |
Additional Tools for X2M Stock Analysis
When running X2M Connect's price analysis, check to measure X2M Connect'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 X2M Connect is operating at the current time. Most of X2M Connect's value examination focuses on studying past and present price action to predict the probability of X2M Connect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move X2M Connect's price. Additionally, you may evaluate how the addition of X2M Connect to your portfolios can decrease your overall portfolio volatility.