Zijin Mining Group Stock Technical Analysis
ZIJMF Stock | USD 1.93 0.07 3.50% |
As of the 26th of November, Zijin Mining maintains the Market Risk Adjusted Performance of (0.07), mean deviation of 1.94, and Downside Deviation of 4.75. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zijin Mining Group, as well as the relationship between them. Please check out Zijin Mining Group treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Zijin Mining Group is priced fairly, providing market reflects its latest price of 1.93 per share. Please also validate Zijin Mining Group total risk alpha, which is currently at (0.47) to confirm the company can sustain itself at a future point.
Zijin Mining Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zijin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZijinZijin |
Zijin Mining 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.
Zijin Mining Group Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Zijin Mining Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Zijin Mining Group Trend Analysis
Use this graph to draw trend lines for Zijin Mining Group. You can use it to identify possible trend reversals for Zijin Mining 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 Zijin Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Zijin Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Zijin Mining Group applied against its price change over selected period. The best fit line has a slop of 0 , which means Zijin Mining Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Zijin Mining price change compared to its average price change.About Zijin Mining 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 Zijin Mining Group 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 Zijin Mining Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zijin Mining Group price pattern first instead of the macroeconomic environment surrounding Zijin Mining Group. By analyzing Zijin Mining'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 Zijin Mining'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 Zijin Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
Zijin Mining November 26, 2024 Technical Indicators
Most technical analysis of Zijin 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 Zijin from various momentum indicators to cycle indicators. When you analyze Zijin 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 | 0.0259 | |||
Market Risk Adjusted Performance | (0.07) | |||
Mean Deviation | 1.94 | |||
Semi Deviation | 2.73 | |||
Downside Deviation | 4.75 | |||
Coefficient Of Variation | 4224.41 | |||
Standard Deviation | 3.42 | |||
Variance | 11.67 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | 0.1738 | |||
Total Risk Alpha | (0.47) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.08) | |||
Maximum Drawdown | 21.8 | |||
Value At Risk | (5.24) | |||
Potential Upside | 5.58 | |||
Downside Variance | 22.57 | |||
Semi Variance | 7.44 | |||
Expected Short fall | (3.29) | |||
Skewness | 0.3759 | |||
Kurtosis | 3.65 |
Complementary Tools for Zijin Pink Sheet analysis
When running Zijin Mining's price analysis, check to measure Zijin Mining'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 Zijin Mining is operating at the current time. Most of Zijin Mining's value examination focuses on studying past and present price action to predict the probability of Zijin Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zijin Mining's price. Additionally, you may evaluate how the addition of Zijin Mining to your portfolios can decrease your overall portfolio volatility.
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