Zincx Resources Corp Stock Technical Analysis
| ZNX Stock | CAD 0.08 0.01 11.11% |
As of the 30th of November, ZincX Resources maintains the Standard Deviation of 4.17, market risk adjusted performance of 0.2227, and Mean Deviation of 1.6. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of ZincX Resources Corp, as well as the relationship between them. Please check out ZincX Resources Corp risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if ZincX Resources Corp is priced fairly, providing market reflects its latest price of 0.08 per share.
ZincX 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 ZincX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZincXZincX |
ZincX Resources 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.
ZincX Resources Corp Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 ZincX Resources Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ZincX Resources Corp Trend Analysis
Use this graph to draw trend lines for ZincX Resources Corp. You can use it to identify possible trend reversals for ZincX 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 ZincX Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ZincX Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ZincX Resources Corp applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that ZincX Resources Corp 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 ZincX Resources price change compared to its average price change.About ZincX 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 ZincX Resources Corp 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 ZincX Resources Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ZincX Resources Corp price pattern first instead of the macroeconomic environment surrounding ZincX Resources Corp. By analyzing ZincX 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 ZincX 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 ZincX Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
ZincX Resources November 30, 2024 Technical Indicators
Most technical analysis of ZincX 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 ZincX from various momentum indicators to cycle indicators. When you analyze ZincX 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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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 0.2227 | |||
| Mean Deviation | 1.6 | |||
| Coefficient Of Variation | (4,501) | |||
| Standard Deviation | 4.17 | |||
| Variance | 17.37 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | 0.2127 | |||
| Maximum Drawdown | 23.61 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 11.11 | |||
| Skewness | 0.1859 | |||
| Kurtosis | 4.98 |
Additional Tools for ZincX Stock Analysis
When running ZincX Resources' price analysis, check to measure ZincX 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 ZincX Resources is operating at the current time. Most of ZincX Resources' value examination focuses on studying past and present price action to predict the probability of ZincX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZincX Resources' price. Additionally, you may evaluate how the addition of ZincX Resources to your portfolios can decrease your overall portfolio volatility.