IMX Resource technical analysis makes it possible for you to employ historical prices
and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers
for IMX Resources Limited which can be compared to its competitors. Please check out IMX Resources Limited Treynor Ratio
, Value At Risk
, Downside Variance
, as well as the relationship
between Maximum Drawdown
and Potential Upside
to decide if IMX Resource is priced correctly providing market reflects its last-minute price of 0.055 per share. Use IMX Resources Limited (#AU000000IXR2AU) technical analysis together with your other stock asset holdings to enhance returns of your portfolios as well as to check it against diversification policy that fits your risk preferences.
Use this graph to draw trend lines for IMX Resources Limited. You can use it to identify possible trend reversals for IMX Resource 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 IMX Resource price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
IMX Resource Best Fit Change Line
The following chart estimates an ordinary least squares regression model for IMX Resources Limited applied against its price change over selected period. The best fit line has a slop of 0.00 %
. It has 44 observation points and regression sum of squers of 0.0 which is sum of squared deviations of the predicted IMX Resource price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||IMX Resource || |
IMX Resource has a best fit line with a correlation coefficient of 0.0. and coefficient of determination of 0.0. Note, that the company has price-to-book (p/b) ratio of 0.41.