Philex Mining Stock Technical Analysis
| PXMFF Stock | USD 0.05 0.00 0.00% |
As of the 15th of April 2024, Philex Mining holds the Risk Adjusted Performance of 0.0473, variance of 108.27, and Coefficient Of Variation of 1632.69. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Philex Mining, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for eleven technical drivers for Philex Mining, which can be compared to its competitors. Please check Philex Mining standard deviation and maximum drawdown to decide if Philex Mining is priced some-what accurately, providing market reflects its current price of 0.05 per share. As Philex Mining appears to be a penny stock we also advise to check out its information ratio numbers.
Philex 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 Philex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PhilexPhilex |
Philex 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.
Philex Mining Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 Philex Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Philex Mining Trend Analysis
Use this graph to draw trend lines for Philex Mining. You can use it to identify possible trend reversals for Philex 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 Philex Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Philex Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Philex Mining applied against its price change over selected period. The best fit line has a slop of 0.0002 , which means Philex Mining will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Philex Mining price change compared to its average price change.About Philex 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 Philex Mining 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 Philex Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Philex Mining price pattern first instead of the macroeconomic environment surrounding Philex Mining. By analyzing Philex 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 Philex 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 Philex Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
Philex Mining April 15, 2024 Technical Indicators
Most technical analysis of Philex 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 Philex from various momentum indicators to cycle indicators. When you analyze Philex 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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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0473 | |||
| Market Risk Adjusted Performance | (0.55) | |||
| Mean Deviation | 2.98 | |||
| Coefficient Of Variation | 1632.69 | |||
| Standard Deviation | 10.41 | |||
| Variance | 108.27 | |||
| Information Ratio | 0.0537 | |||
| Jensen Alpha | 0.704 | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.56) | |||
| Maximum Drawdown | 66.67 | |||
| Skewness | 3.23 | |||
| Kurtosis | 28.81 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philex Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Philex Mining information on this page should be used as a complementary analysis to other Philex Mining's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Philex Pink Sheet analysis
When running Philex Mining's price analysis, check to measure Philex 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 Philex Mining is operating at the current time. Most of Philex Mining's value examination focuses on studying past and present price action to predict the probability of Philex 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 Philex Mining's price. Additionally, you may evaluate how the addition of Philex Mining to your portfolios can decrease your overall portfolio volatility.
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