Tethys Petroleum Limited Stock Technical Analysis
TETHF Stock | USD 0.63 0.00 0.00% |
As of the 23rd of April, Tethys Petroleum has the Coefficient Of Variation of 1318.35, risk adjusted performance of 0.0557, and Variance of 34.73. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tethys Petroleum, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyze and collected data for thirteen technical drivers for Tethys Petroleum Limited, which can be compared to its competition. Please validate Tethys Petroleum market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Tethys Petroleum is priced more or less accurately, providing market reflects its prevalent price of 0.63 per share. As Tethys Petroleum is a penny stock we also advise to double-check its jensen alpha numbers.
Tethys Petroleum Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tethys, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TethysTethys |
Tethys Petroleum 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.
Tethys Petroleum Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Tethys Petroleum volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tethys Petroleum Trend Analysis
Use this graph to draw trend lines for Tethys Petroleum Limited. You can use it to identify possible trend reversals for Tethys Petroleum 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 Tethys Petroleum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tethys Petroleum Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tethys Petroleum Limited applied against its price change over selected period. The best fit line has a slop of 0 , which means Tethys Petroleum Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.15, which is the sum of squared deviations for the predicted Tethys Petroleum price change compared to its average price change.About Tethys Petroleum 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 Tethys Petroleum Limited 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 Tethys Petroleum Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tethys Petroleum price pattern first instead of the macroeconomic environment surrounding Tethys Petroleum. By analyzing Tethys Petroleum'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 Tethys Petroleum'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 Tethys Petroleum specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tethys Petroleum April 23, 2024 Technical Indicators
Most technical analysis of Tethys 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 Tethys from various momentum indicators to cycle indicators. When you analyze Tethys 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 | 0.0557 | |||
Market Risk Adjusted Performance | (0.33) | |||
Mean Deviation | 2.14 | |||
Coefficient Of Variation | 1318.35 | |||
Standard Deviation | 5.89 | |||
Variance | 34.73 | |||
Information Ratio | 0.0607 | |||
Jensen Alpha | 0.5395 | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | (0.34) | |||
Maximum Drawdown | 53.9 | |||
Value At Risk | (3.75) | |||
Potential Upside | 7.41 | |||
Skewness | 3.05 | |||
Kurtosis | 21.6 |
Tethys Petroleum April 23, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Tethys stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | 0.00 | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 0.63 | ||
Day Typical Price | 0.63 | ||
Price Action Indicator | 0.00 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tethys Petroleum Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Tethys Petroleum information on this page should be used as a complementary analysis to other Tethys Petroleum'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Tethys Pink Sheet analysis
When running Tethys Petroleum's price analysis, check to measure Tethys Petroleum'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 Tethys Petroleum is operating at the current time. Most of Tethys Petroleum's value examination focuses on studying past and present price action to predict the probability of Tethys Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tethys Petroleum's price. Additionally, you may evaluate how the addition of Tethys Petroleum to your portfolios can decrease your overall portfolio volatility.
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