Perseus Mining Pink Sheet Forecast - Period Momentum Indicator
| PMNXF Stock | USD 1.47 0.03 2.00% |
Perseus Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Perseus Mining stock prices and determine the direction of Perseus Mining Limited's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Perseus Mining's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Perseus Mining to cross-verify your projections. Perseus |
Most investors in Perseus Mining cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Perseus Mining's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Perseus Mining's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.03) | (0.03) |
| Check Perseus Mining Volatility | Backtest Perseus Mining | Information Ratio |
Perseus Mining Trading Date Momentum
| On May 01 2024 Perseus Mining Limited was traded for 1.47 at the closing time. The highest daily price throughout the period was 1.47 and the lowest price was 1.46 . The daily volume was 7.9 K. The net trading volume on 05/01/2024 did not cause price change. The trading delta at closing time to current closing price is 0.68% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Perseus Mining to competition |
Other Forecasting Options for Perseus Mining
For every potential investor in Perseus, whether a beginner or expert, Perseus Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Perseus Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Perseus. Basic forecasting techniques help filter out the noise by identifying Perseus Mining's price trends.Perseus Mining Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Perseus Mining pink sheet to make a market-neutral strategy. Peer analysis of Perseus Mining could also be used in its relative valuation, which is a method of valuing Perseus Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Perseus Mining Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Perseus Mining's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Perseus Mining's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Perseus Mining Market Strength Events
Market strength indicators help investors to evaluate how Perseus Mining pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Perseus Mining shares will generate the highest return on investment. By undertsting and applying Perseus Mining pink sheet market strength indicators, traders can identify Perseus Mining Limited entry and exit signals to maximize returns.
| Accumulation Distribution | 53.74 | |||
| Daily Balance Of Power | (3.00) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1.47 | |||
| Day Typical Price | 1.47 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
Perseus Mining Risk Indicators
The analysis of Perseus Mining's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Perseus Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting perseus pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.17 | |||
| Semi Deviation | 2.44 | |||
| Standard Deviation | 2.88 | |||
| Variance | 8.27 | |||
| Downside Variance | 10.3 | |||
| Semi Variance | 5.96 | |||
| Expected Short fall | (2.70) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Perseus Mining using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of Perseus Mining to cross-verify your projections. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Perseus Pink Sheet analysis
When running Perseus Mining's price analysis, check to measure Perseus 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 Perseus Mining is operating at the current time. Most of Perseus Mining's value examination focuses on studying past and present price action to predict the probability of Perseus 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 Perseus Mining's price. Additionally, you may evaluate how the addition of Perseus Mining to your portfolios can decrease your overall portfolio volatility.
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