Enertopia Corporation Stock Technical Analysis
| ENRT Stock | USD 0.02 0 16.67% |
As of the 16th of April 2024, Enertopia Corporatio shows the Mean Deviation of 7.86, variance of 121.32, and Standard Deviation of 11.01. Enertopia Corporatio technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Enertopia Corporation, which can be compared to its peers. Please confirm Enertopia Corporatio mean deviation and maximum drawdown to decide if Enertopia Corporatio is priced favorably, providing market reflects its regular price of 0.016 per share. As Enertopia Corporatio appears to be a penny stock we also advise to verify its jensen alpha numbers.
Enertopia Corporatio Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Enertopia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EnertopiaEnertopia |
Enertopia Corporatio technical otc 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, otc market cycles, or different charting patterns.
Enertopia Corporatio Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Enertopia Corporatio volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Enertopia Corporatio Trend Analysis
Use this graph to draw trend lines for Enertopia Corporation. You can use it to identify possible trend reversals for Enertopia Corporatio 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 Enertopia Corporatio price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Enertopia Corporatio Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Enertopia Corporation applied against its price change over selected period. The best fit line has a slop of 0.00000485 , which means Enertopia Corporation 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 Enertopia Corporatio price change compared to its average price change.About Enertopia Corporatio 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 Enertopia Corporation 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 Enertopia Corporation based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Enertopia Corporatio price pattern first instead of the macroeconomic environment surrounding Enertopia Corporatio. By analyzing Enertopia Corporatio'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 Enertopia Corporatio'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 Enertopia Corporatio specific price patterns or momentum indicators. Please read more on our technical analysis page.
Enertopia Corporatio April 16, 2024 Technical Indicators
Most technical analysis of Enertopia 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 Enertopia from various momentum indicators to cycle indicators. When you analyze Enertopia 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 | 0.0087 | |||
| Market Risk Adjusted Performance | (0) | |||
| Mean Deviation | 7.86 | |||
| Coefficient Of Variation | (90,580) | |||
| Standard Deviation | 11.01 | |||
| Variance | 121.32 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 53.53 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 18.24 | |||
| Skewness | 0.2248 | |||
| Kurtosis | 1.14 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enertopia Corporation. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Enertopia OTC Stock analysis
When running Enertopia Corporatio's price analysis, check to measure Enertopia Corporatio'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 Enertopia Corporatio is operating at the current time. Most of Enertopia Corporatio's value examination focuses on studying past and present price action to predict the probability of Enertopia Corporatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enertopia Corporatio's price. Additionally, you may evaluate how the addition of Enertopia Corporatio to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |