Jaxon Mining Stock Technical Analysis
JAX Stock | CAD 0.02 0.00 0.00% |
As of the 28th of March, Jaxon Mining retains the Standard Deviation of 23.0, risk adjusted performance of 0.0829, and Market Risk Adjusted Performance of (0.92). Jaxon Mining technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate eleven technical drivers for Jaxon Mining, which can be compared to its competitors. Please check out Jaxon Mining market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if Jaxon Mining is priced fairly, providing market reflects its last-minute price of 0.02 per share.
Jaxon 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 Jaxon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JaxonJaxon |
Jaxon Mining technical 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, stock market cycles, or different charting patterns.
Jaxon Mining Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Jaxon Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Jaxon Mining Trend Analysis
Use this graph to draw trend lines for Jaxon Mining. You can use it to identify possible trend reversals for Jaxon 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 Jaxon Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Jaxon Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Jaxon Mining applied against its price change over selected period. The best fit line has a slop of 0.000025 , which means Jaxon 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 Jaxon Mining price change compared to its average price change.About Jaxon 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 Jaxon 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 Jaxon Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Jaxon Mining price pattern first instead of the macroeconomic environment surrounding Jaxon Mining. By analyzing Jaxon 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 Jaxon 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 Jaxon Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
Jaxon Mining March 28, 2024 Technical Indicators
Most technical analysis of Jaxon 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 Jaxon from various momentum indicators to cycle indicators. When you analyze Jaxon 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 | 0.0829 | |||
Market Risk Adjusted Performance | (0.92) | |||
Mean Deviation | 8.82 | |||
Coefficient Of Variation | 759.1 | |||
Standard Deviation | 23.0 | |||
Variance | 529.14 | |||
Information Ratio | 0.1259 | |||
Jensen Alpha | 3.42 | |||
Total Risk Alpha | (2.13) | |||
Treynor Ratio | (0.93) | |||
Maximum Drawdown | 150.0 | |||
Skewness | 3.17 | |||
Kurtosis | 13.79 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jaxon 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 board of governors. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Jaxon Stock analysis
When running Jaxon Mining's price analysis, check to measure Jaxon 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 Jaxon Mining is operating at the current time. Most of Jaxon Mining's value examination focuses on studying past and present price action to predict the probability of Jaxon 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 Jaxon Mining's price. Additionally, you may evaluate how the addition of Jaxon Mining to your portfolios can decrease your overall portfolio volatility.
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