Comstock Metals Stock Technical Analysis
| CMMMF Stock | USD 0.01 0.00 0.00% |
As of the 25th of May, Comstock Metals shows the Mean Deviation of 0.4459, risk adjusted performance of 0.0786, and Standard Deviation of 1.84. Comstock Metals technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 have collected data for eleven technical drivers for Comstock Metals, which can be compared to its peers. Please confirm Comstock Metals standard deviation and maximum drawdown to decide if Comstock Metals is priced correctly, providing market reflects its regular price of 0.01 per share. As Comstock Metals appears to be a penny stock we also recommend to validate its information ratio numbers.
Comstock Metals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Comstock, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ComstockComstock |
Comstock Metals 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.
Comstock Metals Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Comstock Metals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Comstock Metals Trend Analysis
Use this graph to draw trend lines for Comstock Metals. You can use it to identify possible trend reversals for Comstock Metals 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 Comstock Metals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Comstock Metals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Comstock Metals applied against its price change over selected period. The best fit line has a slop of 0.000032 , which means Comstock Metals 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 Comstock Metals price change compared to its average price change.About Comstock Metals 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 Comstock Metals 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 Comstock Metals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Comstock Metals price pattern first instead of the macroeconomic environment surrounding Comstock Metals. By analyzing Comstock Metals'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 Comstock Metals'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 Comstock Metals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Comstock Metals May 25, 2024 Technical Indicators
Most technical analysis of Comstock 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 Comstock from various momentum indicators to cycle indicators. When you analyze Comstock 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 | 0.0786 | |||
| Market Risk Adjusted Performance | (0.54) | |||
| Mean Deviation | 0.4459 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.38 | |||
| Information Ratio | 0.097 | |||
| Jensen Alpha | 0.2313 | |||
| Total Risk Alpha | 0.0964 | |||
| Treynor Ratio | (0.55) | |||
| Maximum Drawdown | 14.94 | |||
| Skewness | 8.12 | |||
| Kurtosis | 66.0 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Comstock Pink Sheet analysis
When running Comstock Metals' price analysis, check to measure Comstock Metals' 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 Comstock Metals is operating at the current time. Most of Comstock Metals' value examination focuses on studying past and present price action to predict the probability of Comstock Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comstock Metals' price. Additionally, you may evaluate how the addition of Comstock Metals to your portfolios can decrease your overall portfolio volatility.
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