ZincX Resources (Germany) Technical Analysis

M9R Stock  EUR 0.04  0  6.58%   
As of the 25th of April, ZincX Resources maintains the Market Risk Adjusted Performance of 0.2316, mean deviation of 12.61, and Downside Deviation of 19.25. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of ZincX Resources Corp, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for ZincX Resources Corp, which can be compared to its peers. Please check out ZincX Resources Corp value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if ZincX Resources Corp is priced fairly, providing market reflects its latest price of 0.0355 per share.

ZincX Resources Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ZincX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZincX
  
ZincX Resources' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
ZincX Resources 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.
A focus of ZincX Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ZincX Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

ZincX Resources Corp Technical Analysis

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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 ZincX Resources Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ZincX Resources Corp Trend Analysis

Use this graph to draw trend lines for ZincX Resources Corp. You can use it to identify possible trend reversals for ZincX Resources 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 ZincX Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ZincX Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ZincX Resources Corp applied against its price change over selected period. The best fit line has a slop of   0.000043  , which means ZincX Resources Corp 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 ZincX Resources price change compared to its average price change.

About ZincX Resources 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 ZincX Resources Corp 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 ZincX Resources Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ZincX Resources Corp price pattern first instead of the macroeconomic environment surrounding ZincX Resources Corp. By analyzing ZincX Resources'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 ZincX Resources'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 ZincX Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.

ZincX Resources April 25, 2024 Technical Indicators

Most technical analysis of ZincX 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 ZincX from various momentum indicators to cycle indicators. When you analyze ZincX 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ZincX Resources Corp. 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for ZincX Stock analysis

When running ZincX Resources' price analysis, check to measure ZincX Resources' 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 ZincX Resources is operating at the current time. Most of ZincX Resources' value examination focuses on studying past and present price action to predict the probability of ZincX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZincX Resources' price. Additionally, you may evaluate how the addition of ZincX Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ZincX Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if ZincX Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZincX Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.