Tectonic Metals Stock Technical Analysis
| TETOF Stock | USD 0.06 0.0008 1.37% |
As of the 25th of April, Tectonic Metals has the Risk Adjusted Performance of (0.02), coefficient of variation of (2,140), and Variance of 57.03. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tectonic Metals, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Tectonic Metals, which can be compared to its competition. Please validate Tectonic Metals coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if Tectonic Metals is priced more or less accurately, providing market reflects its prevalent price of 0.059 per share. As Tectonic Metals appears to be a penny stock we also recommend to double-check its jensen alpha numbers.
Tectonic 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 Tectonic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TectonicTectonic |
Tectonic Metals 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.
Tectonic Metals Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Tectonic Metals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tectonic Metals Trend Analysis
Use this graph to draw trend lines for Tectonic Metals. You can use it to identify possible trend reversals for Tectonic 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 Tectonic Metals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tectonic Metals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tectonic Metals applied against its price change over selected period. The best fit line has a slop of 0.0003 , which may suggest that Tectonic Metals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Tectonic Metals price change compared to its average price change.About Tectonic 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 Tectonic 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 Tectonic Metals based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Tectonic Metals price pattern first instead of the macroeconomic environment surrounding Tectonic Metals. By analyzing Tectonic 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 Tectonic 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 Tectonic Metals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tectonic Metals April 25, 2024 Technical Indicators
Most technical analysis of Tectonic 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 Tectonic from various momentum indicators to cycle indicators. When you analyze Tectonic 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.25) | |||
| Mean Deviation | 4.88 | |||
| Coefficient Of Variation | (2,140) | |||
| Standard Deviation | 7.55 | |||
| Variance | 57.03 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (1.40) | |||
| Treynor Ratio | (0.26) | |||
| Maximum Drawdown | 43.49 | |||
| Value At Risk | (10.03) | |||
| Potential Upside | 8.29 | |||
| Skewness | (0.96) | |||
| Kurtosis | 8.53 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tectonic Metals. 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 persons. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Tectonic OTC Stock analysis
When running Tectonic Metals' price analysis, check to measure Tectonic 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 Tectonic Metals is operating at the current time. Most of Tectonic Metals' value examination focuses on studying past and present price action to predict the probability of Tectonic Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Metals' price. Additionally, you may evaluate how the addition of Tectonic Metals to your portfolios can decrease your overall portfolio volatility.
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