Yorkton Equity Group Stock Technical Analysis

YEG Stock  CAD 0.17  0.02  10.53%   
As of the 24th of April, Yorkton Equity maintains the Market Risk Adjusted Performance of (0.22), mean deviation of 3.49, and Downside Deviation of 14.25. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Yorkton Equity Group, 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 Yorkton Equity Group, which can be compared to its peers. Please check out Yorkton Equity Group jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Yorkton Equity Group is priced fairly, providing market reflects its latest price of 0.17 per share.

Yorkton Equity Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Yorkton, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Yorkton
  
Yorkton Equity's 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.
Yorkton Equity 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 Yorkton Equity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Yorkton Equity 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...

Yorkton Equity Group Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-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 Yorkton Equity Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Yorkton Equity Group Trend Analysis

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

Yorkton Equity Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Yorkton Equity Group applied against its price change over selected period. The best fit line has a slop of   0.0006  , which means Yorkton Equity Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Yorkton Equity price change compared to its average price change.

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

Yorkton Equity April 24, 2024 Technical Indicators

Most technical analysis of Yorkton 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 Yorkton from various momentum indicators to cycle indicators. When you analyze Yorkton 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yorkton Equity Group. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Yorkton Stock analysis

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