As of 22 of September Cardiex Ltd shows Mean Deviation of 2.72 and Risk Adjusted Performance of 0.1387. Cardiex Ltd 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 future prices. In plain English 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 found nineteen technical drivers for Cardiex Ltd which can be compared to its rivals. Please confirm Cardiex LtdJensen Alpha and the relationship between Value At Risk and Kurtosis to decide if Cardiex Ltd is priced correctly providing market reflects its regular price of 0.025 per share. As Cardiex Ltd appears to be a penny stock we also recommend to validate its Total Risk Alpha numbers.
The output start index for this execution was twelve with a total number of output elements of thirty-six. 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 Cardiex Ltd volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Cardiex Ltd Trend Analysis
Use this graph to draw trend lines for Cardiex Ltd. You can use it to identify possible trend reversals for Cardiex Ltd 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 Cardiex Ltd price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Cardiex Ltd Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cardiex Ltd applied against its price change over selected period. The best fit line has a slop of 0.00020625 % which means Cardiex Ltd will continue generating value for investors. It has 96 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Cardiex Ltd price change compared to its average price change.
Cardiex Ltd September 22, 2019 Technical Indicators