Noble Mineral Exploration Stock Technical Analysis
| NOB Stock | CAD 0.06 0.01 21.43% |
As of the 19th of April, Noble Mineral secures the Risk Adjusted Performance of (0.03), mean deviation of 3.28, and Standard Deviation of 7.01. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Noble Mineral Exploration, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Noble Mineral, which can be compared to its peers in the industry. Please verify Noble Mineral Exploration mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Noble Mineral Exploration is priced some-what accurately, providing market reflects its recent price of 0.055 per share.
Noble Mineral Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Noble, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NobleNoble |
Noble Mineral 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.
Noble Mineral Exploration Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Noble Mineral Exploration volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Noble Mineral Exploration Trend Analysis
Use this graph to draw trend lines for Noble Mineral Exploration. You can use it to identify possible trend reversals for Noble Mineral 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 Noble Mineral price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Noble Mineral Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Noble Mineral Exploration applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that Noble Mineral Exploration 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 Noble Mineral price change compared to its average price change.About Noble Mineral 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 Noble Mineral Exploration 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 Noble Mineral Exploration based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Noble Mineral Exploration price pattern first instead of the macroeconomic environment surrounding Noble Mineral Exploration. By analyzing Noble Mineral'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 Noble Mineral'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 Noble Mineral specific price patterns or momentum indicators. Please read more on our technical analysis page.
Noble Mineral April 19, 2024 Technical Indicators
Most technical analysis of Noble 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 Noble from various momentum indicators to cycle indicators. When you analyze Noble 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 | (0.03) | |||
| Market Risk Adjusted Performance | 1.55 | |||
| Mean Deviation | 3.28 | |||
| Coefficient Of Variation | (1,431) | |||
| Standard Deviation | 7.01 | |||
| Variance | 49.15 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | 1.54 | |||
| Maximum Drawdown | 37.5 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 | |||
| Skewness | (0.54) | |||
| Kurtosis | 4.28 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noble Mineral Exploration. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Noble Stock analysis
When running Noble Mineral's price analysis, check to measure Noble Mineral'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 Noble Mineral is operating at the current time. Most of Noble Mineral's value examination focuses on studying past and present price action to predict the probability of Noble Mineral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noble Mineral's price. Additionally, you may evaluate how the addition of Noble Mineral to your portfolios can decrease your overall portfolio volatility.
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