Atex Resources Stock Technical Analysis
| ATX Stock | CAD 4.34 0.43 11.00% |
As of the 24th of January, ATEX Resources shows the Risk Adjusted Performance of 0.1802, mean deviation of 2.43, and Downside Deviation of 3.15. ATEX Resources 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's future prices. Please confirm ATEX Resources jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if ATEX Resources is priced favorably, providing market reflects its regular price of 4.34 per share.
ATEX 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 ATEX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ATEXATEX |
ATEX Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ATEX Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ATEX Resources.
| 10/26/2025 |
| 01/24/2026 |
If you would invest 0.00 in ATEX Resources on October 26, 2025 and sell it all today you would earn a total of 0.00 from holding ATEX Resources or generate 0.0% return on investment in ATEX Resources over 90 days. ATEX Resources is related to or competes with Rusoro Mining, Probe Gold, New Found, Omai Gold, Amaroq Minerals, Thor Explorations, and Osisko Development. ATEX Resources Inc. engages in the exploration and evaluation of mineral properties in South America More
ATEX Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ATEX Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ATEX Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.15 | |||
| Information Ratio | 0.2144 | |||
| Maximum Drawdown | 22.94 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 5.44 |
ATEX Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATEX Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATEX Resources' standard deviation. In reality, there are many statistical measures that can use ATEX Resources historical prices to predict the future ATEX Resources' volatility.| Risk Adjusted Performance | 0.1802 | |||
| Jensen Alpha | 0.8785 | |||
| Total Risk Alpha | 0.5273 | |||
| Sortino Ratio | 0.2583 | |||
| Treynor Ratio | 23.01 |
ATEX Resources January 24, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1802 | |||
| Market Risk Adjusted Performance | 23.02 | |||
| Mean Deviation | 2.43 | |||
| Semi Deviation | 2.01 | |||
| Downside Deviation | 3.15 | |||
| Coefficient Of Variation | 425.37 | |||
| Standard Deviation | 3.79 | |||
| Variance | 14.37 | |||
| Information Ratio | 0.2144 | |||
| Jensen Alpha | 0.8785 | |||
| Total Risk Alpha | 0.5273 | |||
| Sortino Ratio | 0.2583 | |||
| Treynor Ratio | 23.01 | |||
| Maximum Drawdown | 22.94 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 5.44 | |||
| Downside Variance | 9.9 | |||
| Semi Variance | 4.05 | |||
| Expected Short fall | (2.66) | |||
| Skewness | 1.69 | |||
| Kurtosis | 6.64 |
ATEX Resources Backtested Returns
ATEX Resources appears to be relatively risky, given 3 months investment horizon. ATEX Resources secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24 % return per unit of risk over the last 3 months. By reviewing ATEX Resources' technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please makes use of ATEX Resources' Downside Deviation of 3.15, risk adjusted performance of 0.1802, and Mean Deviation of 2.43 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ATEX Resources holds a performance score of 18. The firm shows a Beta (market volatility) of 0.0383, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ATEX Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding ATEX Resources is expected to be smaller as well. Please check ATEX Resources' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether ATEX Resources' price patterns will revert.
Auto-correlation | 0.02 |
Virtually no predictability
ATEX Resources has virtually no predictability. Overlapping area represents the amount of predictability between ATEX Resources time series from 26th of October 2025 to 10th of December 2025 and 10th of December 2025 to 24th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ATEX Resources price movement. The serial correlation of 0.02 indicates that only 2.0% of current ATEX Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
ATEX 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.
ATEX Resources Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 ATEX Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About ATEX 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 ATEX Resources 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 ATEX Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ATEX Resources price pattern first instead of the macroeconomic environment surrounding ATEX Resources. By analyzing ATEX 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 ATEX 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 ATEX Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
ATEX Resources January 24, 2026 Technical Indicators
Most technical analysis of ATEX 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 ATEX from various momentum indicators to cycle indicators. When you analyze ATEX 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 | 0.1802 | |||
| Market Risk Adjusted Performance | 23.02 | |||
| Mean Deviation | 2.43 | |||
| Semi Deviation | 2.01 | |||
| Downside Deviation | 3.15 | |||
| Coefficient Of Variation | 425.37 | |||
| Standard Deviation | 3.79 | |||
| Variance | 14.37 | |||
| Information Ratio | 0.2144 | |||
| Jensen Alpha | 0.8785 | |||
| Total Risk Alpha | 0.5273 | |||
| Sortino Ratio | 0.2583 | |||
| Treynor Ratio | 23.01 | |||
| Maximum Drawdown | 22.94 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 5.44 | |||
| Downside Variance | 9.9 | |||
| Semi Variance | 4.05 | |||
| Expected Short fall | (2.66) | |||
| Skewness | 1.69 | |||
| Kurtosis | 6.64 |
ATEX Resources January 24, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as ATEX stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 441,275 | ||
| Daily Balance Of Power | 0.98 | ||
| Rate Of Daily Change | 1.11 | ||
| Day Median Price | 4.19 | ||
| Day Typical Price | 4.24 | ||
| Price Action Indicator | 0.36 |
Additional Tools for ATEX Stock Analysis
When running ATEX Resources' price analysis, check to measure ATEX 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 ATEX Resources is operating at the current time. Most of ATEX Resources' value examination focuses on studying past and present price action to predict the probability of ATEX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATEX Resources' price. Additionally, you may evaluate how the addition of ATEX Resources to your portfolios can decrease your overall portfolio volatility.