Empire Metals (UK) Technical Analysis
EEE Stock | 6.50 0.30 4.41% |
As of the 15th of December 2024, Empire Metals shows the Variance of 10.21, standard deviation of 3.2, and Mean Deviation of 2.21. Empire Metals Limited technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Empire Metals Limited maximum drawdown, as well as the relationship between the potential upside and kurtosis to decide if Empire Metals Limited is priced favorably, providing market reflects its regular price of 6.5 per share.
Empire 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 Empire, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EmpireEmpire |
Empire Metals 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.
Empire Metals Limited 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 Empire Metals Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Empire Metals Limited Trend Analysis
Use this graph to draw trend lines for Empire Metals Limited. You can use it to identify possible trend reversals for Empire 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 Empire Metals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Empire Metals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Empire Metals Limited applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Empire Metals Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 23.36, which is the sum of squared deviations for the predicted Empire Metals price change compared to its average price change.About Empire 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 Empire Metals Limited 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 Empire Metals Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Empire Metals Limited price pattern first instead of the macroeconomic environment surrounding Empire Metals Limited. By analyzing Empire 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 Empire 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 Empire Metals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Empire Metals December 15, 2024 Technical Indicators
Most technical analysis of Empire 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 Empire from various momentum indicators to cycle indicators. When you analyze Empire 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 | 0.275 | |||
Mean Deviation | 2.21 | |||
Coefficient Of Variation | (3,027) | |||
Standard Deviation | 3.2 | |||
Variance | 10.21 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | 0.265 | |||
Maximum Drawdown | 14.89 | |||
Value At Risk | (4.41) | |||
Potential Upside | 6.4 | |||
Skewness | 1.1 | |||
Kurtosis | 2.01 |
Complementary Tools for Empire Stock analysis
When running Empire Metals' price analysis, check to measure Empire 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 Empire Metals is operating at the current time. Most of Empire Metals' value examination focuses on studying past and present price action to predict the probability of Empire Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Metals' price. Additionally, you may evaluate how the addition of Empire Metals to your portfolios can decrease your overall portfolio volatility.
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