Newmont Corp (UK) Technical Analysis
| 0R28 Stock | 37.24 0.17 0.46% |
As of the 23rd of December, Newmont Corp secures the Risk Adjusted Performance of (0.15), standard deviation of 2.52, and Mean Deviation of 1.61. Newmont Corp technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Newmont Corp value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Newmont Corp is priced some-what accurately, providing market reflects its recent price of 37.24 per share.
Newmont Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Newmont, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewmontNewmont |
Newmont Corp 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.
Newmont Corp 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 Newmont Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Newmont Corp Trend Analysis
Use this graph to draw trend lines for Newmont Corp. You can use it to identify possible trend reversals for Newmont Corp 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 Newmont Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Newmont Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Newmont Corp applied against its price change over selected period. The best fit line has a slop of 0.31 , which may suggest that Newmont Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3588.02, which is the sum of squared deviations for the predicted Newmont Corp price change compared to its average price change.About Newmont Corp 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 Newmont Corp 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 Newmont Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Newmont Corp price pattern first instead of the macroeconomic environment surrounding Newmont Corp. By analyzing Newmont Corp'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 Newmont Corp'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 Newmont Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
Newmont Corp December 23, 2024 Technical Indicators
Most technical analysis of Newmont 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 Newmont from various momentum indicators to cycle indicators. When you analyze Newmont 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.
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| Risk Adjusted Performance | (0.15) | |||
| Market Risk Adjusted Performance | (2.22) | |||
| Mean Deviation | 1.61 | |||
| Coefficient Of Variation | (497.29) | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.33 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (2.23) | |||
| Maximum Drawdown | 16.67 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 2.2 | |||
| Skewness | (2.81) | |||
| Kurtosis | 13.74 |
Additional Tools for Newmont Stock Analysis
When running Newmont Corp's price analysis, check to measure Newmont Corp'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 Newmont Corp is operating at the current time. Most of Newmont Corp's value examination focuses on studying past and present price action to predict the probability of Newmont Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newmont Corp's price. Additionally, you may evaluate how the addition of Newmont Corp to your portfolios can decrease your overall portfolio volatility.