88 Energy (UK) Technical Analysis
88E Stock | 0.09 0 2.70% |
As of the 30th of November, 88 Energy owns the Variance of 4.44, market risk adjusted performance of 0.4405, and Information Ratio of (0.13). 88 Energy technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices. Please confirm 88 Energy coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if 88 Energy is priced fairly, providing market reflects its prevailing price of 0.09 per share.
88 Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 88E, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 88E88E |
88 Energy 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.
88 Energy 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 88 Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
88 Energy Trend Analysis
Use this graph to draw trend lines for 88 Energy. You can use it to identify possible trend reversals for 88 Energy 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 88 Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.88 Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 88 Energy applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that 88 Energy 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 88 Energy price change compared to its average price change.About 88 Energy 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 88 Energy 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 88 Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on 88 Energy price pattern first instead of the macroeconomic environment surrounding 88 Energy. By analyzing 88 Energy'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 88 Energy'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 88 Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
88 Energy November 30, 2024 Technical Indicators
Most technical analysis of 88E 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 88E from various momentum indicators to cycle indicators. When you analyze 88E 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 | (0.04) | |||
Market Risk Adjusted Performance | 0.4405 | |||
Mean Deviation | 1.04 | |||
Coefficient Of Variation | (1,531) | |||
Standard Deviation | 2.11 | |||
Variance | 4.44 | |||
Information Ratio | (0.13) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | 0.4305 | |||
Maximum Drawdown | 13.74 | |||
Value At Risk | (2.70) | |||
Potential Upside | 2.78 | |||
Skewness | 0.1445 | |||
Kurtosis | 6.49 |
88 Energy November 30, 2024 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 88E 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 | 113,257 | ||
Daily Balance Of Power | (1.79) | ||
Rate Of Daily Change | 0.97 | ||
Day Median Price | 0.09 | ||
Day Typical Price | 0.09 | ||
Price Action Indicator | 0.00 |
Complementary Tools for 88E Stock analysis
When running 88 Energy's price analysis, check to measure 88 Energy'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 88 Energy is operating at the current time. Most of 88 Energy's value examination focuses on studying past and present price action to predict the probability of 88 Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 88 Energy's price. Additionally, you may evaluate how the addition of 88 Energy to your portfolios can decrease your overall portfolio volatility.
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