Ajax Resources (UK) Technical Analysis
| AJAX Stock | 3.00 0.00 0.00% |
As of the 15th of December 2024, Ajax Resources shows the risk adjusted performance of 0.0928, and Mean Deviation of 0.2713. Ajax Resources PLC 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 Ajax Resources PLC coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Ajax Resources PLC is priced correctly, providing market reflects its regular price of 3.0 per share.
Ajax 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 Ajax, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AjaxAjax |
Ajax 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.
Ajax Resources PLC 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 Ajax Resources PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ajax Resources PLC Trend Analysis
Use this graph to draw trend lines for Ajax Resources PLC. You can use it to identify possible trend reversals for Ajax Resources 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 Ajax Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ajax Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ajax Resources PLC applied against its price change over selected period. The best fit line has a slop of 0 , which means Ajax Resources PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.36, which is the sum of squared deviations for the predicted Ajax Resources price change compared to its average price change.About Ajax 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 Ajax Resources PLC 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 Ajax Resources PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ajax Resources PLC price pattern first instead of the macroeconomic environment surrounding Ajax Resources PLC. By analyzing Ajax 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 Ajax 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 Ajax Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ajax Resources December 15, 2024 Technical Indicators
Most technical analysis of Ajax 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 Ajax from various momentum indicators to cycle indicators. When you analyze Ajax 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 | 0.0928 | |||
| Market Risk Adjusted Performance | (0.88) | |||
| Mean Deviation | 0.2713 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.25 | |||
| Information Ratio | 0.0336 | |||
| Jensen Alpha | 0.1406 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.89) | |||
| Maximum Drawdown | 9.09 | |||
| Skewness | 8.12 | |||
| Kurtosis | 66.0 |
Additional Tools for Ajax Stock Analysis
When running Ajax Resources' price analysis, check to measure Ajax 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 Ajax Resources is operating at the current time. Most of Ajax Resources' value examination focuses on studying past and present price action to predict the probability of Ajax Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ajax Resources' price. Additionally, you may evaluate how the addition of Ajax Resources to your portfolios can decrease your overall portfolio volatility.