Betterlife Pharma Stock Technical Analysis
| BETRF Stock | USD 0.08 0.01 9.59% |
As of the 16th of December 2024, BetterLife Pharma shows the Mean Deviation of 5.93, risk adjusted performance of 0.0102, and Downside Deviation of 9.31. BetterLife Pharma 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for BetterLife Pharma, which can be compared to its peers. Please confirm BetterLife Pharma variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if BetterLife Pharma is priced correctly, providing market reflects its regular price of 0.08 per share. As BetterLife Pharma appears to be a penny stock we also recommend to validate its total risk alpha numbers.
BetterLife Pharma Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BetterLife, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BetterLifeBetterLife |
BetterLife Pharma technical otc 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, otc market cycles, or different charting patterns.
BetterLife Pharma 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 BetterLife Pharma volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BetterLife Pharma Trend Analysis
Use this graph to draw trend lines for BetterLife Pharma. You can use it to identify possible trend reversals for BetterLife Pharma 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 BetterLife Pharma price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BetterLife Pharma Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BetterLife Pharma applied against its price change over selected period. The best fit line has a slop of 0.0004 , which may suggest that BetterLife Pharma market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted BetterLife Pharma price change compared to its average price change.About BetterLife Pharma 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 BetterLife Pharma 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 BetterLife Pharma based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on BetterLife Pharma price pattern first instead of the macroeconomic environment surrounding BetterLife Pharma. By analyzing BetterLife Pharma'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 BetterLife Pharma'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 BetterLife Pharma specific price patterns or momentum indicators. Please read more on our technical analysis page.
BetterLife Pharma December 16, 2024 Technical Indicators
Most technical analysis of BetterLife 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 BetterLife from various momentum indicators to cycle indicators. When you analyze BetterLife 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 | 0.0102 | |||
| Market Risk Adjusted Performance | 0.0137 | |||
| Mean Deviation | 5.93 | |||
| Semi Deviation | 6.8 | |||
| Downside Deviation | 9.31 | |||
| Coefficient Of Variation | 65703.95 | |||
| Standard Deviation | 8.49 | |||
| Variance | 72.03 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (1.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0037 | |||
| Maximum Drawdown | 40.04 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 | |||
| Downside Variance | 86.69 | |||
| Semi Variance | 46.22 | |||
| Expected Short fall | (9.80) | |||
| Skewness | 0.3841 | |||
| Kurtosis | 0.3457 |
Complementary Tools for BetterLife OTC Stock analysis
When running BetterLife Pharma's price analysis, check to measure BetterLife Pharma'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 BetterLife Pharma is operating at the current time. Most of BetterLife Pharma's value examination focuses on studying past and present price action to predict the probability of BetterLife Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BetterLife Pharma's price. Additionally, you may evaluate how the addition of BetterLife Pharma to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |