Cleango Innovations Stock Technical Analysis
| CLGOF Stock | USD 0.32 0.00 0.00% |
As of the 6th of January, CleanGo Innovations shows the risk adjusted performance of 0.1052, and Mean Deviation of 0.4263. CleanGo Innovations 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 break down and interpolate data for eleven technical drivers for CleanGo Innovations, which can be compared to its peers. Please confirm CleanGo Innovations market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if CleanGo Innovations is priced correctly, providing market reflects its regular price of 0.32 per share. As CleanGo Innovations appears to be a penny stock we also recommend to validate its information ratio numbers.
CleanGo Innovations Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CleanGo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CleanGoCleanGo |
CleanGo Innovations 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.
CleanGo Innovations Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. 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 CleanGo Innovations volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CleanGo Innovations Trend Analysis
Use this graph to draw trend lines for CleanGo Innovations. You can use it to identify possible trend reversals for CleanGo Innovations 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 CleanGo Innovations price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CleanGo Innovations Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CleanGo Innovations applied against its price change over selected period. The best fit line has a slop of 0.0008 , which means CleanGo Innovations will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted CleanGo Innovations price change compared to its average price change.About CleanGo Innovations 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 CleanGo Innovations 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 CleanGo Innovations based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on CleanGo Innovations price pattern first instead of the macroeconomic environment surrounding CleanGo Innovations. By analyzing CleanGo Innovations'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 CleanGo Innovations'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 CleanGo Innovations specific price patterns or momentum indicators. Please read more on our technical analysis page.
CleanGo Innovations January 6, 2025 Technical Indicators
Most technical analysis of CleanGo 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 CleanGo from various momentum indicators to cycle indicators. When you analyze CleanGo 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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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1052 | |||
| Market Risk Adjusted Performance | (1.66) | |||
| Mean Deviation | 0.4263 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.09 | |||
| Information Ratio | 0.1104 | |||
| Jensen Alpha | 0.208 | |||
| Total Risk Alpha | 0.1797 | |||
| Treynor Ratio | (1.67) | |||
| Maximum Drawdown | 14.29 | |||
| Skewness | 8.12 | |||
| Kurtosis | 66.0 |
Complementary Tools for CleanGo OTC Stock analysis
When running CleanGo Innovations' price analysis, check to measure CleanGo Innovations' 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 CleanGo Innovations is operating at the current time. Most of CleanGo Innovations' value examination focuses on studying past and present price action to predict the probability of CleanGo Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CleanGo Innovations' price. Additionally, you may evaluate how the addition of CleanGo Innovations to your portfolios can decrease your overall portfolio volatility.
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