Core Lithium Corp Etf Technical Analysis
| CORX Etf | USD 16.34 0.47 2.96% |
As of the 12th of December 2024, Core Lithium shows the Risk Adjusted Performance of 0.6624, mean deviation of 1.45, and Standard Deviation of 1.59. Core Lithium Corp 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 entity's future prices.
Core Lithium Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Core, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CoreCore |
Core Lithium technical etf 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, etf market cycles, or different charting patterns.
Core Lithium 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 Core Lithium Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Core Lithium Corp Trend Analysis
Use this graph to draw trend lines for Core Lithium Corp. You can use it to identify possible trend reversals for Core Lithium 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 Core Lithium price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Core Lithium Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Core Lithium Corp applied against its price change over selected period. The best fit line has a slop of 0.22 , which means Core Lithium Corp will continue generating value for investors. It has 14 observation points and a regression sum of squares at 2.74, which is the sum of squared deviations for the predicted Core Lithium price change compared to its average price change.About Core Lithium 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 Core Lithium 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 Core Lithium Corp based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Core Lithium Corp price pattern first instead of the macroeconomic environment surrounding Core Lithium Corp. By analyzing Core Lithium'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 Core Lithium'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 Core Lithium specific price patterns or momentum indicators. Please read more on our technical analysis page.
Core Lithium December 12, 2024 Technical Indicators
Most technical analysis of Core 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 Core from various momentum indicators to cycle indicators. When you analyze Core 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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| Volume Indicators |
| Risk Adjusted Performance | 0.6624 | |||
| Market Risk Adjusted Performance | 46.96 | |||
| Mean Deviation | 1.45 | |||
| Coefficient Of Variation | 109.95 | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.53 | |||
| Information Ratio | 0.8313 | |||
| Jensen Alpha | 1.43 | |||
| Total Risk Alpha | 1.18 | |||
| Treynor Ratio | 46.95 | |||
| Maximum Drawdown | 3.07 | |||
| Potential Upside | 3.07 | |||
| Skewness | 0.0294 | |||
| Kurtosis | (3.25) |
Other Information on Investing in Core Etf
Core Lithium financial ratios help investors to determine whether Core Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Core with respect to the benefits of owning Core Lithium security.