Canadian Palladium Resources Stock Technical Analysis
DCNNF Stock | USD 0.05 0.0006 1.09% |
As of the 27th of February, Canadian Palladium shows the Downside Deviation of 15.29, mean deviation of 11.12, and Risk Adjusted Performance of 0.0544. Canadian Palladium 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 Canadian Palladium jensen alpha, as well as the relationship between the potential upside and skewness to decide if Canadian Palladium is priced correctly, providing market reflects its regular price of 0.0545 per share. As Canadian Palladium appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Canadian Palladium Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canadian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanadianCanadian |
Canadian Palladium technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Canadian Palladium Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 Canadian Palladium volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Canadian Palladium Trend Analysis
Use this graph to draw trend lines for Canadian Palladium Resources. You can use it to identify possible trend reversals for Canadian Palladium 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 Canadian Palladium price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Canadian Palladium Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Canadian Palladium Resources applied against its price change over selected period. The best fit line has a slop of 0.0002 , which means Canadian Palladium Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Canadian Palladium price change compared to its average price change.About Canadian Palladium 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 Canadian Palladium Resources 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 Canadian Palladium Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canadian Palladium price pattern first instead of the macroeconomic environment surrounding Canadian Palladium. By analyzing Canadian Palladium'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 Canadian Palladium'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 Canadian Palladium specific price patterns or momentum indicators. Please read more on our technical analysis page.
Canadian Palladium February 27, 2025 Technical Indicators
Most technical analysis of Canadian 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 Canadian from various momentum indicators to cycle indicators. When you analyze Canadian 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 | 0.0544 | |||
Market Risk Adjusted Performance | (0.21) | |||
Mean Deviation | 11.12 | |||
Semi Deviation | 12.04 | |||
Downside Deviation | 15.29 | |||
Coefficient Of Variation | 1640.58 | |||
Standard Deviation | 15.68 | |||
Variance | 245.71 | |||
Information Ratio | 0.0607 | |||
Jensen Alpha | 0.9171 | |||
Total Risk Alpha | 1.08 | |||
Sortino Ratio | 0.0623 | |||
Treynor Ratio | (0.22) | |||
Maximum Drawdown | 70.55 | |||
Value At Risk | (21.22) | |||
Potential Upside | 31.25 | |||
Downside Variance | 233.66 | |||
Semi Variance | 145.06 | |||
Expected Short fall | (15.64) | |||
Skewness | 0.813 | |||
Kurtosis | 1.56 |
Canadian Palladium February 27, 2025 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 Canadian 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 | 856.18 | ||
Daily Balance Of Power | (0.13) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 0.06 | ||
Day Typical Price | 0.06 | ||
Price Action Indicator | 0.00 |
Complementary Tools for Canadian Pink Sheet analysis
When running Canadian Palladium's price analysis, check to measure Canadian Palladium'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 Canadian Palladium is operating at the current time. Most of Canadian Palladium's value examination focuses on studying past and present price action to predict the probability of Canadian Palladium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Palladium's price. Additionally, you may evaluate how the addition of Canadian Palladium to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |