Defense Metals Corp Stock Technical Analysis
| DEFN Stock | CAD 0.14 0.01 7.69% |
As of the 23rd of December, Defense Metals shows the Downside Deviation of 9.07, coefficient of variation of 802.11, and Mean Deviation of 5.81. Defense Metals Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Defense Metals Corp coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Defense Metals Corp is priced favorably, providing market reflects its regular price of 0.14 per share.
Defense Metals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Defense, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DefenseDefense |
Defense Metals 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.
Defense Metals 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 Defense Metals Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Defense Metals Corp Trend Analysis
Use this graph to draw trend lines for Defense Metals Corp. You can use it to identify possible trend reversals for Defense Metals 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 Defense Metals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Defense Metals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Defense Metals Corp applied against its price change over selected period. The best fit line has a slop of 0.0003 , which means Defense Metals Corp 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 Defense Metals price change compared to its average price change.About Defense Metals 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 Defense Metals 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 Defense Metals Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Defense Metals Corp price pattern first instead of the macroeconomic environment surrounding Defense Metals Corp. By analyzing Defense Metals'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 Defense Metals'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 Defense Metals specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | PB Ratio | 1.13 | 1.37 | 1.3 | Capex To Depreciation | 12.63 | 14.52 | 13.8 |
Defense Metals December 23, 2024 Technical Indicators
Most technical analysis of Defense 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 Defense from various momentum indicators to cycle indicators. When you analyze Defense 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 | 0.1077 | |||
| Market Risk Adjusted Performance | (8.74) | |||
| Mean Deviation | 5.81 | |||
| Semi Deviation | 5.55 | |||
| Downside Deviation | 9.07 | |||
| Coefficient Of Variation | 802.11 | |||
| Standard Deviation | 7.68 | |||
| Variance | 58.95 | |||
| Information Ratio | 0.1205 | |||
| Jensen Alpha | 0.9496 | |||
| Total Risk Alpha | 0.7322 | |||
| Sortino Ratio | 0.102 | |||
| Treynor Ratio | (8.75) | |||
| Maximum Drawdown | 29.43 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 15.79 | |||
| Downside Variance | 82.24 | |||
| Semi Variance | 30.8 | |||
| Expected Short fall | (10.09) | |||
| Skewness | 0.2684 | |||
| Kurtosis | (0.20) |
Additional Tools for Defense Stock Analysis
When running Defense Metals' price analysis, check to measure Defense Metals' 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 Defense Metals is operating at the current time. Most of Defense Metals' value examination focuses on studying past and present price action to predict the probability of Defense Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Defense Metals' price. Additionally, you may evaluate how the addition of Defense Metals to your portfolios can decrease your overall portfolio volatility.