Africa Energy Corp Stock Technical Analysis
| HPMCF Stock | USD 0.02 0 5.56% |
As of the 1st of December, Africa Energy shows the Standard Deviation of 6.06, risk adjusted performance of (0.07), and Mean Deviation of 2.82. Africa Energy 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 firm's future prices. Please confirm Africa Energy Corp standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Africa Energy Corp is priced correctly, providing market reflects its regular price of 0.017 per share. As Africa Energy Corp appears to be a penny stock we also recommend to validate its jensen alpha numbers.
Africa Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Africa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AfricaAfrica |
Africa Energy 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.
Africa Energy Corp Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Africa Energy Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Africa Energy Corp Trend Analysis
Use this graph to draw trend lines for Africa Energy Corp. You can use it to identify possible trend reversals for Africa Energy 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 Africa Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Africa Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Africa Energy Corp applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Africa Energy Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Africa Energy price change compared to its average price change.About Africa Energy 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 Africa Energy 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 Africa Energy Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Africa Energy Corp price pattern first instead of the macroeconomic environment surrounding Africa Energy Corp. By analyzing Africa Energy'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 Africa Energy'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 Africa Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Africa Energy December 1, 2024 Technical Indicators
Most technical analysis of Africa 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 Africa from various momentum indicators to cycle indicators. When you analyze Africa 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 | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | 0.4751 | |||
| Mean Deviation | 2.82 | |||
| Coefficient Of Variation | (1,009) | |||
| Standard Deviation | 6.06 | |||
| Variance | 36.76 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (1.62) | |||
| Treynor Ratio | 0.4651 | |||
| Maximum Drawdown | 48.33 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 7.14 | |||
| Skewness | (2.25) | |||
| Kurtosis | 13.55 |
Complementary Tools for Africa Pink Sheet analysis
When running Africa Energy's price analysis, check to measure Africa Energy'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 Africa Energy is operating at the current time. Most of Africa Energy's value examination focuses on studying past and present price action to predict the probability of Africa Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Africa Energy's price. Additionally, you may evaluate how the addition of Africa Energy to your portfolios can decrease your overall portfolio volatility.
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