Jiangxi Copper Stock Technical Analysis
JIAXF Stock | USD 1.62 0.04 2.41% |
As of the 18th of December 2024, Jiangxi Copper retains the Risk Adjusted Performance of 0.0467, market risk adjusted performance of 0.3653, and Standard Deviation of 5.2. Jiangxi Copper technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Jiangxi Copper market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Jiangxi Copper is priced fairly, providing market reflects its last-minute price of 1.62 per share. Please also validate Jiangxi Copper jensen alpha, which is currently at 0.2205 to confirm the company can sustain itself at a future point.
Jiangxi Copper Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jiangxi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JiangxiJiangxi |
Jiangxi Copper 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.
Jiangxi Copper 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 Jiangxi Copper volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Jiangxi Copper Trend Analysis
Use this graph to draw trend lines for Jiangxi Copper. You can use it to identify possible trend reversals for Jiangxi Copper 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 Jiangxi Copper price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Jiangxi Copper Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Jiangxi Copper applied against its price change over selected period. The best fit line has a slop of 0.0013 , which may suggest that Jiangxi Copper market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Jiangxi Copper price change compared to its average price change.About Jiangxi Copper 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 Jiangxi Copper 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 Jiangxi Copper based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Jiangxi Copper price pattern first instead of the macroeconomic environment surrounding Jiangxi Copper. By analyzing Jiangxi Copper'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 Jiangxi Copper'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 Jiangxi Copper specific price patterns or momentum indicators. Please read more on our technical analysis page.
Jiangxi Copper December 18, 2024 Technical Indicators
Most technical analysis of Jiangxi 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 Jiangxi from various momentum indicators to cycle indicators. When you analyze Jiangxi 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 | 0.0467 | |||
Market Risk Adjusted Performance | 0.3653 | |||
Mean Deviation | 1.93 | |||
Coefficient Of Variation | 1901.24 | |||
Standard Deviation | 5.2 | |||
Variance | 26.99 | |||
Information Ratio | 0.0396 | |||
Jensen Alpha | 0.2205 | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | 0.3553 | |||
Maximum Drawdown | 39.36 | |||
Value At Risk | (5.68) | |||
Potential Upside | 7.48 | |||
Skewness | 1.97 | |||
Kurtosis | 12.27 |
Complementary Tools for Jiangxi Pink Sheet analysis
When running Jiangxi Copper's price analysis, check to measure Jiangxi Copper'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 Jiangxi Copper is operating at the current time. Most of Jiangxi Copper's value examination focuses on studying past and present price action to predict the probability of Jiangxi Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiangxi Copper's price. Additionally, you may evaluate how the addition of Jiangxi Copper to your portfolios can decrease your overall portfolio volatility.
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