Mcchip Resources Stock Technical Analysis
| MCS Stock | CAD 0.75 0.10 11.76% |
As of the 14th of December 2024, McChip Resources owns the Coefficient Of Variation of 727.12, mean deviation of 1.35, and Market Risk Adjusted Performance of 0.8907. Relative to fundamental indicators, the technical analysis model lets you check available technical drivers of McChip Resources, as well as the relationship between them. Please verify McChip Resources mean deviation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if McChip Resources is priced adequately, providing market reflects its prevailing price of 0.75 per share.
McChip Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as McChip, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to McChipMcChip |
McChip Resources 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.
McChip Resources Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-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 McChip Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
McChip Resources Trend Analysis
Use this graph to draw trend lines for McChip Resources. You can use it to identify possible trend reversals for McChip Resources 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 McChip Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.McChip Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for McChip Resources applied against its price change over selected period. The best fit line has a slop of 0 , which means McChip Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.56, which is the sum of squared deviations for the predicted McChip Resources price change compared to its average price change.About McChip Resources 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 McChip 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 McChip Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on McChip Resources price pattern first instead of the macroeconomic environment surrounding McChip Resources. By analyzing McChip Resources'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 McChip Resources'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 McChip Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | PTB Ratio | 0.43 | 0.56 | 0.42 | 0.4 | Dividend Yield | 0.0612 | 0.0506 | 0.0984 | 0.0762 |
McChip Resources December 14, 2024 Technical Indicators
Most technical analysis of McChip 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 McChip from various momentum indicators to cycle indicators. When you analyze McChip 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 | 0.1074 | |||
| Market Risk Adjusted Performance | 0.8907 | |||
| Mean Deviation | 1.35 | |||
| Coefficient Of Variation | 727.12 | |||
| Standard Deviation | 3.19 | |||
| Variance | 10.18 | |||
| Information Ratio | 0.1062 | |||
| Jensen Alpha | 0.3849 | |||
| Total Risk Alpha | 0.0323 | |||
| Treynor Ratio | 0.8807 | |||
| Maximum Drawdown | 19.68 | |||
| Potential Upside | 6.25 | |||
| Skewness | 1.6 | |||
| Kurtosis | 11.55 |
McChip Resources December 14, 2024 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 McChip 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 | 32.89 | ||
| Daily Balance Of Power | (10.00) | ||
| Rate Of Daily Change | 0.88 | ||
| Day Median Price | 0.76 | ||
| Day Typical Price | 0.75 | ||
| Price Action Indicator | (0.05) |
Additional Tools for McChip Stock Analysis
When running McChip Resources' price analysis, check to measure McChip Resources' 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 McChip Resources is operating at the current time. Most of McChip Resources' value examination focuses on studying past and present price action to predict the probability of McChip Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McChip Resources' price. Additionally, you may evaluate how the addition of McChip Resources to your portfolios can decrease your overall portfolio volatility.