Mineral Resources (Australia) Technical Analysis
| MIN Stock | 35.80 1.11 3.01% |
As of the 16th of December 2024, Mineral Resources secures the Risk Adjusted Performance of 0.008, mean deviation of 3.31, and Standard Deviation of 4.54. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mineral Resources, as well as the relationship between them.
Mineral 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 Mineral, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MineralMineral |
Mineral 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.
Mineral Resources 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 Mineral Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mineral Resources Trend Analysis
Use this graph to draw trend lines for Mineral Resources. You can use it to identify possible trend reversals for Mineral 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 Mineral Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mineral Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mineral Resources applied against its price change over selected period. The best fit line has a slop of 0.28 , which may suggest that Mineral Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2877.09, which is the sum of squared deviations for the predicted Mineral Resources price change compared to its average price change.About Mineral 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 Mineral 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 Mineral Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mineral Resources price pattern first instead of the macroeconomic environment surrounding Mineral Resources. By analyzing Mineral 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 Mineral 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 Mineral Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mineral Resources December 16, 2024 Technical Indicators
Most technical analysis of Mineral 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 Mineral from various momentum indicators to cycle indicators. When you analyze Mineral 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 | 0.008 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 3.31 | |||
| Coefficient Of Variation | (195,063) | |||
| Standard Deviation | 4.54 | |||
| Variance | 20.58 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 27.69 | |||
| Value At Risk | (6.42) | |||
| Potential Upside | 7.15 | |||
| Skewness | 0.212 | |||
| Kurtosis | 1.47 |
Additional Tools for Mineral Stock Analysis
When running Mineral Resources' price analysis, check to measure Mineral 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 Mineral Resources is operating at the current time. Most of Mineral Resources' value examination focuses on studying past and present price action to predict the probability of Mineral Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mineral Resources' price. Additionally, you may evaluate how the addition of Mineral Resources to your portfolios can decrease your overall portfolio volatility.