Midnight Sun Mining Stock Technical Analysis
| MMA Stock | CAD 0.51 0.06 10.53% |
As of the 18th of January 2025, Midnight Sun secures the Mean Deviation of 5.38, risk adjusted performance of 0.0911, and Downside Deviation of 5.88. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Midnight Sun Mining, as well as the relationship between them. Please verify Midnight Sun Mining standard deviation and the relationship between the treynor ratio and kurtosis to decide if Midnight Sun Mining is priced some-what accurately, providing market reflects its recent price of 0.51 per share.
Midnight Sun Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Midnight, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MidnightMidnight |
Midnight Sun 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.
Midnight Sun Mining 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 Midnight Sun Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Midnight Sun Mining Trend Analysis
Use this graph to draw trend lines for Midnight Sun Mining. You can use it to identify possible trend reversals for Midnight Sun 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 Midnight Sun price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Midnight Sun Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Midnight Sun Mining applied against its price change over selected period. The best fit line has a slop of 0 , which means Midnight Sun Mining will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted Midnight Sun price change compared to its average price change.About Midnight Sun 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 Midnight Sun Mining 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 Midnight Sun Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Midnight Sun Mining price pattern first instead of the macroeconomic environment surrounding Midnight Sun Mining. By analyzing Midnight Sun'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 Midnight Sun'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 Midnight Sun specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2024 | 2025 (projected) | PB Ratio | 5.26 | 2.43 | 2.09 | Capex To Depreciation | 1.07E-4 | 1.23E-4 | 1.17E-4 |
Midnight Sun January 18, 2025 Technical Indicators
Most technical analysis of Midnight 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 Midnight from various momentum indicators to cycle indicators. When you analyze Midnight 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 | 0.0911 | |||
| Market Risk Adjusted Performance | 3.42 | |||
| Mean Deviation | 5.38 | |||
| Semi Deviation | 4.87 | |||
| Downside Deviation | 5.88 | |||
| Coefficient Of Variation | 1018.56 | |||
| Standard Deviation | 8.56 | |||
| Variance | 73.25 | |||
| Information Ratio | 0.0947 | |||
| Jensen Alpha | 0.8255 | |||
| Total Risk Alpha | 0.6286 | |||
| Sortino Ratio | 0.1379 | |||
| Treynor Ratio | 3.41 | |||
| Maximum Drawdown | 59.76 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 13.46 | |||
| Downside Variance | 34.55 | |||
| Semi Variance | 23.69 | |||
| Expected Short fall | (7.41) | |||
| Skewness | 3.26 | |||
| Kurtosis | 17.82 |
Additional Tools for Midnight Stock Analysis
When running Midnight Sun's price analysis, check to measure Midnight Sun'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 Midnight Sun is operating at the current time. Most of Midnight Sun's value examination focuses on studying past and present price action to predict the probability of Midnight Sun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midnight Sun's price. Additionally, you may evaluate how the addition of Midnight Sun to your portfolios can decrease your overall portfolio volatility.