Newcrest Mining Stock Technical Analysis
NCMGFDelisted Stock | USD 18.00 0.04 0.22% |
As of the 29th of November, Newcrest Mining secures the Standard Deviation of 1.91, mean deviation of 1.49, and Risk Adjusted Performance of (0.03). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newcrest Mining, as well as the relationship between them. Please verify Newcrest Mining standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Newcrest Mining is priced some-what accurately, providing market reflects its recent price of 18.0 per share. Given that Newcrest Mining has information ratio of (0.12), we recommend you to check Newcrest Mining's last-minute market performance to make sure the company can sustain itself at a future point.
Newcrest Mining Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Newcrest, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewcrestNewcrest |
Newcrest Mining 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.
Newcrest Mining Technical Analysis
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Newcrest Mining Trend Analysis
Use this graph to draw trend lines for Newcrest Mining. You can use it to identify possible trend reversals for Newcrest Mining 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 Newcrest Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Newcrest Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Newcrest Mining applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Newcrest Mining market price will keep on failing further. It has 122 observation points and a regression sum of squares at 10.04, which is the sum of squared deviations for the predicted Newcrest Mining price change compared to its average price change.About Newcrest Mining 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 Newcrest 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 Newcrest Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Newcrest Mining price pattern first instead of the macroeconomic environment surrounding Newcrest Mining. By analyzing Newcrest Mining'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 Newcrest Mining'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 Newcrest Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
Newcrest Mining November 29, 2024 Technical Indicators
Most technical analysis of Newcrest 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 Newcrest from various momentum indicators to cycle indicators. When you analyze Newcrest 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 | (0.03) | |||
Market Risk Adjusted Performance | 0.646 | |||
Mean Deviation | 1.49 | |||
Coefficient Of Variation | (2,030) | |||
Standard Deviation | 1.91 | |||
Variance | 3.64 | |||
Information Ratio | (0.12) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | 0.636 | |||
Maximum Drawdown | 9.48 | |||
Value At Risk | (3.26) | |||
Potential Upside | 3.14 | |||
Skewness | (0.05) | |||
Kurtosis | 0.1954 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in Newcrest Pink Sheet
If you are still planning to invest in Newcrest Mining check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newcrest Mining's history and understand the potential risks before investing.
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