Neonmind Biosciences Stock Technical Analysis
| NMDBFDelisted Stock | USD 0.50 0.00 0.00% |
As of the 22nd of December, NeonMind Biosciences secures the Standard Deviation of 32.09, risk adjusted performance of 0.0913, and Mean Deviation of 7.69. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NeonMind Biosciences, as well as the relationship between them. Please verify NeonMind Biosciences coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if NeonMind Biosciences is priced some-what accurately, providing market reflects its recent price of 0.5 per share. As NeonMind Biosciences is a penny stock we also strongly advise to check its information ratio numbers.
NeonMind Biosciences Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NeonMind, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NeonMindNeonMind |
NeonMind Biosciences 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.
NeonMind Biosciences Technical Analysis
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NeonMind Biosciences Trend Analysis
Use this graph to draw trend lines for NeonMind Biosciences. You can use it to identify possible trend reversals for NeonMind Biosciences 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 NeonMind Biosciences price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NeonMind Biosciences Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NeonMind Biosciences applied against its price change over selected period. The best fit line has a slop of 0.0006 , which means NeonMind Biosciences will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted NeonMind Biosciences price change compared to its average price change.About NeonMind Biosciences 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 NeonMind Biosciences 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 NeonMind Biosciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NeonMind Biosciences price pattern first instead of the macroeconomic environment surrounding NeonMind Biosciences. By analyzing NeonMind Biosciences'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 NeonMind Biosciences'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 NeonMind Biosciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
NeonMind Biosciences December 22, 2024 Technical Indicators
Most technical analysis of NeonMind 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 NeonMind from various momentum indicators to cycle indicators. When you analyze NeonMind 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0913 | |||
| Market Risk Adjusted Performance | 5.83 | |||
| Mean Deviation | 7.69 | |||
| Coefficient Of Variation | 971.47 | |||
| Standard Deviation | 32.09 | |||
| Variance | 1029.75 | |||
| Information Ratio | 0.1019 | |||
| Jensen Alpha | 3.28 | |||
| Total Risk Alpha | 2.39 | |||
| Treynor Ratio | 5.82 | |||
| Maximum Drawdown | 39.13 | |||
| Skewness | 7.82 | |||
| Kurtosis | 62.97 |
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 bureau of labor statistics. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in NeonMind Pink Sheet
If you are still planning to invest in NeonMind Biosciences 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 NeonMind Biosciences' history and understand the potential risks before investing.
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