Nexus Gold Corp Stock Technical Analysis
| NXS Stock | CAD 0.01 0.01 200.00% |
As of the 6th of January, Nexus Gold secures the Risk Adjusted Performance of 0.0885, downside deviation of 40.14, and Mean Deviation of 12.62. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nexus Gold Corp, as well as the relationship between them. Please verify Nexus Gold Corp coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Nexus Gold Corp is priced some-what accurately, providing market reflects its recent price of 0.015 per share.
Nexus Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nexus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NexusNexus |
Nexus Gold 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.
Nexus Gold Corp 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 Nexus Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nexus Gold Corp Trend Analysis
Use this graph to draw trend lines for Nexus Gold Corp. You can use it to identify possible trend reversals for Nexus Gold 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 Nexus Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nexus Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nexus Gold Corp applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Nexus Gold Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Nexus Gold price change compared to its average price change.About Nexus Gold 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 Nexus Gold Corp 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 Nexus Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nexus Gold Corp price pattern first instead of the macroeconomic environment surrounding Nexus Gold Corp. By analyzing Nexus Gold'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 Nexus Gold'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 Nexus Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nexus Gold January 6, 2025 Technical Indicators
Most technical analysis of Nexus 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 Nexus from various momentum indicators to cycle indicators. When you analyze Nexus 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 | 0.0885 | |||
| Market Risk Adjusted Performance | (1.03) | |||
| Mean Deviation | 12.62 | |||
| Semi Deviation | 11.98 | |||
| Downside Deviation | 40.14 | |||
| Coefficient Of Variation | 1030.06 | |||
| Standard Deviation | 30.96 | |||
| Variance | 958.41 | |||
| Information Ratio | 0.0964 | |||
| Jensen Alpha | 3.03 | |||
| Total Risk Alpha | 2.52 | |||
| Sortino Ratio | 0.0743 | |||
| Treynor Ratio | (1.04) | |||
| Maximum Drawdown | 200.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 | |||
| Downside Variance | 1611.11 | |||
| Semi Variance | 143.4 | |||
| Expected Short fall | (80.00) | |||
| Skewness | 4.45 | |||
| Kurtosis | 27.77 |
Additional Tools for Nexus Stock Analysis
When running Nexus Gold's price analysis, check to measure Nexus Gold'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 Nexus Gold is operating at the current time. Most of Nexus Gold's value examination focuses on studying past and present price action to predict the probability of Nexus Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexus Gold's price. Additionally, you may evaluate how the addition of Nexus Gold to your portfolios can decrease your overall portfolio volatility.