Piedmont Lithium Stock Technical Analysis
| PLLTL Stock | USD 0.11 0.02 15.38% |
As of the 29th of November, Piedmont Lithium holds the Semi Deviation of 7.99, risk adjusted performance of 0.0599, and Coefficient Of Variation of 1513.38. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Piedmont Lithium, as well as the relationship between them. Please check Piedmont Lithium information ratio, as well as the relationship between the potential upside and kurtosis to decide if Piedmont Lithium is priced some-what accurately, providing market reflects its current price of 0.11 per share. As Piedmont Lithium appears to be a penny stock we also advise to check out its total risk alpha numbers.
Piedmont Lithium Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Piedmont, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PiedmontPiedmont |
Piedmont Lithium 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.
Piedmont Lithium 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 Piedmont Lithium volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Piedmont Lithium Trend Analysis
Use this graph to draw trend lines for Piedmont Lithium. You can use it to identify possible trend reversals for Piedmont Lithium 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 Piedmont Lithium price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Piedmont Lithium Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Piedmont Lithium applied against its price change over selected period. The best fit line has a slop of 0.0009 , which means Piedmont Lithium will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Piedmont Lithium price change compared to its average price change.About Piedmont Lithium 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 Piedmont Lithium 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 Piedmont Lithium based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Piedmont Lithium price pattern first instead of the macroeconomic environment surrounding Piedmont Lithium. By analyzing Piedmont Lithium'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 Piedmont Lithium'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 Piedmont Lithium specific price patterns or momentum indicators. Please read more on our technical analysis page.
Piedmont Lithium November 29, 2024 Technical Indicators
Most technical analysis of Piedmont 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 Piedmont from various momentum indicators to cycle indicators. When you analyze Piedmont 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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| Volume Indicators |
| Risk Adjusted Performance | 0.0599 | |||
| Market Risk Adjusted Performance | 0.5186 | |||
| Mean Deviation | 7.46 | |||
| Semi Deviation | 7.99 | |||
| Downside Deviation | 12.56 | |||
| Coefficient Of Variation | 1513.38 | |||
| Standard Deviation | 10.26 | |||
| Variance | 105.36 | |||
| Information Ratio | 0.0539 | |||
| Jensen Alpha | 0.5167 | |||
| Total Risk Alpha | (0.88) | |||
| Sortino Ratio | 0.044 | |||
| Treynor Ratio | 0.5086 | |||
| Maximum Drawdown | 41.45 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 19.85 | |||
| Downside Variance | 157.73 | |||
| Semi Variance | 63.83 | |||
| Expected Short fall | (12.40) | |||
| Skewness | 0.217 | |||
| Kurtosis | (0.15) |
Other Information on Investing in Piedmont Pink Sheet
Piedmont Lithium financial ratios help investors to determine whether Piedmont Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Piedmont with respect to the benefits of owning Piedmont Lithium security.