Sherritt International Stock Technical Analysis
| SHERF Stock | USD 0.12 0.01 7.69% |
As of the 2nd of December, Sherritt International has the Risk Adjusted Performance of 0.0396, coefficient of variation of 2543.43, and Semi Deviation of 7.25. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sherritt International, as well as the relationship between them. Please validate Sherritt International variance, as well as the relationship between the maximum drawdown and semi variance to decide if Sherritt International is priced more or less accurately, providing market reflects its prevalent price of 0.12 per share. As Sherritt International appears to be a penny stock we also recommend to double-check its total risk alpha numbers.
Sherritt International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sherritt, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SherrittSherritt |
Sherritt International 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.
Sherritt International Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Sherritt International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sherritt International Trend Analysis
Use this graph to draw trend lines for Sherritt International. You can use it to identify possible trend reversals for Sherritt International 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 Sherritt International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sherritt International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sherritt International applied against its price change over selected period. The best fit line has a slop of 0.0003 , which may suggest that Sherritt International 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 Sherritt International price change compared to its average price change.About Sherritt International 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 Sherritt International 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 Sherritt International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sherritt International price pattern first instead of the macroeconomic environment surrounding Sherritt International. By analyzing Sherritt International'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 Sherritt International'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 Sherritt International specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sherritt International December 2, 2024 Technical Indicators
Most technical analysis of Sherritt 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 Sherritt from various momentum indicators to cycle indicators. When you analyze Sherritt 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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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0396 | |||
| Market Risk Adjusted Performance | 1.45 | |||
| Mean Deviation | 4.83 | |||
| Semi Deviation | 7.25 | |||
| Downside Deviation | 19.97 | |||
| Coefficient Of Variation | 2543.43 | |||
| Standard Deviation | 16.12 | |||
| Variance | 259.87 | |||
| Information Ratio | 0.0308 | |||
| Jensen Alpha | 0.5686 | |||
| Total Risk Alpha | (2.07) | |||
| Sortino Ratio | 0.0248 | |||
| Treynor Ratio | 1.44 | |||
| Maximum Drawdown | 127.62 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 7.69 | |||
| Downside Variance | 398.89 | |||
| Semi Variance | 52.54 | |||
| Expected Short fall | (32.49) | |||
| Skewness | 5.07 | |||
| Kurtosis | 40.25 |
Complementary Tools for Sherritt Pink Sheet analysis
When running Sherritt International's price analysis, check to measure Sherritt International'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 Sherritt International is operating at the current time. Most of Sherritt International's value examination focuses on studying past and present price action to predict the probability of Sherritt International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sherritt International's price. Additionally, you may evaluate how the addition of Sherritt International to your portfolios can decrease your overall portfolio volatility.
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