Alumina Limited Stock Technical Analysis
AWCMF Stock | USD 0.92 0.00 0.00% |
As of the 25th of April, Alumina shows the Standard Deviation of 3.06, risk adjusted performance of 0.1103, and Mean Deviation of 1.45. Alumina Limited technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for thirteen technical drivers for Alumina Limited, which can be compared to its peers. Please confirm Alumina Limited market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Alumina Limited is priced correctly, providing market reflects its regular price of 0.92 per share. Given that Alumina is a hitting penny stock territory we recommend to closely look at its jensen alpha.
Alumina Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alumina, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AluminaAlumina |
Alumina technical otc 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, otc market cycles, or different charting patterns.
Alumina Limited Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Alumina Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alumina Limited Trend Analysis
Use this graph to draw trend lines for Alumina Limited. You can use it to identify possible trend reversals for Alumina 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 Alumina price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alumina Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alumina Limited applied against its price change over selected period. The best fit line has a slop of 0 , which means Alumina Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.89, which is the sum of squared deviations for the predicted Alumina price change compared to its average price change.About Alumina 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 Alumina Limited 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 Alumina Limited based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Alumina Limited price pattern first instead of the macroeconomic environment surrounding Alumina Limited. By analyzing Alumina'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 Alumina'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 Alumina specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alumina April 25, 2024 Technical Indicators
Most technical analysis of Alumina 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 Alumina from various momentum indicators to cycle indicators. When you analyze Alumina 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 | 0.1103 | |||
Market Risk Adjusted Performance | (1.96) | |||
Mean Deviation | 1.45 | |||
Coefficient Of Variation | 609.22 | |||
Standard Deviation | 3.06 | |||
Variance | 9.38 | |||
Information Ratio | 0.133 | |||
Jensen Alpha | 0.514 | |||
Total Risk Alpha | 0.0737 | |||
Treynor Ratio | (1.97) | |||
Maximum Drawdown | 23.72 | |||
Value At Risk | (2.38) | |||
Potential Upside | 5.71 | |||
Skewness | 2.86 | |||
Kurtosis | 13.63 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alumina Limited. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Alumina OTC Stock analysis
When running Alumina's price analysis, check to measure Alumina'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 Alumina is operating at the current time. Most of Alumina's value examination focuses on studying past and present price action to predict the probability of Alumina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumina's price. Additionally, you may evaluate how the addition of Alumina to your portfolios can decrease your overall portfolio volatility.
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