Ethema Health Corp Stock Technical Analysis
GRST Stock | USD 0.0004 0.0001 33.33% |
As of the 28th of March, Ethema Health shows the Downside Deviation of 30.53, mean deviation of 12.35, and Coefficient Of Variation of 857.41. Ethema Health Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 are able to interpolate and collect nineteen technical drivers for Ethema Health Corp, which can be compared to its rivals. Please confirm Ethema Health Corp semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Ethema Health Corp is priced favorably, providing market reflects its regular price of 4.0E-4 per share. As Ethema Health Corp appears to be a penny stock we also advise to verify its total risk alpha numbers.
Ethema Health Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ethema, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EthemaEthema |
Ethema Health 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.
Ethema Health Corp 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 Ethema Health Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ethema Health Corp Trend Analysis
Use this graph to draw trend lines for Ethema Health Corp. You can use it to identify possible trend reversals for Ethema Health 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 Ethema Health price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ethema Health Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ethema Health Corp applied against its price change over selected period. The best fit line has a slop of 0.0000011 , which means Ethema Health Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Ethema Health price change compared to its average price change.About Ethema Health 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 Ethema Health 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 Ethema Health Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ethema Health Corp price pattern first instead of the macroeconomic environment surrounding Ethema Health Corp. By analyzing Ethema Health'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 Ethema Health'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 Ethema Health specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ethema Health March 28, 2024 Technical Indicators
Most technical analysis of Ethema 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 Ethema from various momentum indicators to cycle indicators. When you analyze Ethema 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 | 0.0745 | |||
Market Risk Adjusted Performance | 1.87 | |||
Mean Deviation | 12.35 | |||
Semi Deviation | 12.37 | |||
Downside Deviation | 30.53 | |||
Coefficient Of Variation | 857.41 | |||
Standard Deviation | 20.14 | |||
Variance | 405.47 | |||
Information Ratio | 0.11 | |||
Jensen Alpha | 2.18 | |||
Total Risk Alpha | (2.17) | |||
Sortino Ratio | 0.0725 | |||
Treynor Ratio | 1.86 | |||
Maximum Drawdown | 100.0 | |||
Value At Risk | (25.00) | |||
Potential Upside | 33.33 | |||
Downside Variance | 931.79 | |||
Semi Variance | 152.91 | |||
Expected Short fall | (39.39) | |||
Skewness | 0.7319 | |||
Kurtosis | 1.79 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ethema Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Ethema Pink Sheet analysis
When running Ethema Health's price analysis, check to measure Ethema Health'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 Ethema Health is operating at the current time. Most of Ethema Health's value examination focuses on studying past and present price action to predict the probability of Ethema Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ethema Health's price. Additionally, you may evaluate how the addition of Ethema Health to your portfolios can decrease your overall portfolio volatility.
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