Northwest Copper Corp Stock Technical Analysis
| NWST Stock | CAD 0.16 0.01 5.88% |
As of the 12th of November 2024, Northwest Copper secures the Standard Deviation of 4.62, mean deviation of 3.25, and Risk Adjusted Performance of (0.09). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northwest Copper Corp, as well as the relationship between them. Please verify Northwest Copper Corp coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Northwest Copper Corp is priced some-what accurately, providing market reflects its recent price of 0.16 per share.
Northwest Copper Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Northwest, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorthwestNorthwest |
Northwest Copper 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.
Northwest Copper 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 Northwest Copper Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Northwest Copper Corp Trend Analysis
Use this graph to draw trend lines for Northwest Copper Corp. You can use it to identify possible trend reversals for Northwest Copper 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 Northwest Copper price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Northwest Copper Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Northwest Copper Corp applied against its price change over selected period. The best fit line has a slop of 0.0016 , which may suggest that Northwest Copper Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Northwest Copper price change compared to its average price change.About Northwest Copper 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 Northwest Copper 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 Northwest Copper Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Northwest Copper Corp price pattern first instead of the macroeconomic environment surrounding Northwest Copper Corp. By analyzing Northwest Copper'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 Northwest Copper'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 Northwest Copper specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Interest Debt Per Share | 0.001138 | 0.001081 | Revenue Per Share | 0.031 | 0.0325 |
Northwest Copper November 12, 2024 Technical Indicators
Most technical analysis of Northwest 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 Northwest from various momentum indicators to cycle indicators. When you analyze Northwest 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 | (0.09) | |||
| Market Risk Adjusted Performance | 0.56 | |||
| Mean Deviation | 3.25 | |||
| Coefficient Of Variation | (812.10) | |||
| Standard Deviation | 4.62 | |||
| Variance | 21.32 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (1.59) | |||
| Treynor Ratio | 0.55 | |||
| Maximum Drawdown | 20.63 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 6.67 | |||
| Skewness | 0.1951 | |||
| Kurtosis | 0.3743 |
Northwest Copper November 12, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Northwest stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 12,794 | ||
| Daily Balance Of Power | (1.00) | ||
| Rate Of Daily Change | 0.94 | ||
| Day Median Price | 0.17 | ||
| Day Typical Price | 0.16 | ||
| Price Action Indicator | (0.01) |
Additional Tools for Northwest Stock Analysis
When running Northwest Copper's price analysis, check to measure Northwest Copper'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 Northwest Copper is operating at the current time. Most of Northwest Copper's value examination focuses on studying past and present price action to predict the probability of Northwest Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northwest Copper's price. Additionally, you may evaluate how the addition of Northwest Copper to your portfolios can decrease your overall portfolio volatility.