Commerce Resources Corp Stock Technical Analysis
| CCE Stock | CAD 0.07 0.01 6.25% |
As of the 19th of December, Commerce Resources shows the Standard Deviation of 7.24, risk adjusted performance of (0.03), and Mean Deviation of 4.32. Commerce Resources Corp 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. Please confirm Commerce Resources Corp standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Commerce Resources Corp is priced correctly, providing market reflects its regular price of 0.075 per share.
Commerce Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Commerce, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CommerceCommerce |
Commerce Resources 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.
Commerce Resources 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 Commerce Resources Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Commerce Resources Corp Trend Analysis
Use this graph to draw trend lines for Commerce Resources Corp. You can use it to identify possible trend reversals for Commerce Resources 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 Commerce Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Commerce Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Commerce Resources Corp applied against its price change over selected period. The best fit line has a slop of 0.0012 , which may suggest that Commerce Resources Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted Commerce Resources price change compared to its average price change.About Commerce Resources 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 Commerce Resources 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 Commerce Resources Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Commerce Resources Corp price pattern first instead of the macroeconomic environment surrounding Commerce Resources Corp. By analyzing Commerce Resources'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 Commerce Resources'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 Commerce Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Commerce Resources December 19, 2024 Technical Indicators
Most technical analysis of Commerce 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 Commerce from various momentum indicators to cycle indicators. When you analyze Commerce 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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| Math Transform | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 21.67 | |||
| Mean Deviation | 4.32 | |||
| Coefficient Of Variation | (2,208) | |||
| Standard Deviation | 7.24 | |||
| Variance | 52.43 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 21.66 | |||
| Maximum Drawdown | 41.56 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 11.11 | |||
| Skewness | 0.9439 | |||
| Kurtosis | 3.08 |
Additional Tools for Commerce Stock Analysis
When running Commerce Resources' price analysis, check to measure Commerce Resources' 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 Commerce Resources is operating at the current time. Most of Commerce Resources' value examination focuses on studying past and present price action to predict the probability of Commerce Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Resources' price. Additionally, you may evaluate how the addition of Commerce Resources to your portfolios can decrease your overall portfolio volatility.