Canalaska Uranium Stock Technical Analysis
| CVVUF Stock | USD 0.55 0.02 3.77% |
As of the 4th of December, CanAlaska Uranium shows the Downside Deviation of 3.67, mean deviation of 2.84, and Risk Adjusted Performance of 0.0577. CanAlaska Uranium 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 are able to break down and analyze data for nineteen technical drivers for CanAlaska Uranium, which can be compared to its peers. Please confirm CanAlaska Uranium coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if CanAlaska Uranium is priced correctly, providing market reflects its regular price of 0.55 per share. As CanAlaska Uranium is a penny stock we also strongly suggest to validate its total risk alpha numbers.
CanAlaska Uranium Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CanAlaska, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanAlaskaCanAlaska |
CanAlaska Uranium 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.
CanAlaska Uranium Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 CanAlaska Uranium volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CanAlaska Uranium Trend Analysis
Use this graph to draw trend lines for CanAlaska Uranium. You can use it to identify possible trend reversals for CanAlaska Uranium 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 CanAlaska Uranium price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CanAlaska Uranium Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CanAlaska Uranium applied against its price change over selected period. The best fit line has a slop of 0.0009 , which means CanAlaska Uranium will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted CanAlaska Uranium price change compared to its average price change.About CanAlaska Uranium 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 CanAlaska Uranium 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 CanAlaska Uranium based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on CanAlaska Uranium price pattern first instead of the macroeconomic environment surrounding CanAlaska Uranium. By analyzing CanAlaska Uranium'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 CanAlaska Uranium'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 CanAlaska Uranium specific price patterns or momentum indicators. Please read more on our technical analysis page.
CanAlaska Uranium December 4, 2024 Technical Indicators
Most technical analysis of CanAlaska 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 CanAlaska from various momentum indicators to cycle indicators. When you analyze CanAlaska 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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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0577 | |||
| Market Risk Adjusted Performance | (0.67) | |||
| Mean Deviation | 2.84 | |||
| Semi Deviation | 3.02 | |||
| Downside Deviation | 3.67 | |||
| Coefficient Of Variation | 1533.53 | |||
| Standard Deviation | 3.7 | |||
| Variance | 13.72 | |||
| Information Ratio | 0.0346 | |||
| Jensen Alpha | 0.2668 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0349 | |||
| Treynor Ratio | (0.68) | |||
| Maximum Drawdown | 20.23 | |||
| Value At Risk | (5.36) | |||
| Potential Upside | 6.12 | |||
| Downside Variance | 13.49 | |||
| Semi Variance | 9.12 | |||
| Expected Short fall | (3.48) | |||
| Skewness | 0.7434 | |||
| Kurtosis | 1.6 |
Complementary Tools for CanAlaska OTC Stock analysis
When running CanAlaska Uranium's price analysis, check to measure CanAlaska Uranium'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 CanAlaska Uranium is operating at the current time. Most of CanAlaska Uranium's value examination focuses on studying past and present price action to predict the probability of CanAlaska Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CanAlaska Uranium's price. Additionally, you may evaluate how the addition of CanAlaska Uranium to your portfolios can decrease your overall portfolio volatility.
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