Dream Unlimited Corp Stock Technical Analysis
| DRM Stock | CAD 25.25 0.05 0.20% |
As of the 2nd of December, Dream Unlimited shows the Mean Deviation of 1.6, standard deviation of 2.11, and Coefficient Of Variation of (6,963). Dream Unlimited 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.
Dream Unlimited Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dream, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DreamDream |
Dream Unlimited 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.
Dream Unlimited Corp Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Dream Unlimited Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Dream Unlimited Corp Trend Analysis
Use this graph to draw trend lines for Dream Unlimited Corp. You can use it to identify possible trend reversals for Dream Unlimited 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 Dream Unlimited price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dream Unlimited Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dream Unlimited Corp applied against its price change over selected period. The best fit line has a slop of 0.11 , which may suggest that Dream Unlimited Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 464.41, which is the sum of squared deviations for the predicted Dream Unlimited price change compared to its average price change.About Dream Unlimited 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 Dream Unlimited 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 Dream Unlimited Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Dream Unlimited Corp price pattern first instead of the macroeconomic environment surrounding Dream Unlimited Corp. By analyzing Dream Unlimited'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 Dream Unlimited'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 Dream Unlimited specific price patterns or momentum indicators. Please read more on our technical analysis page.
Dream Unlimited December 2, 2024 Technical Indicators
Most technical analysis of Dream 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 Dream from various momentum indicators to cycle indicators. When you analyze Dream 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) | |||
| Market Risk Adjusted Performance | 0.1382 | |||
| Mean Deviation | 1.6 | |||
| Coefficient Of Variation | (6,963) | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.46 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.0002) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.1282 | |||
| Maximum Drawdown | 11.44 | |||
| Value At Risk | (3.43) | |||
| Potential Upside | 3.31 | |||
| Skewness | (0.07) | |||
| Kurtosis | 0.8304 |
Other Information on Investing in Dream Stock
Dream Unlimited financial ratios help investors to determine whether Dream Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dream with respect to the benefits of owning Dream Unlimited security.