Globe Metals (Australia) Technical Analysis
| GBE Stock | 0.04 0 2.38% |
As of the 15th of December 2024, Globe Metals retains the Market Risk Adjusted Performance of 0.0483, standard deviation of 4.56, and insignificant Risk Adjusted Performance. Globe Metals technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Globe Metals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Globe, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GlobeGlobe |
Globe Metals 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.
Globe Metals Mining Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Globe Metals Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Globe Metals Mining Trend Analysis
Use this graph to draw trend lines for Globe Metals Mining. You can use it to identify possible trend reversals for Globe Metals 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 Globe Metals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Globe Metals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Globe Metals Mining applied against its price change over selected period. The best fit line has a slop of 0.000062 , which means Globe Metals Mining 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 Globe Metals price change compared to its average price change.About Globe Metals 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 Globe Metals Mining 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 Globe Metals Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Globe Metals Mining price pattern first instead of the macroeconomic environment surrounding Globe Metals Mining. By analyzing Globe Metals'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 Globe Metals'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 Globe Metals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Globe Metals December 15, 2024 Technical Indicators
Most technical analysis of Globe 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 Globe from various momentum indicators to cycle indicators. When you analyze Globe 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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| Volume Indicators |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | 0.0483 | |||
| Mean Deviation | 2.71 | |||
| Coefficient Of Variation | (6,368) | |||
| Standard Deviation | 4.56 | |||
| Variance | 20.75 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.1101 | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | 0.0383 | |||
| Maximum Drawdown | 24.62 | |||
| Value At Risk | (8.16) | |||
| Potential Upside | 7.32 | |||
| Skewness | 0.0022 | |||
| Kurtosis | 1.64 |
Additional Tools for Globe Stock Analysis
When running Globe Metals' price analysis, check to measure Globe Metals' 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 Globe Metals is operating at the current time. Most of Globe Metals' value examination focuses on studying past and present price action to predict the probability of Globe Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Metals' price. Additionally, you may evaluate how the addition of Globe Metals to your portfolios can decrease your overall portfolio volatility.