Medmira Stock Technical Analysis
| MMIRF Stock | USD 0.06 0.00 0.00% |
As of the 3rd of December, MedMira secures the Risk Adjusted Performance of 0.1059, standard deviation of 38.68, and Mean Deviation of 9.7. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MedMira, as well as the relationship between them. Please verify MedMira mean deviation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if MedMira is priced some-what accurately, providing market reflects its recent price of 0.0574 per share. As MedMira appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.
MedMira Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MedMira, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MedMiraMedMira |
MedMira technical pink sheet 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, pink sheet market cycles, or different charting patterns.
MedMira Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 MedMira volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MedMira Trend Analysis
Use this graph to draw trend lines for MedMira. You can use it to identify possible trend reversals for MedMira 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 MedMira price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MedMira Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MedMira applied against its price change over selected period. The best fit line has a slop of 0.0002 , which means MedMira 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 MedMira price change compared to its average price change.About MedMira 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 MedMira 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 MedMira based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MedMira price pattern first instead of the macroeconomic environment surrounding MedMira. By analyzing MedMira'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 MedMira'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 MedMira specific price patterns or momentum indicators. Please read more on our technical analysis page.
MedMira December 3, 2024 Technical Indicators
Most technical analysis of MedMira 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 MedMira from various momentum indicators to cycle indicators. When you analyze MedMira 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 | 0.1059 | |||
| Market Risk Adjusted Performance | (20.66) | |||
| Mean Deviation | 9.7 | |||
| Coefficient Of Variation | 794.79 | |||
| Standard Deviation | 38.68 | |||
| Variance | 1495.8 | |||
| Information Ratio | 0.1226 | |||
| Jensen Alpha | 4.88 | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (20.67) | |||
| Maximum Drawdown | 321.49 | |||
| Value At Risk | (0.17) | |||
| Skewness | 8.08 | |||
| Kurtosis | 65.5 |
Complementary Tools for MedMira Pink Sheet analysis
When running MedMira's price analysis, check to measure MedMira'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 MedMira is operating at the current time. Most of MedMira's value examination focuses on studying past and present price action to predict the probability of MedMira's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MedMira's price. Additionally, you may evaluate how the addition of MedMira to your portfolios can decrease your overall portfolio volatility.
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