Renoworks Software Stock Technical Analysis
| ROWKF Stock | USD 0.16 0.00 0.00% |
As of the 1st of December, RenoWorks Software holds the Risk Adjusted Performance of 0.0899, variance of 11186.4, and Coefficient Of Variation of 956.3. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of RenoWorks Software, as well as the relationship between them. Please check RenoWorks Software market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if RenoWorks Software is priced some-what accurately, providing market reflects its current price of 0.16 per share. As RenoWorks Software appears to be a penny stock we also advise to check out its information ratio numbers.
RenoWorks Software Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RenoWorks, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RenoWorksRenoWorks |
RenoWorks Software 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.
RenoWorks Software Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 RenoWorks Software volatility. High ATR values indicate high volatility, and low values indicate low volatility.
RenoWorks Software Trend Analysis
Use this graph to draw trend lines for RenoWorks Software. You can use it to identify possible trend reversals for RenoWorks Software 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 RenoWorks Software price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.RenoWorks Software Best Fit Change Line
The following chart estimates an ordinary least squares regression model for RenoWorks Software applied against its price change over selected period. The best fit line has a slop of 0.0001 , which means RenoWorks Software 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 RenoWorks Software price change compared to its average price change.About RenoWorks Software 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 RenoWorks Software 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 RenoWorks Software based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on RenoWorks Software price pattern first instead of the macroeconomic environment surrounding RenoWorks Software. By analyzing RenoWorks Software'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 RenoWorks Software'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 RenoWorks Software specific price patterns or momentum indicators. Please read more on our technical analysis page.
RenoWorks Software December 1, 2024 Technical Indicators
Most technical analysis of RenoWorks 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 RenoWorks from various momentum indicators to cycle indicators. When you analyze RenoWorks 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 | 0.0899 | |||
| Market Risk Adjusted Performance | 2.83 | |||
| Mean Deviation | 25.49 | |||
| Coefficient Of Variation | 956.3 | |||
| Standard Deviation | 105.77 | |||
| Variance | 11186.4 | |||
| Information Ratio | 0.1033 | |||
| Jensen Alpha | 10.55 | |||
| Total Risk Alpha | (6.61) | |||
| Treynor Ratio | 2.82 | |||
| Maximum Drawdown | 852.38 | |||
| Skewness | 7.97 | |||
| Kurtosis | 64.42 |
Complementary Tools for RenoWorks Pink Sheet analysis
When running RenoWorks Software's price analysis, check to measure RenoWorks Software'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 RenoWorks Software is operating at the current time. Most of RenoWorks Software's value examination focuses on studying past and present price action to predict the probability of RenoWorks Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RenoWorks Software's price. Additionally, you may evaluate how the addition of RenoWorks Software to your portfolios can decrease your overall portfolio volatility.
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