Sound Energy Plc Stock Technical Analysis
SNEGF Stock | USD 0.01 0.0009 21.95% |
As of the 12th of December 2024, Sound Energy has the Risk Adjusted Performance of (0.05), variance of 101.28, and Coefficient Of Variation of (1,176). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sound Energy plc, as well as the relationship between them. Please validate Sound Energy plc standard deviation, as well as the relationship between the treynor ratio and kurtosis to decide if Sound Energy is priced more or less accurately, providing market reflects its prevalent price of 0.005 per share. As Sound Energy plc appears to be a penny stock we also recommend to double-check its information ratio numbers.
Sound Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sound, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SoundSound |
Sound Energy 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.
Sound Energy plc 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 Sound Energy plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sound Energy plc Trend Analysis
Use this graph to draw trend lines for Sound Energy plc. You can use it to identify possible trend reversals for Sound Energy 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 Sound Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sound Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sound Energy plc applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Sound Energy plc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Sound Energy price change compared to its average price change.About Sound Energy 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 Sound Energy plc 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 Sound Energy plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sound Energy plc price pattern first instead of the macroeconomic environment surrounding Sound Energy plc. By analyzing Sound Energy'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 Sound Energy'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 Sound Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sound Energy December 12, 2024 Technical Indicators
Most technical analysis of Sound 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 Sound from various momentum indicators to cycle indicators. When you analyze Sound 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 | (0.05) | |||
Market Risk Adjusted Performance | 0.2938 | |||
Mean Deviation | 2.35 | |||
Coefficient Of Variation | (1,176) | |||
Standard Deviation | 10.06 | |||
Variance | 101.28 | |||
Information Ratio | (0.1) | |||
Jensen Alpha | (0.52) | |||
Total Risk Alpha | (2.46) | |||
Treynor Ratio | 0.2838 | |||
Maximum Drawdown | 78.42 | |||
Skewness | (7.08) | |||
Kurtosis | 56.84 |
Complementary Tools for Sound Pink Sheet analysis
When running Sound Energy's price analysis, check to measure Sound Energy'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 Sound Energy is operating at the current time. Most of Sound Energy's value examination focuses on studying past and present price action to predict the probability of Sound Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sound Energy's price. Additionally, you may evaluate how the addition of Sound Energy to your portfolios can decrease your overall portfolio volatility.
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