Sayona Mining Limited Stock Technical Analysis
| SYAXF Stock | USD 0.02 0 6.98% |
As of the 29th of November, Sayona Mining has the Semi Deviation of 7.17, coefficient of variation of 1768.2, and Risk Adjusted Performance of 0.0524. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sayona Mining Limited, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Sayona Mining Limited, which can be compared to its competition. Please validate Sayona Mining Limited standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Sayona Mining is priced more or less accurately, providing market reflects its prevalent price of 0.02 per share. As Sayona Mining Limited appears to be a penny stock we also recommend to double-check its total risk alpha numbers.
Sayona Mining Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sayona, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SayonaSayona |
Sayona Mining technical otc 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, otc market cycles, or different charting patterns.
Sayona Mining Limited Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Sayona Mining Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sayona Mining Limited Trend Analysis
Use this graph to draw trend lines for Sayona Mining Limited. You can use it to identify possible trend reversals for Sayona Mining 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 Sayona Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sayona Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sayona Mining Limited applied against its price change over selected period. The best fit line has a slop of 0.000077 , which means Sayona Mining Limited 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 Sayona Mining price change compared to its average price change.About Sayona Mining 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 Sayona Mining Limited 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 Sayona Mining Limited based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Sayona Mining Limited price pattern first instead of the macroeconomic environment surrounding Sayona Mining Limited. By analyzing Sayona Mining'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 Sayona Mining'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 Sayona Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sayona Mining November 29, 2024 Technical Indicators
Most technical analysis of Sayona 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 Sayona from various momentum indicators to cycle indicators. When you analyze Sayona 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 | 0.0524 | |||
| Market Risk Adjusted Performance | (0.57) | |||
| Mean Deviation | 5.87 | |||
| Semi Deviation | 7.17 | |||
| Downside Deviation | 7.82 | |||
| Coefficient Of Variation | 1768.2 | |||
| Standard Deviation | 7.86 | |||
| Variance | 61.79 | |||
| Information Ratio | 0.0406 | |||
| Jensen Alpha | 0.5206 | |||
| Total Risk Alpha | (0.75) | |||
| Sortino Ratio | 0.0408 | |||
| Treynor Ratio | (0.58) | |||
| Maximum Drawdown | 39.17 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 15.79 | |||
| Downside Variance | 61.2 | |||
| Semi Variance | 51.47 | |||
| Expected Short fall | (6.49) | |||
| Skewness | 0.2468 | |||
| Kurtosis | 0.32 |
Complementary Tools for Sayona OTC Stock analysis
When running Sayona Mining's price analysis, check to measure Sayona Mining'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 Sayona Mining is operating at the current time. Most of Sayona Mining's value examination focuses on studying past and present price action to predict the probability of Sayona Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sayona Mining's price. Additionally, you may evaluate how the addition of Sayona Mining to your portfolios can decrease your overall portfolio volatility.
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