WA1 Resources (Australia) Technical Analysis
| WA1 Stock | 16.03 0.22 1.39% |
As of the 1st of December, WA1 Resources owns the Market Risk Adjusted Performance of 4.92, information ratio of (0.04), and Variance of 16.31. Concerning fundamental indicators, the technical analysis model lets you check potential technical drivers of WA1 Resources, as well as the relationship between them.
WA1 Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WA1, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WA1WA1 |
WA1 Resources 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.
WA1 Resources Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 WA1 Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WA1 Resources Trend Analysis
Use this graph to draw trend lines for WA1 Resources. You can use it to identify possible trend reversals for WA1 Resources 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 WA1 Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WA1 Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WA1 Resources applied against its price change over selected period. The best fit line has a slop of 0 , which means WA1 Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.16, which is the sum of squared deviations for the predicted WA1 Resources price change compared to its average price change.About WA1 Resources 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 WA1 Resources 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 WA1 Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on WA1 Resources price pattern first instead of the macroeconomic environment surrounding WA1 Resources. By analyzing WA1 Resources'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 WA1 Resources'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 WA1 Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
WA1 Resources December 1, 2024 Technical Indicators
Most technical analysis of WA1 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 WA1 from various momentum indicators to cycle indicators. When you analyze WA1 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 | 3.0E-4 | |||
| Market Risk Adjusted Performance | 4.92 | |||
| Mean Deviation | 2.88 | |||
| Coefficient Of Variation | (9,825) | |||
| Standard Deviation | 4.04 | |||
| Variance | 16.31 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | 4.91 | |||
| Maximum Drawdown | 23.96 | |||
| Value At Risk | (6.71) | |||
| Potential Upside | 6.16 | |||
| Skewness | 0.967 | |||
| Kurtosis | 4.21 |
Additional Tools for WA1 Stock Analysis
When running WA1 Resources' price analysis, check to measure WA1 Resources' 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 WA1 Resources is operating at the current time. Most of WA1 Resources' value examination focuses on studying past and present price action to predict the probability of WA1 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WA1 Resources' price. Additionally, you may evaluate how the addition of WA1 Resources to your portfolios can decrease your overall portfolio volatility.