Zanaga Iron (UK) Technical Analysis
| ZIOC Stock | 4.00 0.16 4.17% |
As of the 1st of December, Zanaga Iron maintains the Market Risk Adjusted Performance of 0.3724, standard deviation of 3.92, and Mean Deviation of 2.89. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zanaga Iron Ore, as well as the relationship between them. Please check out Zanaga Iron Ore coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Zanaga Iron Ore is priced fairly, providing market reflects its latest price of 4.0 per share.
Zanaga Iron Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zanaga, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZanagaZanaga |
Zanaga Iron 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.
Zanaga Iron Ore 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 Zanaga Iron Ore volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Zanaga Iron Ore Trend Analysis
Use this graph to draw trend lines for Zanaga Iron Ore. You can use it to identify possible trend reversals for Zanaga Iron 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 Zanaga Iron price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Zanaga Iron Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Zanaga Iron Ore applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Zanaga Iron Ore market price will keep on failing further. It has 122 observation points and a regression sum of squares at 45.11, which is the sum of squared deviations for the predicted Zanaga Iron price change compared to its average price change.About Zanaga Iron 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 Zanaga Iron Ore 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 Zanaga Iron Ore based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zanaga Iron Ore price pattern first instead of the macroeconomic environment surrounding Zanaga Iron Ore. By analyzing Zanaga Iron'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 Zanaga Iron'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 Zanaga Iron specific price patterns or momentum indicators. Please read more on our technical analysis page.
Zanaga Iron December 1, 2024 Technical Indicators
Most technical analysis of Zanaga 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 Zanaga from various momentum indicators to cycle indicators. When you analyze Zanaga 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.
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| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | 0.3724 | |||
| Mean Deviation | 2.89 | |||
| Coefficient Of Variation | (1,164) | |||
| Standard Deviation | 3.92 | |||
| Variance | 15.4 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | 0.3624 | |||
| Maximum Drawdown | 18.98 | |||
| Value At Risk | (7.79) | |||
| Potential Upside | 5.42 | |||
| Skewness | (0.41) | |||
| Kurtosis | 0.6275 |
Additional Tools for Zanaga Stock Analysis
When running Zanaga Iron's price analysis, check to measure Zanaga Iron'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 Zanaga Iron is operating at the current time. Most of Zanaga Iron's value examination focuses on studying past and present price action to predict the probability of Zanaga Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zanaga Iron's price. Additionally, you may evaluate how the addition of Zanaga Iron to your portfolios can decrease your overall portfolio volatility.