Agnico-Eagle Stock Technical Analysis

AEM
 Stock
  

USD 44.08  0.35  0.79%   

As of the 6th of October, Agnico-Eagle Mines shows the mean deviation of 2.05, and Risk Adjusted Performance of 0.0045. Agnico-Eagle Mines technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Agnico-Eagle Mines, which can be compared to its rivals. Please confirm Agnico-Eagle Mines information ratio, as well as the relationship between the value at risk and expected short fall to decide if Agnico-Eagle Mines is priced correctly, providing market reflects its regular price of 44.08 per share. Given that Agnico-Eagle Mines has jensen alpha of 0.0276, we suggest you to validate Agnico-Eagle Mines's prevailing market performance to make sure the company can sustain itself at a future point.
  

Agnico-Eagle Mines Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Agnico-Eagle, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Agnico-Eagle
Agnico-Eagle Mines' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Agnico-Eagle Mines Analyst Consensus

Target PriceAdvice# of Analysts
75.0Buy9Odds
Agnico-Eagle Mines current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Agnico-Eagle analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Agnico-Eagle stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Agnico-Eagle Mines, talking to its executives and customers, or listening to Agnico-Eagle conference calls.
Agnico-Eagle Analyst Advice Details
Agnico-Eagle Mines 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.
A focus of Agnico-Eagle Mines technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Agnico-Eagle Mines trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Agnico-Eagle Mines Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for Agnico-Eagle Mines across different markets.
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Agnico-Eagle Mines Trend Analysis

Use this graph to draw trend lines for Agnico-Eagle Mines. You can use it to identify possible trend reversals for Agnico-Eagle Mines 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 Agnico-Eagle Mines price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Agnico-Eagle Mines Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Agnico-Eagle Mines applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may imply that the returns on investment in Agnico-Eagle Mines will continue to fail. It has 122 observation points and a regression sum of squares at 11.33, which is the sum of squared deviations for the predicted Agnico-Eagle Mines price change compared to its average price change.

About Agnico-Eagle Mines 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 Agnico-Eagle Mines 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 Agnico-Eagle Mines based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Agnico-Eagle Mines price pattern first instead of the macroeconomic environment surrounding Agnico-Eagle Mines. By analyzing Agnico-Eagle Mines'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 Agnico-Eagle Mines'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 Agnico-Eagle Mines specific price patterns or momentum indicators. Please read more on our technical analysis page.

Agnico-Eagle Mines October 6, 2022 Technical Indicators

Most technical analysis of Agnico-Eagle 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 Agnico-Eagle from various momentum indicators to cycle indicators. When you analyze Agnico-Eagle 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.

Agnico-Eagle Mines October 6, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Agnico-Eagle stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please continue to Trending Equities. Note that the Agnico-Eagle Mines information on this page should be used as a complementary analysis to other Agnico-Eagle Mines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try CEO Directory module to screen CEOs from public companies around the world.

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When running Agnico-Eagle Mines price analysis, check to measure Agnico-Eagle Mines' 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 Agnico-Eagle Mines is operating at the current time. Most of Agnico-Eagle Mines' value examination focuses on studying past and present price action to predict the probability of Agnico-Eagle Mines' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Agnico-Eagle Mines' price. Additionally, you may evaluate how the addition of Agnico-Eagle Mines to your portfolios can decrease your overall portfolio volatility.
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Is Agnico-Eagle Mines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico-Eagle Mines. If investors know Agnico-Eagle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico-Eagle Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Agnico-Eagle Mines is measured differently than its book value, which is the value of Agnico-Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico-Eagle Mines' value that differs from its market value or its book value, called intrinsic value, which is Agnico-Eagle Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico-Eagle Mines' market value can be influenced by many factors that don't directly affect Agnico-Eagle Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico-Eagle Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine Agnico-Eagle Mines value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico-Eagle Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.