Erdene Resource Stock Forward View - Accumulation Distribution
| ERD Stock | CAD 7.78 0.46 6.28% |
Erdene Stock outlook is based on your current time horizon. Although Erdene Resource's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Erdene Resource's systematic risk associated with finding meaningful patterns of Erdene Resource fundamentals over time.
As of today the relative strength momentum indicator of Erdene Resource's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Wall Street Target Price 14.5 |
Using Erdene Resource hype-based prediction, you can estimate the value of Erdene Resource Development from the perspective of Erdene Resource response to recently generated media hype and the effects of current headlines on its competitors.
Erdene Resource after-hype prediction price | CAD 7.82 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Erdene |
Erdene Resource Additional Predictive Modules
Most predictive techniques to examine Erdene price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Erdene using various technical indicators. When you analyze Erdene charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 14679.1 | 12516.92 |
| Check Erdene Resource Volatility | Backtest Erdene Resource | Information Ratio |
Erdene Resource Trading Date Momentum
| On February 06 2026 Erdene Resource Development was traded for 7.78 at the closing time. The maximum traded price for the trading interval was 7.80 and the lowest daily price was 7.38 . The daily volume was recorded at 232.5 K. The volume of trading on 6th of February 2026 did not affect price variability. The overall trading delta to the closing price today is 5.14% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Erdene Resource to competition |
Other Forecasting Options for Erdene Resource
For every potential investor in Erdene, whether a beginner or expert, Erdene Resource's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Erdene Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Erdene. Basic forecasting techniques help filter out the noise by identifying Erdene Resource's price trends.Erdene Resource Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Erdene Resource stock to make a market-neutral strategy. Peer analysis of Erdene Resource could also be used in its relative valuation, which is a method of valuing Erdene Resource by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Erdene Resource Market Strength Events
Market strength indicators help investors to evaluate how Erdene Resource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erdene Resource shares will generate the highest return on investment. By undertsting and applying Erdene Resource stock market strength indicators, traders can identify Erdene Resource Development entry and exit signals to maximize returns.
| Accumulation Distribution | 12516.92 | |||
| Daily Balance Of Power | 1.095238 | |||
| Rate Of Daily Change | 1.06 | |||
| Day Median Price | 7.59 | |||
| Day Typical Price | 7.65 | |||
| Price Action Indicator | 0.42 | |||
| Period Momentum Indicator | 0.46 |
Erdene Resource Risk Indicators
The analysis of Erdene Resource's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Erdene Resource's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting erdene stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.66 | |||
| Semi Deviation | 3.2 | |||
| Standard Deviation | 3.78 | |||
| Variance | 14.27 | |||
| Downside Variance | 10.92 | |||
| Semi Variance | 10.24 | |||
| Expected Short fall | (2.98) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Erdene Resource
The number of cover stories for Erdene Resource depends on current market conditions and Erdene Resource's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Erdene Resource is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Erdene Resource's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
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Erdene Resource Short Properties
Erdene Resource's future price predictability will typically decrease when Erdene Resource's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Erdene Resource Development often depends not only on the future outlook of the potential Erdene Resource's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Erdene Resource's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 348.5 M | |
| Cash And Short Term Investments | 7.3 M |
Other Information on Investing in Erdene Stock
Erdene Resource financial ratios help investors to determine whether Erdene Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Erdene with respect to the benefits of owning Erdene Resource security.