Aurum Resources (Australia) Technical Analysis
| AUE Stock | 0.42 0.01 2.44% |
As of the 24th of November, Aurum Resources shows the Downside Deviation of 5.35, mean deviation of 3.84, and Risk Adjusted Performance of 0.0776. Aurum Resources 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.
Aurum 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 Aurum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AurumAurum |
Aurum 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.
Aurum Resources Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Aurum Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Aurum Resources Trend Analysis
Use this graph to draw trend lines for Aurum Resources. You can use it to identify possible trend reversals for Aurum 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 Aurum Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Aurum Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aurum Resources applied against its price change over selected period. The best fit line has a slop of 0 , which means Aurum Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.11, which is the sum of squared deviations for the predicted Aurum Resources price change compared to its average price change.About Aurum 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 Aurum 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 Aurum Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aurum Resources price pattern first instead of the macroeconomic environment surrounding Aurum Resources. By analyzing Aurum 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 Aurum 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 Aurum Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Aurum Resources November 24, 2024 Technical Indicators
Most technical analysis of Aurum 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 Aurum from various momentum indicators to cycle indicators. When you analyze Aurum 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 | 0.0776 | |||
| Market Risk Adjusted Performance | 0.2936 | |||
| Mean Deviation | 3.84 | |||
| Semi Deviation | 4.16 | |||
| Downside Deviation | 5.35 | |||
| Coefficient Of Variation | 1107.7 | |||
| Standard Deviation | 4.82 | |||
| Variance | 23.23 | |||
| Information Ratio | 0.0631 | |||
| Jensen Alpha | 0.2441 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0569 | |||
| Treynor Ratio | 0.2836 | |||
| Maximum Drawdown | 23.61 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 8.33 | |||
| Downside Variance | 28.59 | |||
| Semi Variance | 17.33 | |||
| Expected Short fall | (4.96) | |||
| Skewness | (0.07) | |||
| Kurtosis | (0.21) |
Additional Tools for Aurum Stock Analysis
When running Aurum Resources' price analysis, check to measure Aurum 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 Aurum Resources is operating at the current time. Most of Aurum Resources' value examination focuses on studying past and present price action to predict the probability of Aurum Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurum Resources' price. Additionally, you may evaluate how the addition of Aurum Resources to your portfolios can decrease your overall portfolio volatility.