B2gold Corp Stock Technical Analysis
| BTG Stock | USD 2.86 0.04 1.42% |
As of the 22nd of November, B2Gold Corp shows the coefficient of variation of 5722.38, and Mean Deviation of 2.09. B2Gold Corp 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 entity's future prices. Please confirm B2Gold Corp treynor ratio, and the relationship between the standard deviation and downside variance to decide if B2Gold Corp is priced more or less accurately, providing market reflects its regular price of 2.86 per share. Please also double-check B2Gold Corp total risk alpha, which is currently at (0.28) to validate the company can sustain itself sooner or later.
B2Gold Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as B2Gold, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to B2GoldB2Gold |
B2Gold Corp Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 4.81 | Strong Buy | 14 | Odds |
Most B2Gold 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 B2Gold stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of B2Gold Corp, talking to its executives and customers, or listening to B2Gold conference calls.
B2Gold Corp 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.
B2Gold Corp Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 B2Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
B2Gold Corp Trend Analysis
Use this graph to draw trend lines for B2Gold Corp. You can use it to identify possible trend reversals for B2Gold Corp 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 B2Gold Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.B2Gold Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for B2Gold Corp applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that B2Gold Corp will maintain its good market sentiment and make money 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 B2Gold Corp price change compared to its average price change.About B2Gold Corp 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 B2Gold Corp 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 B2Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on B2Gold Corp price pattern first instead of the macroeconomic environment surrounding B2Gold Corp. By analyzing B2Gold Corp'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 B2Gold Corp'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 B2Gold Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0403 | 0.0431 | 0.048 | 0.0247 | Price To Sales Ratio | 2.35 | 2.19 | 1.98 | 1.88 |
B2Gold Corp November 22, 2024 Technical Indicators
Most technical analysis of B2Gold 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 B2Gold from various momentum indicators to cycle indicators. When you analyze B2Gold 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 | 0.0205 | |||
| Market Risk Adjusted Performance | 0.0771 | |||
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.26 | |||
| Downside Deviation | 2.45 | |||
| Coefficient Of Variation | 5722.38 | |||
| Standard Deviation | 2.85 | |||
| Variance | 8.12 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0671 | |||
| Maximum Drawdown | 17.88 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 3.9 | |||
| Downside Variance | 5.99 | |||
| Semi Variance | 5.13 | |||
| Expected Short fall | (2.51) | |||
| Skewness | 1.46 | |||
| Kurtosis | 5.61 |
Complementary Tools for B2Gold Stock analysis
When running B2Gold Corp's price analysis, check to measure B2Gold Corp'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 B2Gold Corp is operating at the current time. Most of B2Gold Corp's value examination focuses on studying past and present price action to predict the probability of B2Gold Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B2Gold Corp's price. Additionally, you may evaluate how the addition of B2Gold Corp to your portfolios can decrease your overall portfolio volatility.
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