Cordoba Minerals Corp Stock Technical Analysis
CDBMF Stock | USD 0.28 0.05 15.15% |
As of the 1st of December, Cordoba Minerals shows the Downside Deviation of 12.54, risk adjusted performance of 0.0497, and Mean Deviation of 4.3. Cordoba Minerals 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 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 have collected data for nineteen technical drivers for Cordoba Minerals Corp, which can be compared to its peers. Please confirm Cordoba Minerals Corp jensen alpha and the relationship between the value at risk and kurtosis to decide if Cordoba Minerals Corp is priced correctly, providing market reflects its regular price of 0.28 per share. As Cordoba Minerals Corp appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Cordoba Minerals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cordoba, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CordobaCordoba |
Cordoba Minerals technical otc 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, otc market cycles, or different charting patterns.
Cordoba Minerals Corp Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Cordoba Minerals Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cordoba Minerals Corp Trend Analysis
Use this graph to draw trend lines for Cordoba Minerals Corp. You can use it to identify possible trend reversals for Cordoba Minerals 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 Cordoba Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cordoba Minerals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cordoba Minerals Corp applied against its price change over selected period. The best fit line has a slop of 0.0005 , which means Cordoba Minerals Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Cordoba Minerals price change compared to its average price change.About Cordoba Minerals 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 Cordoba Minerals 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 Cordoba Minerals Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Cordoba Minerals Corp price pattern first instead of the macroeconomic environment surrounding Cordoba Minerals Corp. By analyzing Cordoba Minerals'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 Cordoba Minerals'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 Cordoba Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cordoba Minerals December 1, 2024 Technical Indicators
Most technical analysis of Cordoba 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 Cordoba from various momentum indicators to cycle indicators. When you analyze Cordoba 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 | 0.0497 | |||
Market Risk Adjusted Performance | (0.64) | |||
Mean Deviation | 4.3 | |||
Semi Deviation | 5.26 | |||
Downside Deviation | 12.54 | |||
Coefficient Of Variation | 1883.97 | |||
Standard Deviation | 8.67 | |||
Variance | 75.23 | |||
Information Ratio | 0.0372 | |||
Jensen Alpha | 0.5382 | |||
Total Risk Alpha | (1.00) | |||
Sortino Ratio | 0.0257 | |||
Treynor Ratio | (0.65) | |||
Maximum Drawdown | 52.43 | |||
Value At Risk | (15.38) | |||
Potential Upside | 19.23 | |||
Downside Variance | 157.3 | |||
Semi Variance | 27.62 | |||
Expected Short fall | (16.21) | |||
Skewness | 1.42 | |||
Kurtosis | 5.37 |
Complementary Tools for Cordoba OTC Stock analysis
When running Cordoba Minerals' price analysis, check to measure Cordoba Minerals' 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 Cordoba Minerals is operating at the current time. Most of Cordoba Minerals' value examination focuses on studying past and present price action to predict the probability of Cordoba Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cordoba Minerals' price. Additionally, you may evaluate how the addition of Cordoba Minerals to your portfolios can decrease your overall portfolio volatility.
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