Cerrado Gold Corp Stock Technical Analysis
| CERT Stock | CAD 0.35 0.01 2.78% |
As of the 1st of December, Cerrado Gold shows the Risk Adjusted Performance of 0.1068, mean deviation of 5.89, and Downside Deviation of 6.3. Cerrado Gold 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. Please confirm Cerrado Gold Corp jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Cerrado Gold Corp is priced correctly, providing market reflects its regular price of 0.35 per share.
Cerrado Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cerrado, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CerradoCerrado |
Cerrado Gold 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.
Cerrado Gold 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 Cerrado Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cerrado Gold Corp Trend Analysis
Use this graph to draw trend lines for Cerrado Gold Corp. You can use it to identify possible trend reversals for Cerrado Gold 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 Cerrado Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cerrado Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cerrado Gold Corp applied against its price change over selected period. The best fit line has a slop of 0 , which means Cerrado Gold Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.48, which is the sum of squared deviations for the predicted Cerrado Gold price change compared to its average price change.About Cerrado Gold 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 Cerrado Gold 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 Cerrado Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cerrado Gold Corp price pattern first instead of the macroeconomic environment surrounding Cerrado Gold Corp. By analyzing Cerrado Gold'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 Cerrado Gold'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 Cerrado Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cerrado Gold December 1, 2024 Technical Indicators
Most technical analysis of Cerrado 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 Cerrado from various momentum indicators to cycle indicators. When you analyze Cerrado 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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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1068 | |||
| Market Risk Adjusted Performance | 1.31 | |||
| Mean Deviation | 5.89 | |||
| Semi Deviation | 4.92 | |||
| Downside Deviation | 6.3 | |||
| Coefficient Of Variation | 781.77 | |||
| Standard Deviation | 7.66 | |||
| Variance | 58.65 | |||
| Information Ratio | 0.1099 | |||
| Jensen Alpha | 0.8741 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.1337 | |||
| Treynor Ratio | 1.3 | |||
| Maximum Drawdown | 37.34 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 15.0 | |||
| Downside Variance | 39.68 | |||
| Semi Variance | 24.16 | |||
| Expected Short fall | (9.08) | |||
| Skewness | 1.07 | |||
| Kurtosis | 1.54 |
Additional Tools for Cerrado Stock Analysis
When running Cerrado Gold's price analysis, check to measure Cerrado Gold'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 Cerrado Gold is operating at the current time. Most of Cerrado Gold's value examination focuses on studying past and present price action to predict the probability of Cerrado Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cerrado Gold's price. Additionally, you may evaluate how the addition of Cerrado Gold to your portfolios can decrease your overall portfolio volatility.