Chesapeake Gold Corp Stock Technical Analysis
| CHPGF Stock | USD 0.78 0.08 11.43% |
As of the 2nd of December, Chesapeake Gold shows the risk adjusted performance of (0.08), and Mean Deviation of 3.6. Chesapeake 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. 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 were able to analyze and collect data for thirteen technical drivers for Chesapeake Gold Corp, which can be compared to its peers. Please confirm Chesapeake Gold Corp standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Chesapeake Gold Corp is priced correctly, providing market reflects its regular price of 0.78 per share. As Chesapeake Gold Corp is a penny stock we also strongly suggest to validate its jensen alpha numbers.
Chesapeake 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 Chesapeake, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChesapeakeChesapeake |
Chesapeake Gold 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.
Chesapeake Gold Corp Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Chesapeake Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Chesapeake Gold Corp Trend Analysis
Use this graph to draw trend lines for Chesapeake Gold Corp. You can use it to identify possible trend reversals for Chesapeake 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 Chesapeake Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Chesapeake Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Chesapeake Gold Corp applied against its price change over selected period. The best fit line has a slop of 0.0099 , which may suggest that Chesapeake Gold Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.67, which is the sum of squared deviations for the predicted Chesapeake Gold price change compared to its average price change.About Chesapeake 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 Chesapeake 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 Chesapeake Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Chesapeake Gold Corp price pattern first instead of the macroeconomic environment surrounding Chesapeake Gold Corp. By analyzing Chesapeake 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 Chesapeake 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 Chesapeake Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
Chesapeake Gold December 2, 2024 Technical Indicators
Most technical analysis of Chesapeake 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 Chesapeake from various momentum indicators to cycle indicators. When you analyze Chesapeake 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 | (0.08) | |||
| Market Risk Adjusted Performance | (0.60) | |||
| Mean Deviation | 3.6 | |||
| Coefficient Of Variation | (864.67) | |||
| Standard Deviation | 5.32 | |||
| Variance | 28.25 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.76) | |||
| Total Risk Alpha | (1.51) | |||
| Treynor Ratio | (0.61) | |||
| Maximum Drawdown | 34.99 | |||
| Value At Risk | (7.59) | |||
| Potential Upside | 6.98 | |||
| Skewness | (0.70) | |||
| Kurtosis | 3.73 |
Complementary Tools for Chesapeake OTC Stock analysis
When running Chesapeake Gold's price analysis, check to measure Chesapeake 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 Chesapeake Gold is operating at the current time. Most of Chesapeake Gold's value examination focuses on studying past and present price action to predict the probability of Chesapeake 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 Chesapeake Gold's price. Additionally, you may evaluate how the addition of Chesapeake Gold to your portfolios can decrease your overall portfolio volatility.
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