Coronado Global Resources Stock Technical Analysis
| CODQL Stock | USD 0.60 0.00 0.00% |
As of the 29th of November, Coronado Global shows the Risk Adjusted Performance of (0.09), standard deviation of 4.17, and Mean Deviation of 1.03. Coronado Global 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. Please confirm Coronado Global Resources risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis to decide if Coronado Global Resources is priced correctly, providing market reflects its regular price of 0.6 per share. As Coronado Global Resources is a penny stock we also strongly suggest to validate its information ratio numbers.
Coronado Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Coronado, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CoronadoCoronado |
Coronado Global technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Coronado Global Resources Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Coronado Global Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Coronado Global Resources Trend Analysis
Use this graph to draw trend lines for Coronado Global Resources. You can use it to identify possible trend reversals for Coronado Global 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 Coronado Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Coronado Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Coronado Global Resources applied against its price change over selected period. The best fit line has a slop of 0.0005 , which may suggest that Coronado Global Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Coronado Global price change compared to its average price change.About Coronado Global 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 Coronado Global 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 Coronado Global Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Coronado Global Resources price pattern first instead of the macroeconomic environment surrounding Coronado Global Resources. By analyzing Coronado Global'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 Coronado Global'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 Coronado Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Coronado Global November 29, 2024 Technical Indicators
Most technical analysis of Coronado 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 Coronado from various momentum indicators to cycle indicators. When you analyze Coronado 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 | (0.09) | |||
| Market Risk Adjusted Performance | (0.46) | |||
| Mean Deviation | 1.03 | |||
| Coefficient Of Variation | (800.00) | |||
| Standard Deviation | 4.17 | |||
| Variance | 17.36 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | (0.47) | |||
| Maximum Drawdown | 33.33 | |||
| Skewness | (8.00) | |||
| Kurtosis | 64.0 |
Other Information on Investing in Coronado Pink Sheet
Coronado Global financial ratios help investors to determine whether Coronado Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Coronado with respect to the benefits of owning Coronado Global security.