Corsa Coal Corp Stock Technical Analysis
CRSXF Stock | USD 0.18 0.03 20.00% |
As of the 28th of November, Corsa Coal shows the Mean Deviation of 4.54, risk adjusted performance of 0.0117, and Downside Deviation of 8.1. Corsa Coal 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 analyzed and interpolated nineteen technical drivers for Corsa Coal Corp, which can be compared to its peers. Please confirm Corsa Coal Corp standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Corsa Coal Corp is priced correctly, providing market reflects its regular price of 0.18 per share. As Corsa Coal Corp appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Corsa Coal Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Corsa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CorsaCorsa |
Corsa Coal 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.
Corsa Coal 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 Corsa Coal Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Corsa Coal Corp Trend Analysis
Use this graph to draw trend lines for Corsa Coal Corp. You can use it to identify possible trend reversals for Corsa Coal 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 Corsa Coal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Corsa Coal Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Corsa Coal Corp applied against its price change over selected period. The best fit line has a slop of 0.0008 , which means Corsa Coal Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Corsa Coal price change compared to its average price change.About Corsa Coal 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 Corsa Coal 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 Corsa Coal Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Corsa Coal Corp price pattern first instead of the macroeconomic environment surrounding Corsa Coal Corp. By analyzing Corsa Coal'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 Corsa Coal'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 Corsa Coal specific price patterns or momentum indicators. Please read more on our technical analysis page.
Corsa Coal November 28, 2024 Technical Indicators
Most technical analysis of Corsa 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 Corsa from various momentum indicators to cycle indicators. When you analyze Corsa 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 | 0.0117 | |||
Market Risk Adjusted Performance | (0.01) | |||
Mean Deviation | 4.54 | |||
Semi Deviation | 4.99 | |||
Downside Deviation | 8.1 | |||
Coefficient Of Variation | 27505.12 | |||
Standard Deviation | 6.89 | |||
Variance | 47.41 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | 0.0937 | |||
Total Risk Alpha | (1.07) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.02) | |||
Maximum Drawdown | 36.11 | |||
Value At Risk | (11.11) | |||
Potential Upside | 11.76 | |||
Downside Variance | 65.59 | |||
Semi Variance | 24.9 | |||
Expected Short fall | (10.02) | |||
Skewness | 0.7902 | |||
Kurtosis | 1.75 |
Corsa Coal November 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Corsa stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 9,052 | ||
Daily Balance Of Power | 1.00 | ||
Rate Of Daily Change | 1.20 | ||
Day Median Price | 0.16 | ||
Day Typical Price | 0.17 | ||
Price Action Indicator | 0.03 |
Complementary Tools for Corsa OTC Stock analysis
When running Corsa Coal's price analysis, check to measure Corsa Coal'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 Corsa Coal is operating at the current time. Most of Corsa Coal's value examination focuses on studying past and present price action to predict the probability of Corsa Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsa Coal's price. Additionally, you may evaluate how the addition of Corsa Coal to your portfolios can decrease your overall portfolio volatility.
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