Elray Resources Stock Technical Analysis
| ELRA Stock | USD 0.0003 0.00 0.00% |
As of the 9th of February, Elray Resources shows the Coefficient Of Variation of 5518.6, mean deviation of 5.07, and Downside Deviation of 26.55. Elray Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Elray Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elray, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElrayElray |
Elray Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Elray Resources' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Elray Resources.
| 11/11/2025 |
| 02/09/2026 |
If you would invest 0.00 in Elray Resources on November 11, 2025 and sell it all today you would earn a total of 0.00 from holding Elray Resources or generate 0.0% return on investment in Elray Resources over 90 days. Elray Resources is related to or competes with Giant Group, and Littlefield. Elray Resources, Inc., a technology company, owns and licenses gaming intellectual property, gaming content, gaming doma... More
Elray Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Elray Resources' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Elray Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 26.55 | |||
| Information Ratio | 0.0098 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Elray Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elray Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elray Resources' standard deviation. In reality, there are many statistical measures that can use Elray Resources historical prices to predict the future Elray Resources' volatility.| Risk Adjusted Performance | 0.0239 | |||
| Jensen Alpha | 0.1216 | |||
| Total Risk Alpha | (1.10) | |||
| Sortino Ratio | 0.0044 | |||
| Treynor Ratio | 0.217 |
Elray Resources February 9, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0239 | |||
| Market Risk Adjusted Performance | 0.227 | |||
| Mean Deviation | 5.07 | |||
| Semi Deviation | 7.92 | |||
| Downside Deviation | 26.55 | |||
| Coefficient Of Variation | 5518.6 | |||
| Standard Deviation | 11.87 | |||
| Variance | 140.85 | |||
| Information Ratio | 0.0098 | |||
| Jensen Alpha | 0.1216 | |||
| Total Risk Alpha | (1.10) | |||
| Sortino Ratio | 0.0044 | |||
| Treynor Ratio | 0.217 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 | |||
| Downside Variance | 705.0 | |||
| Semi Variance | 62.73 | |||
| Expected Short fall | (31.67) | |||
| Skewness | 0.7307 | |||
| Kurtosis | 3.57 |
Elray Resources Backtested Returns
Elray Resources appears to be out of control, given 3 months investment horizon. Elray Resources secures Sharpe Ratio (or Efficiency) of 0.0181, which denotes the company had a 0.0181 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Elray Resources, which you can use to evaluate the volatility of the firm. Please utilize Elray Resources' Mean Deviation of 5.07, coefficient of variation of 5518.6, and Downside Deviation of 26.55 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Elray Resources holds a performance score of 1. The firm shows a Beta (market volatility) of 0.95, which means possible diversification benefits within a given portfolio. Elray Resources returns are very sensitive to returns on the market. As the market goes up or down, Elray Resources is expected to follow. Please check Elray Resources' sortino ratio, semi variance, day typical price, as well as the relationship between the value at risk and kurtosis , to make a quick decision on whether Elray Resources' price patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Elray Resources has insignificant predictability. Overlapping area represents the amount of predictability between Elray Resources time series from 11th of November 2025 to 26th of December 2025 and 26th of December 2025 to 9th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elray Resources price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Elray Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Elray Resources 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.
Elray Resources Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for Elray Resources across different markets.
About Elray Resources 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 Elray 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 Elray Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elray Resources price pattern first instead of the macroeconomic environment surrounding Elray Resources. By analyzing Elray Resources'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 Elray Resources'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 Elray Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elray Resources February 9, 2026 Technical Indicators
Most technical analysis of Elray 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 Elray from various momentum indicators to cycle indicators. When you analyze Elray 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 | 0.0239 | |||
| Market Risk Adjusted Performance | 0.227 | |||
| Mean Deviation | 5.07 | |||
| Semi Deviation | 7.92 | |||
| Downside Deviation | 26.55 | |||
| Coefficient Of Variation | 5518.6 | |||
| Standard Deviation | 11.87 | |||
| Variance | 140.85 | |||
| Information Ratio | 0.0098 | |||
| Jensen Alpha | 0.1216 | |||
| Total Risk Alpha | (1.10) | |||
| Sortino Ratio | 0.0044 | |||
| Treynor Ratio | 0.217 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 | |||
| Downside Variance | 705.0 | |||
| Semi Variance | 62.73 | |||
| Expected Short fall | (31.67) | |||
| Skewness | 0.7307 | |||
| Kurtosis | 3.57 |
Elray Resources February 9, 2026 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 Elray 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 | 0.00 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 0.00 | ||
| Day Typical Price | 0.00 | ||
| Price Action Indicator | 0.00 |
Complementary Tools for Elray Pink Sheet analysis
When running Elray Resources' price analysis, check to measure Elray Resources' 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 Elray Resources is operating at the current time. Most of Elray Resources' value examination focuses on studying past and present price action to predict the probability of Elray Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elray Resources' price. Additionally, you may evaluate how the addition of Elray Resources to your portfolios can decrease your overall portfolio volatility.
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