Erdene Resource Development Stock Technical Analysis
| ERDCF Stock | USD 6.34 0.12 1.86% |
As of the 26th of February, Erdene Resource shows the Mean Deviation of 2.83, semi deviation of 3.3, and Downside Deviation of 3.65. Erdene Resource Deve 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. Please confirm Erdene Resource Deve downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Erdene Resource Deve is priced favorably, providing market reflects its regular price of 6.34 per share. Given that Erdene Resource has jensen alpha of 0.5069, we urge you to verify Erdene Resource Development's prevailing market performance to make sure the company can sustain itself at a future point.
Erdene Resource Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Erdene, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ErdeneErdene |
Erdene Resource '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 Erdene Resource's 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 Erdene Resource.
| 11/28/2025 |
| 02/26/2026 |
If you would invest 0.00 in Erdene Resource on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding Erdene Resource Development or generate 0.0% return on investment in Erdene Resource over 90 days. Erdene Resource is related to or competes with Avidian Gold, and Falcon Metals. Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of precious and base mi... More
Erdene Resource 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 Erdene Resource's 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 Erdene Resource Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.65 | |||
| Information Ratio | 0.0752 | |||
| Maximum Drawdown | 26.28 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 6.07 |
Erdene Resource Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Erdene Resource's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Erdene Resource's standard deviation. In reality, there are many statistical measures that can use Erdene Resource historical prices to predict the future Erdene Resource's volatility.| Risk Adjusted Performance | 0.0888 | |||
| Jensen Alpha | 0.5069 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0817 | |||
| Treynor Ratio | (0.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Erdene Resource's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Erdene Resource February 26, 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 | 0.0888 | |||
| Market Risk Adjusted Performance | (0.47) | |||
| Mean Deviation | 2.83 | |||
| Semi Deviation | 3.3 | |||
| Downside Deviation | 3.65 | |||
| Coefficient Of Variation | 943.19 | |||
| Standard Deviation | 3.97 | |||
| Variance | 15.73 | |||
| Information Ratio | 0.0752 | |||
| Jensen Alpha | 0.5069 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0817 | |||
| Treynor Ratio | (0.48) | |||
| Maximum Drawdown | 26.28 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 6.07 | |||
| Downside Variance | 13.34 | |||
| Semi Variance | 10.89 | |||
| Expected Short fall | (3.25) | |||
| Skewness | 0.8006 | |||
| Kurtosis | 4.13 |
Erdene Resource Deve Backtested Returns
Erdene Resource appears to be moderately volatile, given 3 months investment horizon. Erdene Resource Deve secures Sharpe Ratio (or Efficiency) of 0.0881, which denotes the company had a 0.0881 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Erdene Resource Development, which you can use to evaluate the volatility of the firm. Please utilize Erdene Resource's Downside Deviation of 3.65, semi deviation of 3.3, and Mean Deviation of 2.83 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Erdene Resource holds a performance score of 6. The firm shows a Beta (market volatility) of -0.86, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Erdene Resource are expected to decrease slowly. On the other hand, during market turmoil, Erdene Resource is expected to outperform it slightly. Please check Erdene Resource's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Erdene Resource's price patterns will revert.
Auto-correlation | -0.65 |
Very good reverse predictability
Erdene Resource Development has very good reverse predictability. Overlapping area represents the amount of predictability between Erdene Resource time series from 28th of November 2025 to 12th of January 2026 and 12th of January 2026 to 26th 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 Erdene Resource Deve price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Erdene Resource price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Erdene Resource 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.
Erdene Resource Deve Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Erdene Resource Deve across different markets.
About Erdene Resource 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 Erdene Resource Development 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 Erdene Resource Development based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Erdene Resource Deve price pattern first instead of the macroeconomic environment surrounding Erdene Resource Deve. By analyzing Erdene Resource'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 Erdene Resource'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 Erdene Resource specific price patterns or momentum indicators. Please read more on our technical analysis page.
Erdene Resource February 26, 2026 Technical Indicators
Most technical analysis of Erdene 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 Erdene from various momentum indicators to cycle indicators. When you analyze Erdene 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 | 0.0888 | |||
| Market Risk Adjusted Performance | (0.47) | |||
| Mean Deviation | 2.83 | |||
| Semi Deviation | 3.3 | |||
| Downside Deviation | 3.65 | |||
| Coefficient Of Variation | 943.19 | |||
| Standard Deviation | 3.97 | |||
| Variance | 15.73 | |||
| Information Ratio | 0.0752 | |||
| Jensen Alpha | 0.5069 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0817 | |||
| Treynor Ratio | (0.48) | |||
| Maximum Drawdown | 26.28 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 6.07 | |||
| Downside Variance | 13.34 | |||
| Semi Variance | 10.89 | |||
| Expected Short fall | (3.25) | |||
| Skewness | 0.8006 | |||
| Kurtosis | 4.13 |
Erdene Resource February 26, 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 Erdene 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 | 33.75 | ||
| Daily Balance Of Power | (2.00) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 6.37 | ||
| Day Typical Price | 6.36 | ||
| Price Action Indicator | (0.09) |
Complementary Tools for Erdene Pink Sheet analysis
When running Erdene Resource's price analysis, check to measure Erdene Resource'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 Erdene Resource is operating at the current time. Most of Erdene Resource's value examination focuses on studying past and present price action to predict the probability of Erdene Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erdene Resource's price. Additionally, you may evaluate how the addition of Erdene Resource to your portfolios can decrease your overall portfolio volatility.
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