Entree Resources Stock Technical Analysis
ERLFFDelisted Stock | USD 0.97 0.03 3.19% |
As of the 1st of December, Entree Resources shows the Standard Deviation of 2.6, mean deviation of 1.55, and Variance of 6.77. Entree 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. 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 Entree Resources, which can be compared to its peers. Please confirm Entree Resources standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Entree Resources is priced favorably, providing market reflects its regular price of 0.97 per share. Given that Entree Resources is a hitting penny stock territory we advise to closely look at its jensen alpha.
Entree 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 Entree, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EntreeEntree |
Entree Resources 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.
Entree Resources Technical Analysis
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Entree Resources Trend Analysis
Use this graph to draw trend lines for Entree Resources. You can use it to identify possible trend reversals for Entree Resources 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 Entree Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Entree Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Entree Resources applied against its price change over selected period. The best fit line has a slop of 0.0006 , which may suggest that Entree 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 Entree Resources price change compared to its average price change.About Entree 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 Entree 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 Entree Resources based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Entree Resources price pattern first instead of the macroeconomic environment surrounding Entree Resources. By analyzing Entree 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 Entree 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 Entree Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Entree Resources December 1, 2024 Technical Indicators
Most technical analysis of Entree 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 Entree from various momentum indicators to cycle indicators. When you analyze Entree 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 | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0) | |||
Market Risk Adjusted Performance | 1.23 | |||
Mean Deviation | 1.55 | |||
Coefficient Of Variation | (8,916) | |||
Standard Deviation | 2.6 | |||
Variance | 6.77 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | 1.22 | |||
Maximum Drawdown | 18.33 | |||
Value At Risk | (3.19) | |||
Potential Upside | 3.37 | |||
Skewness | 2.66 | |||
Kurtosis | 13.99 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in census. Note that the Entree Resources information on this page should be used as a complementary analysis to other Entree Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Entree OTC Stock
If you are still planning to invest in Entree Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Entree Resources' history and understand the potential risks before investing.
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