Eros Resources Corp Stock Technical Analysis
EROSF Stock | USD 0.04 0.00 0.00% |
As of the 27th of November, Eros Resources shows the Standard Deviation of 5.45, mean deviation of 2.11, and Variance of 29.75. Eros Resources Corp 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 are able to interpolate and collect thirteen technical drivers for Eros Resources Corp, which can be compared to its peers. Please confirm Eros Resources Corp variance and potential upside to decide if Eros Resources Corp is priced favorably, providing market reflects its regular price of 0.04 per share. As Eros Resources Corp appears to be a penny stock we also advise to verify its jensen alpha numbers.
Eros 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 Eros, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ErosEros |
Eros 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.
Eros Resources Corp Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-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 Eros Resources Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eros Resources Corp Trend Analysis
Use this graph to draw trend lines for Eros Resources Corp. You can use it to identify possible trend reversals for Eros 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 Eros Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eros Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eros Resources Corp applied against its price change over selected period. The best fit line has a slop of 0.0002 , which means Eros Resources Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Eros Resources price change compared to its average price change.About Eros 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 Eros Resources 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 Eros Resources Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Eros Resources Corp price pattern first instead of the macroeconomic environment surrounding Eros Resources Corp. By analyzing Eros 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 Eros 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 Eros Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Eros Resources November 27, 2024 Technical Indicators
Most technical analysis of Eros 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 Eros from various momentum indicators to cycle indicators. When you analyze Eros 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 | 0.0829 | |||
Market Risk Adjusted Performance | 0.4186 | |||
Mean Deviation | 2.11 | |||
Coefficient Of Variation | 1029.44 | |||
Standard Deviation | 5.45 | |||
Variance | 29.75 | |||
Information Ratio | 0.0732 | |||
Jensen Alpha | 0.3666 | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | 0.4086 | |||
Maximum Drawdown | 41.48 | |||
Value At Risk | (2.27) | |||
Potential Upside | 6.31 | |||
Skewness | 3.13 | |||
Kurtosis | 17.51 |
Complementary Tools for Eros OTC Stock analysis
When running Eros Resources' price analysis, check to measure Eros 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 Eros Resources is operating at the current time. Most of Eros Resources' value examination focuses on studying past and present price action to predict the probability of Eros Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eros Resources' price. Additionally, you may evaluate how the addition of Eros Resources to your portfolios can decrease your overall portfolio volatility.
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