Granada Gold Mine Stock Technical Analysis
| GGM Stock | CAD 0.03 0.01 16.67% |
As of the 30th of November, Granada Gold retains the market risk adjusted performance of (1.08), and Risk Adjusted Performance of 0.0394. Granada Gold technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Granada Gold Mine downside deviation and the relationship between the information ratio and expected short fall to decide if Granada Gold is priced fairly, providing market reflects its last-minute price of 0.025 per share.
Granada Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Granada, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GranadaGranada |
Granada Gold technical 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, stock market cycles, or different charting patterns.
Granada Gold Mine Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Granada Gold Mine volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Granada Gold Mine Trend Analysis
Use this graph to draw trend lines for Granada Gold Mine. You can use it to identify possible trend reversals for Granada Gold 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 Granada Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Granada Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Granada Gold Mine applied against its price change over selected period. The best fit line has a slop of 0.0002 , which means Granada Gold Mine 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 Granada Gold price change compared to its average price change.About Granada Gold 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 Granada Gold Mine 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 Granada Gold Mine based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Granada Gold Mine price pattern first instead of the macroeconomic environment surrounding Granada Gold Mine. By analyzing Granada Gold'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 Granada Gold'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 Granada Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
Granada Gold November 30, 2024 Technical Indicators
Most technical analysis of Granada 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 Granada from various momentum indicators to cycle indicators. When you analyze Granada 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0394 | |||
| Market Risk Adjusted Performance | (1.08) | |||
| Mean Deviation | 6.16 | |||
| Semi Deviation | 8.27 | |||
| Downside Deviation | 23.89 | |||
| Coefficient Of Variation | 2546.3 | |||
| Standard Deviation | 12.86 | |||
| Variance | 165.38 | |||
| Information Ratio | 0.0286 | |||
| Jensen Alpha | 0.5531 | |||
| Total Risk Alpha | (1.65) | |||
| Sortino Ratio | 0.0154 | |||
| Treynor Ratio | (1.09) | |||
| Maximum Drawdown | 75.0 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 | |||
| Downside Variance | 570.63 | |||
| Semi Variance | 68.36 | |||
| Expected Short fall | (29.52) | |||
| Skewness | 0.9836 | |||
| Kurtosis | 4.32 |
Additional Tools for Granada Stock Analysis
When running Granada Gold's price analysis, check to measure Granada Gold'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 Granada Gold is operating at the current time. Most of Granada Gold's value examination focuses on studying past and present price action to predict the probability of Granada Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granada Gold's price. Additionally, you may evaluate how the addition of Granada Gold to your portfolios can decrease your overall portfolio volatility.