Ggx Gold Corp Stock Technical Analysis
GGXXF Stock | USD 0.01 0.0003 2.34% |
As of the 27th of November, GGX Gold retains the risk adjusted performance of (0.04), and Market Risk Adjusted Performance of 0.2419. GGX 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 GGX Gold Corp market risk adjusted performance, total risk alpha, as well as the relationship between the Total Risk Alpha and kurtosis to decide if GGX Gold is priced correctly, providing market reflects its last-minute price of 0.0125 per share. As GGX Gold Corp appears to be a penny stock we also urge to confirm its jensen alpha numbers.
GGX 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 GGX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GGXGGX |
GGX Gold 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.
GGX Gold 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 GGX Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
GGX Gold Corp Trend Analysis
Use this graph to draw trend lines for GGX Gold Corp. You can use it to identify possible trend reversals for GGX 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 GGX Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.GGX Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for GGX Gold Corp applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that GGX Gold Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted GGX Gold price change compared to its average price change.About GGX 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 GGX Gold 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 GGX Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on GGX Gold Corp price pattern first instead of the macroeconomic environment surrounding GGX Gold Corp. By analyzing GGX 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 GGX 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 GGX Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
GGX Gold November 27, 2024 Technical Indicators
Most technical analysis of GGX 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 GGX from various momentum indicators to cycle indicators. When you analyze GGX 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 | (0.04) | |||
Market Risk Adjusted Performance | 0.2419 | |||
Mean Deviation | 2.85 | |||
Coefficient Of Variation | (1,518) | |||
Standard Deviation | 8.3 | |||
Variance | 68.97 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (1.87) | |||
Treynor Ratio | 0.2319 | |||
Maximum Drawdown | 63.0 | |||
Value At Risk | (7.50) | |||
Skewness | (0.41) | |||
Kurtosis | 11.78 |
Complementary Tools for GGX Pink Sheet analysis
When running GGX Gold's price analysis, check to measure GGX 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 GGX Gold is operating at the current time. Most of GGX Gold's value examination focuses on studying past and present price action to predict the probability of GGX 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 GGX Gold's price. Additionally, you may evaluate how the addition of GGX Gold to your portfolios can decrease your overall portfolio volatility.
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