Goliath Resources Limited Stock Technical Analysis
| GOTRF Stock | USD 0.73 0.02 2.67% |
As of the 25th of November, Goliath Resources retains the Standard Deviation of 2.96, market risk adjusted performance of (0.78), and Risk Adjusted Performance of (0.09). Goliath Resources 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. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Goliath Resources, which can be compared to its competitors. Please check out Goliath Resources standard deviation and value at risk to decide if Goliath Resources is priced fairly, providing market reflects its last-minute price of 0.73 per share. As Goliath Resources is a penny stock we also advise to confirm its jensen alpha numbers.
Goliath 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 Goliath, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GoliathGoliath |
Goliath 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.
Goliath Resources Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Goliath Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Goliath Resources Trend Analysis
Use this graph to draw trend lines for Goliath Resources Limited. You can use it to identify possible trend reversals for Goliath 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 Goliath Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Goliath Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Goliath Resources Limited applied against its price change over selected period. The best fit line has a slop of 0.0033 , which may suggest that Goliath Resources Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.42, which is the sum of squared deviations for the predicted Goliath Resources price change compared to its average price change.About Goliath 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 Goliath Resources Limited 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 Goliath Resources Limited based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Goliath Resources price pattern first instead of the macroeconomic environment surrounding Goliath Resources. By analyzing Goliath 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 Goliath 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 Goliath Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Goliath Resources November 25, 2024 Technical Indicators
Most technical analysis of Goliath 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 Goliath from various momentum indicators to cycle indicators. When you analyze Goliath 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 | (0.09) | |||
| Market Risk Adjusted Performance | (0.78) | |||
| Mean Deviation | 2.31 | |||
| Coefficient Of Variation | (766.43) | |||
| Standard Deviation | 2.96 | |||
| Variance | 8.78 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.79) | |||
| Maximum Drawdown | 14.67 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 4.17 | |||
| Skewness | 0.3827 | |||
| Kurtosis | 0.5567 |
Complementary Tools for Goliath OTC Stock analysis
When running Goliath Resources' price analysis, check to measure Goliath 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 Goliath Resources is operating at the current time. Most of Goliath Resources' value examination focuses on studying past and present price action to predict the probability of Goliath Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goliath Resources' price. Additionally, you may evaluate how the addition of Goliath Resources to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |