Galore Resources Stock Technical Analysis
| GRI Stock | CAD 0.01 0.00 0.00% |
As of the 3rd of December, Galore Resources retains the Risk Adjusted Performance of 0.1038, standard deviation of 30.77, and Market Risk Adjusted Performance of (0.78). Galore 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. Please check out Galore Resources standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Galore Resources is priced fairly, providing market reflects its last-minute price of 0.01 per share.
Galore 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 Galore, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GaloreGalore |
Galore Resources 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.
Galore Resources Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Galore Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Galore Resources Trend Analysis
Use this graph to draw trend lines for Galore Resources. You can use it to identify possible trend reversals for Galore 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 Galore Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Galore Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Galore Resources applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that Galore Resources 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 Galore Resources price change compared to its average price change.About Galore 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 Galore 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 Galore Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Galore Resources price pattern first instead of the macroeconomic environment surrounding Galore Resources. By analyzing Galore 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 Galore 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 Galore Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Galore Resources December 3, 2024 Technical Indicators
Most technical analysis of Galore 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 Galore from various momentum indicators to cycle indicators. When you analyze Galore 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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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1038 | |||
| Market Risk Adjusted Performance | (0.78) | |||
| Mean Deviation | 14.58 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 30.77 | |||
| Variance | 946.97 | |||
| Information Ratio | 0.1191 | |||
| Jensen Alpha | 4.33 | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (0.79) | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 | |||
| Skewness | 2.0 | |||
| Kurtosis | 5.71 |
Additional Tools for Galore Stock Analysis
When running Galore Resources' price analysis, check to measure Galore 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 Galore Resources is operating at the current time. Most of Galore Resources' value examination focuses on studying past and present price action to predict the probability of Galore Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galore Resources' price. Additionally, you may evaluate how the addition of Galore Resources to your portfolios can decrease your overall portfolio volatility.