Hillgrove Resources (Australia) Technical Analysis
| HGO Stock | 0.04 0 2.44% |
As of the 1st of March, Hillgrove Resources retains the Market Risk Adjusted Performance of 0.318, standard deviation of 4.02, and Risk Adjusted Performance of (0.07). Hillgrove 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.
Hillgrove 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 Hillgrove, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HillgroveHillgrove |
Hillgrove 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.
Hillgrove Resources Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. 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 Hillgrove Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hillgrove Resources Trend Analysis
Use this graph to draw trend lines for Hillgrove Resources. You can use it to identify possible trend reversals for Hillgrove 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 Hillgrove Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hillgrove Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hillgrove Resources applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that Hillgrove 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 Hillgrove Resources price change compared to its average price change.About Hillgrove 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 Hillgrove 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 Hillgrove Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hillgrove Resources price pattern first instead of the macroeconomic environment surrounding Hillgrove Resources. By analyzing Hillgrove 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 Hillgrove 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 Hillgrove Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hillgrove Resources March 1, 2025 Technical Indicators
Most technical analysis of Hillgrove 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 Hillgrove from various momentum indicators to cycle indicators. When you analyze Hillgrove 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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| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | 0.318 | |||
| Mean Deviation | 2.73 | |||
| Coefficient Of Variation | (943.53) | |||
| Standard Deviation | 4.02 | |||
| Variance | 16.19 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.308 | |||
| Maximum Drawdown | 25.55 | |||
| Value At Risk | (6.52) | |||
| Potential Upside | 7.5 | |||
| Skewness | (0.73) | |||
| Kurtosis | 5.2 |
Additional Tools for Hillgrove Stock Analysis
When running Hillgrove Resources' price analysis, check to measure Hillgrove 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 Hillgrove Resources is operating at the current time. Most of Hillgrove Resources' value examination focuses on studying past and present price action to predict the probability of Hillgrove Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hillgrove Resources' price. Additionally, you may evaluate how the addition of Hillgrove Resources to your portfolios can decrease your overall portfolio volatility.