Lumina Gold Corp Stock Technical Analysis
| LMGDF Stock | USD 0.37 0.02 5.71% |
As of the 2nd of December, Lumina Gold secures the Downside Deviation of 3.96, risk adjusted performance of 0.0303, and Mean Deviation of 2.77. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lumina Gold Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for Lumina Gold, which can be compared to its peers in the industry. Please verify Lumina Gold Corp information ratio and the relationship between the maximum drawdown and skewness to decide if Lumina Gold Corp is priced some-what accurately, providing market reflects its recent price of 0.37 per share. As Lumina Gold Corp appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.
Lumina 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 Lumina, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LuminaLumina |
Lumina Gold 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.
Lumina Gold Corp Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Lumina Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lumina Gold Corp Trend Analysis
Use this graph to draw trend lines for Lumina Gold Corp. You can use it to identify possible trend reversals for Lumina 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 Lumina Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lumina Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lumina Gold Corp applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Lumina 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 Lumina Gold price change compared to its average price change.About Lumina 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 Lumina 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 Lumina Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Lumina Gold Corp price pattern first instead of the macroeconomic environment surrounding Lumina Gold Corp. By analyzing Lumina 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 Lumina 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 Lumina Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
Lumina Gold December 2, 2024 Technical Indicators
Most technical analysis of Lumina 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 Lumina from various momentum indicators to cycle indicators. When you analyze Lumina 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0303 | |||
| Market Risk Adjusted Performance | 0.2357 | |||
| Mean Deviation | 2.77 | |||
| Semi Deviation | 2.88 | |||
| Downside Deviation | 3.96 | |||
| Coefficient Of Variation | 3416.3 | |||
| Standard Deviation | 3.77 | |||
| Variance | 14.18 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0436 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2257 | |||
| Maximum Drawdown | 19.08 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 7.89 | |||
| Downside Variance | 15.7 | |||
| Semi Variance | 8.28 | |||
| Expected Short fall | (4.27) | |||
| Skewness | 0.7067 | |||
| Kurtosis | 0.9087 |
Complementary Tools for Lumina OTC Stock analysis
When running Lumina Gold's price analysis, check to measure Lumina 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 Lumina Gold is operating at the current time. Most of Lumina Gold's value examination focuses on studying past and present price action to predict the probability of Lumina 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 Lumina Gold's price. Additionally, you may evaluate how the addition of Lumina Gold to your portfolios can decrease your overall portfolio volatility.
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