Newcore Gold Stock Technical Analysis
| NCAUF Stock | USD 0.23 0.01 4.55% |
As of the 28th of November, Newcore Gold secures the Mean Deviation of 3.0, risk adjusted performance of 0.0016, and Standard Deviation of 4.26. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newcore Gold, 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 are able to break down and analyze data for thirteen technical drivers for Newcore Gold, which can be compared to its peers in the industry. Please verify Newcore Gold market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Newcore Gold is priced some-what accurately, providing market reflects its recent price of 0.23 per share. As Newcore Gold appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.
Newcore 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 Newcore, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewcoreNewcore |
Newcore 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.
Newcore Gold 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 Newcore Gold volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Newcore Gold Trend Analysis
Use this graph to draw trend lines for Newcore Gold. You can use it to identify possible trend reversals for Newcore 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 Newcore Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Newcore Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Newcore Gold applied against its price change over selected period. The best fit line has a slop of 0.00000687 , which means Newcore Gold will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Newcore Gold price change compared to its average price change.About Newcore 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 Newcore Gold 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 Newcore Gold based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Newcore Gold price pattern first instead of the macroeconomic environment surrounding Newcore Gold. By analyzing Newcore 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 Newcore 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 Newcore Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
Newcore Gold November 28, 2024 Technical Indicators
Most technical analysis of Newcore 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 Newcore from various momentum indicators to cycle indicators. When you analyze Newcore 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 | 0.0016 | |||
| Market Risk Adjusted Performance | 0.0733 | |||
| Mean Deviation | 3.0 | |||
| Coefficient Of Variation | (11,546) | |||
| Standard Deviation | 4.26 | |||
| Variance | 18.16 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0423 | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | 0.0633 | |||
| Maximum Drawdown | 25.64 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 4.55 | |||
| Skewness | 0.1599 | |||
| Kurtosis | 1.12 |
Complementary Tools for Newcore OTC Stock analysis
When running Newcore Gold's price analysis, check to measure Newcore 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 Newcore Gold is operating at the current time. Most of Newcore Gold's value examination focuses on studying past and present price action to predict the probability of Newcore 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 Newcore Gold's price. Additionally, you may evaluate how the addition of Newcore Gold to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |