Orefinders Resources Stock Technical Analysis
| ORFDF Stock | USD 0.05 0 6.99% |
As of the 23rd of November, Orefinders Resources holds the Semi Deviation of 3.58, risk adjusted performance of 0.0834, and Coefficient Of Variation of 1021.02. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orefinders Resources, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Orefinders Resources, which can be compared to its competitors. Please check Orefinders Resources standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Orefinders Resources is priced some-what accurately, providing market reflects its current price of 0.0466 per share. As Orefinders Resources appears to be a penny stock we also advise to check out its total risk alpha numbers.
Orefinders 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 Orefinders, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OrefindersOrefinders |
Orefinders 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.
Orefinders Resources Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Orefinders Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Orefinders Resources Trend Analysis
Use this graph to draw trend lines for Orefinders Resources. You can use it to identify possible trend reversals for Orefinders 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 Orefinders Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Orefinders Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Orefinders Resources applied against its price change over selected period. The best fit line has a slop of 0.0001 , which means Orefinders Resources 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 Orefinders Resources price change compared to its average price change.About Orefinders 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 Orefinders 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 Orefinders Resources based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Orefinders Resources price pattern first instead of the macroeconomic environment surrounding Orefinders Resources. By analyzing Orefinders 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 Orefinders 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 Orefinders Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Orefinders Resources November 23, 2024 Technical Indicators
Most technical analysis of Orefinders 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 Orefinders from various momentum indicators to cycle indicators. When you analyze Orefinders 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 | 0.0834 | |||
| Market Risk Adjusted Performance | (0.98) | |||
| Mean Deviation | 3.2 | |||
| Semi Deviation | 3.58 | |||
| Downside Deviation | 5.35 | |||
| Coefficient Of Variation | 1021.02 | |||
| Standard Deviation | 4.57 | |||
| Variance | 20.93 | |||
| Information Ratio | 0.0694 | |||
| Jensen Alpha | 0.4914 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0593 | |||
| Treynor Ratio | (0.99) | |||
| Maximum Drawdown | 25.64 | |||
| Value At Risk | (6.99) | |||
| Potential Upside | 7.82 | |||
| Downside Variance | 28.61 | |||
| Semi Variance | 12.81 | |||
| Expected Short fall | (4.34) | |||
| Skewness | 0.3177 | |||
| Kurtosis | 1.58 |
Complementary Tools for Orefinders OTC Stock analysis
When running Orefinders Resources' price analysis, check to measure Orefinders 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 Orefinders Resources is operating at the current time. Most of Orefinders Resources' value examination focuses on studying past and present price action to predict the probability of Orefinders Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orefinders Resources' price. Additionally, you may evaluate how the addition of Orefinders Resources to your portfolios can decrease your overall portfolio volatility.
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