Orla Mining Stock Technical Analysis
ORLA Stock | USD 4.41 0.18 3.92% |
As of the 26th of November, Orla Mining holds the Coefficient Of Variation of 4297.31, risk adjusted performance of 0.0254, and Semi Deviation of 2.91. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orla Mining, as well as the relationship between them.
Orla Mining Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Orla, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OrlaOrla |
Orla Mining 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.
Orla Mining Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Orla Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Orla Mining Trend Analysis
Use this graph to draw trend lines for Orla Mining. You can use it to identify possible trend reversals for Orla Mining 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 Orla Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Orla Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Orla Mining applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Orla Mining will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.96, which is the sum of squared deviations for the predicted Orla Mining price change compared to its average price change.About Orla Mining 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 Orla Mining 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 Orla Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Orla Mining price pattern first instead of the macroeconomic environment surrounding Orla Mining. By analyzing Orla Mining'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 Orla Mining'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 Orla Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 17.05 | 24.92 | 23.67 | PTB Ratio | 2.91 | 2.53 | 2.41 |
Orla Mining November 26, 2024 Technical Indicators
Most technical analysis of Orla 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 Orla from various momentum indicators to cycle indicators. When you analyze Orla 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 | 0.0254 | |||
Market Risk Adjusted Performance | (1.19) | |||
Mean Deviation | 2.3 | |||
Semi Deviation | 2.91 | |||
Downside Deviation | 3.16 | |||
Coefficient Of Variation | 4297.31 | |||
Standard Deviation | 3.19 | |||
Variance | 10.16 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | 0.0705 | |||
Total Risk Alpha | (0.43) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (1.20) | |||
Maximum Drawdown | 18.89 | |||
Value At Risk | (4.80) | |||
Potential Upside | 5.58 | |||
Downside Variance | 9.97 | |||
Semi Variance | 8.47 | |||
Expected Short fall | (2.60) | |||
Skewness | 0.1535 | |||
Kurtosis | 1.61 |
Complementary Tools for Orla Stock analysis
When running Orla Mining's price analysis, check to measure Orla Mining'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 Orla Mining is operating at the current time. Most of Orla Mining's value examination focuses on studying past and present price action to predict the probability of Orla Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orla Mining's price. Additionally, you may evaluate how the addition of Orla Mining to your portfolios can decrease your overall portfolio volatility.
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