Oroco Resource Corp Stock Technical Analysis
ORRCF Stock | USD 0.19 0.01 5.00% |
As of the 27th of November, Oroco Resource holds the Risk Adjusted Performance of (0.08), coefficient of variation of (853.91), and Variance of 11.51. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oroco Resource, 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 thirteen technical drivers for Oroco Resource Corp, which can be compared to its competitors. Please check Oroco Resource Corp market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Oroco Resource Corp is priced some-what accurately, providing market reflects its current price of 0.19 per share. As Oroco Resource Corp appears to be a penny stock we also advise to check out its jensen alpha numbers.
Oroco Resource Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oroco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OrocoOroco |
Oroco Resource 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.
Oroco Resource Corp 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 Oroco Resource Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Oroco Resource Corp Trend Analysis
Use this graph to draw trend lines for Oroco Resource Corp. You can use it to identify possible trend reversals for Oroco Resource 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 Oroco Resource price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Oroco Resource Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Oroco Resource Corp applied against its price change over selected period. The best fit line has a slop of 0.0009 , which may suggest that Oroco Resource Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Oroco Resource price change compared to its average price change.About Oroco Resource 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 Oroco Resource 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 Oroco Resource Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Oroco Resource Corp price pattern first instead of the macroeconomic environment surrounding Oroco Resource Corp. By analyzing Oroco Resource'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 Oroco Resource'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 Oroco Resource specific price patterns or momentum indicators. Please read more on our technical analysis page.
Oroco Resource November 27, 2024 Technical Indicators
Most technical analysis of Oroco 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 Oroco from various momentum indicators to cycle indicators. When you analyze Oroco 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 | (0.08) | |||
Market Risk Adjusted Performance | (1.10) | |||
Mean Deviation | 2.39 | |||
Coefficient Of Variation | (853.91) | |||
Standard Deviation | 3.39 | |||
Variance | 11.51 | |||
Information Ratio | (0.16) | |||
Jensen Alpha | (0.45) | |||
Total Risk Alpha | (0.93) | |||
Treynor Ratio | (1.11) | |||
Maximum Drawdown | 17.86 | |||
Value At Risk | (4.55) | |||
Potential Upside | 5.0 | |||
Skewness | 0.4421 | |||
Kurtosis | 1.06 |
Oroco Resource November 27, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Oroco stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | (Huge) | ||
Rate Of Daily Change | 0.95 | ||
Day Median Price | 0.19 | ||
Day Typical Price | 0.19 | ||
Price Action Indicator | (0.01) |
Complementary Tools for Oroco OTC Stock analysis
When running Oroco Resource's price analysis, check to measure Oroco Resource'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 Oroco Resource is operating at the current time. Most of Oroco Resource's value examination focuses on studying past and present price action to predict the probability of Oroco Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oroco Resource's price. Additionally, you may evaluate how the addition of Oroco Resource to your portfolios can decrease your overall portfolio volatility.
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