Quartz Mountain Resources Stock Technical Analysis
| QZM Stock | CAD 0.39 0.01 2.63% |
As of the 27th of November, Quartz Mountain holds the Variance of 22.36, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,415). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Quartz Mountain, as well as the relationship between them. Please check Quartz Mountain Resources mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Quartz Mountain Resources is priced some-what accurately, providing market reflects its current price of 0.39 per share.
Quartz Mountain Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Quartz, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to QuartzQuartz |
Quartz Mountain 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.
Quartz Mountain Resources Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-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 Quartz Mountain Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Quartz Mountain Resources Trend Analysis
Use this graph to draw trend lines for Quartz Mountain Resources. You can use it to identify possible trend reversals for Quartz Mountain 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 Quartz Mountain price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Quartz Mountain Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Quartz Mountain Resources applied against its price change over selected period. The best fit line has a slop of 0.0024 , which may suggest that Quartz Mountain Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.21, which is the sum of squared deviations for the predicted Quartz Mountain price change compared to its average price change.About Quartz Mountain 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 Quartz Mountain 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 Quartz Mountain Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Quartz Mountain Resources price pattern first instead of the macroeconomic environment surrounding Quartz Mountain Resources. By analyzing Quartz Mountain'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 Quartz Mountain'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 Quartz Mountain specific price patterns or momentum indicators. Please read more on our technical analysis page.
Quartz Mountain November 27, 2024 Technical Indicators
Most technical analysis of Quartz 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 Quartz from various momentum indicators to cycle indicators. When you analyze Quartz 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 2.74 | |||
| Coefficient Of Variation | (4,415) | |||
| Standard Deviation | 4.73 | |||
| Variance | 22.36 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 32.99 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 8.89 | |||
| Skewness | 0.4438 | |||
| Kurtosis | 4.02 |
Additional Tools for Quartz Stock Analysis
When running Quartz Mountain's price analysis, check to measure Quartz Mountain'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 Quartz Mountain is operating at the current time. Most of Quartz Mountain's value examination focuses on studying past and present price action to predict the probability of Quartz Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quartz Mountain's price. Additionally, you may evaluate how the addition of Quartz Mountain to your portfolios can decrease your overall portfolio volatility.