Royal Road Minerals Stock Technical Analysis
| RYR Stock | CAD 0.11 0.01 8.33% |
As of the 26th of November, Royal Road holds the Semi Deviation of 4.19, risk adjusted performance of 0.0136, and Coefficient Of Variation of 15585.92. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Royal Road, as well as the relationship between them. Please check Royal Road Minerals standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Royal Road Minerals is priced some-what accurately, providing market reflects its current price of 0.11 per share.
Royal Road Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Royal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RoyalRoyal |
Royal Road 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.
Royal Road Minerals 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 Royal Road Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Royal Road Minerals Trend Analysis
Use this graph to draw trend lines for Royal Road Minerals. You can use it to identify possible trend reversals for Royal Road 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 Royal Road price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Royal Road Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Royal Road Minerals applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Royal Road Minerals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Royal Road price change compared to its average price change.About Royal Road 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 Royal Road Minerals 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 Royal Road Minerals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Royal Road Minerals price pattern first instead of the macroeconomic environment surrounding Royal Road Minerals. By analyzing Royal Road'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 Royal Road'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 Royal Road specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | PB Ratio | 2.32 | 1.13 | 1.91 | 3.64 | Capex To Depreciation | 2.75 | 6.76 | 0.23 | 0.22 |
Royal Road November 26, 2024 Technical Indicators
Most technical analysis of Royal 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 Royal from various momentum indicators to cycle indicators. When you analyze Royal 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0136 | |||
| Market Risk Adjusted Performance | 0.0426 | |||
| Mean Deviation | 3.27 | |||
| Semi Deviation | 4.19 | |||
| Downside Deviation | 9.37 | |||
| Coefficient Of Variation | 15585.92 | |||
| Standard Deviation | 5.93 | |||
| Variance | 35.16 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.89) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0326 | |||
| Maximum Drawdown | 30.95 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 | |||
| Downside Variance | 87.79 | |||
| Semi Variance | 17.52 | |||
| Expected Short fall | (10.81) | |||
| Skewness | 0.6751 | |||
| Kurtosis | 2.09 |
Additional Tools for Royal Stock Analysis
When running Royal Road's price analysis, check to measure Royal Road'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 Royal Road is operating at the current time. Most of Royal Road's value examination focuses on studying past and present price action to predict the probability of Royal Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Road's price. Additionally, you may evaluate how the addition of Royal Road to your portfolios can decrease your overall portfolio volatility.