Ssr Mining Stock Technical Analysis
| SSRM Stock | CAD 8.03 0.24 2.90% |
As of the 26th of November, SSR Mining has the risk adjusted performance of 0.0551, and Coefficient Of Variation of 1618.09. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of SSR Mining, as well as the relationship between them.
SSR 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 SSR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SSRSSR |
SSR 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.
SSR 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 SSR Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SSR Mining Trend Analysis
Use this graph to draw trend lines for SSR Mining. You can use it to identify possible trend reversals for SSR 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 SSR Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SSR Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SSR Mining applied against its price change over selected period. The best fit line has a slop of 0.02 , which means SSR Mining will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.84, which is the sum of squared deviations for the predicted SSR Mining price change compared to its average price change.About SSR 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 SSR 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 SSR Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SSR Mining price pattern first instead of the macroeconomic environment surrounding SSR Mining. By analyzing SSR 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 SSR 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 SSR Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0172 | 0.0262 | 0.0146 | Price To Sales Ratio | 2.86 | 1.54 | 1.62 |
SSR Mining November 26, 2024 Technical Indicators
Most technical analysis of SSR 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 SSR from various momentum indicators to cycle indicators. When you analyze SSR 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0551 | |||
| Market Risk Adjusted Performance | 0.4866 | |||
| Mean Deviation | 2.69 | |||
| Semi Deviation | 3.27 | |||
| Downside Deviation | 3.5 | |||
| Coefficient Of Variation | 1618.09 | |||
| Standard Deviation | 3.65 | |||
| Variance | 13.36 | |||
| Information Ratio | 0.0266 | |||
| Jensen Alpha | 0.1621 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0278 | |||
| Treynor Ratio | 0.4766 | |||
| Maximum Drawdown | 23.54 | |||
| Value At Risk | (4.80) | |||
| Potential Upside | 5.48 | |||
| Downside Variance | 12.25 | |||
| Semi Variance | 10.72 | |||
| Expected Short fall | (3.52) | |||
| Skewness | (0.55) | |||
| Kurtosis | 3.19 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSR Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.