Tnr Gold Corp Stock Technical Analysis
| TNR Stock | CAD 0.05 0.01 9.09% |
As of the 2nd of December, TNR Gold has the coefficient of variation of 4351.86, and Risk Adjusted Performance of 0.0259. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of TNR Gold Corp, as well as the relationship between them. Please validate TNR Gold Corp information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if TNR Gold is priced fairly, providing market reflects its prevalent price of 0.05 per share.
TNR Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TNR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TNRTNR |
TNR Gold 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.
TNR Gold Corp Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 TNR Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
TNR Gold Corp Trend Analysis
Use this graph to draw trend lines for TNR Gold Corp. You can use it to identify possible trend reversals for TNR Gold 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 TNR Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.TNR Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for TNR Gold Corp applied against its price change over selected period. The best fit line has a slop of 0.00002 , which means TNR Gold Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted TNR Gold price change compared to its average price change.About TNR Gold 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 TNR Gold 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 TNR Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TNR Gold Corp price pattern first instead of the macroeconomic environment surrounding TNR Gold Corp. By analyzing TNR Gold'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 TNR Gold'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 TNR Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
TNR Gold December 2, 2024 Technical Indicators
Most technical analysis of TNR 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 TNR from various momentum indicators to cycle indicators. When you analyze TNR 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 | 0.0259 | |||
| Market Risk Adjusted Performance | 0.4515 | |||
| Mean Deviation | 2.36 | |||
| Semi Deviation | 3.35 | |||
| Downside Deviation | 9.61 | |||
| Coefficient Of Variation | 4351.86 | |||
| Standard Deviation | 4.69 | |||
| Variance | 21.95 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0694 | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.4415 | |||
| Maximum Drawdown | 21.11 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 | |||
| Downside Variance | 92.28 | |||
| Semi Variance | 11.22 | |||
| Expected Short fall | (9.84) | |||
| Skewness | 0.231 | |||
| Kurtosis | 1.47 |
Additional Tools for TNR Stock Analysis
When running TNR Gold's price analysis, check to measure TNR Gold'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 TNR Gold is operating at the current time. Most of TNR Gold's value examination focuses on studying past and present price action to predict the probability of TNR Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TNR Gold's price. Additionally, you may evaluate how the addition of TNR Gold to your portfolios can decrease your overall portfolio volatility.