China Gold Technical Analysis

China Gold International Resources Corp Ltd -- Canada Stock  

CAD 2.11  0.04  1.93%

China Gold International Resources Corp Ltd shows Downside Deviation of 2.14, Risk Adjusted Performance of 0.0381 and Mean Deviation of 1.55. China Gold Internati technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for China Gold International Resources Corp Ltd which can be compared to its rivals. Please confirm China Gold Internati Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if China Gold Internati is priced correctly providing market reflects its regular price of 2.11 per share.
Investment Horizon     30 Days    Login   to change

China Gold Internati Trend Analysis

Use this graph to draw trend lines for China Gold International Resources Corp Ltd. You can use it to identify possible trend reversals for China 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 China Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

China Gold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for China Gold International Resources Corp Ltd applied against its price change over selected period. The best fit line has a slop of 0.010833 % which means China Gold International Resources Corp Ltd will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted China Gold price change compared to its average price change.

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China Gold International Resources Corp Ltd is rated below average in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.29  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for China Gold International Resources Corp Ltd is roughly  1.29