Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Gold Road Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Gold Road Resources Trend Analysis
Use this graph to draw trend lines for Gold Road Resources Limited. You can use it to identify possible trend reversals for Gold 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 Gold Road price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Gold Road Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gold Road Resources Limited applied against its price change over selected period. The best fit line has a slop of 0.005054 % which means Gold Road Resources Limited will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Gold Road price change compared to its average price change.
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Run Pair Correlation Now
Compare performance and examine historical correlation between any two equity instruments
Gold Road Resources Limited is one of the top stocks in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.46 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Gold Road Resources Limited is roughly 1.46