Gold Road Technical Analysis

Gold Road Resources Limited -- USA Stock  

USD 0.64  0.001  0.16%

Gold Road Resources Limited retains Market Risk Adjusted Performance of (3.48) and Risk Adjusted Performance of 0.1526. Gold Road technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Gold Road Resources which can be compared to its competitors. Please check out Gold Road Resources Information Ratio as well as the relationship between Value At Risk and Expected Short fall to decide if Gold Road is priced fairly providing market reflects its last-minute price of 0.639 per share. As Gold Road Resources is a penny stock we also advise to confirm its Total Risk Alpha numbers.
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Gold Road Resources Technical Analysis

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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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Pair Correlation

Compare performance and examine historical correlation between any two equity instruments
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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 

Gold Road Market Strength

Gold Road January 23, 2018 Daily Price Condition