Hecla Mining Technical Analysis

Hecla Mining Company -- USA Stock  

USD 3.81  0.1  2.56%

Hecla Mining Company retains Market Risk Adjusted Performance of (0.018305) and Risk Adjusted Performance of 9.0E-4. Hecla Mining 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 Hecla Mining which can be compared to its competitors. Please check out Hecla Mining Jensen Alpha, and the relationship between Coefficient Of Variation and Potential Upside to decide if Hecla Mining is priced fairly providing market reflects its last-minute price of 3.81 per share. Given that Hecla Mining Company has Jensen Alpha of (0.38), we strongly advise you confirm Hecla Mining regular market performance to make sure the company can sustain itself at future point.
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Hecla Mining Trend Analysis

Use this graph to draw trend lines for Hecla Mining Company. You can use it to identify possible trend reversals for Hecla 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 Hecla Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hecla Mining Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hecla Mining Company applied against its price change over selected period. The best fit line has a slop of 0.007059 % which may indicate that the price for Hecla Mining Company will continue to decline. It has 34 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Hecla Mining price change compared to its average price change.

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Hecla Mining Company is rated # 5 in mean deviation category among related companies. It is rated # 4 in standard deviation category among related companies creating about  1.37  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Hecla Mining Company is roughly  1.37