Lucara Diamond Technical Analysis

Lucara Diamond Corp -- Canada Stock  

CAD 2.32  0.03  1.28%

Lucara Diamond Corp secures Mean Deviation of 1.28 and Risk Adjusted Performance of (0.010882). In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Lucara Diamond Corp as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Lucara Diamond which can be compared to its peers in the industry. Please verify Lucara Diamond Corp Coefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to decide if Lucara Diamond Corp is priced some-what accurately providing market reflects its recent price of 2.32 per share.
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Lucara Diamond Corp Trend Analysis

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

Lucara Diamond Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lucara Diamond Corp applied against its price change over selected period. The best fit line has a slop of 0.006127 % which may suggest that Lucara Diamond Corp market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Lucara Diamond price change compared to its average price change.

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Lucara Diamond Corp is rated below average in mean deviation category among related companies. It is rated fourth overall in standard deviation category among related companies creating about  1.49  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Lucara Diamond Corp is roughly  1.49