Orestone Mining Technical Analysis

Orestone Mining Corp -- Canada Stock  

CAD 0.08  0.01  11.11%

Orestone Mining Corp holds Coefficient Of Variation of (622.61) and Risk Adjusted Performance of (0.03405). Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Orestone Mining as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Orestone Mining Corp which can be compared to its competitors. Please check Orestone Mining Corp Variance as well as the relationship between Maximum Drawdown and Semi Variance to decide if Orestone Mining Corp is priced some-what accurately providing market reflects its current price of 0.08 per share.
Investment Horizon     30 Days    Login   to change

Orestone Mining Corp Trend Analysis

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

Orestone Mining Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Orestone Mining Corp applied against its price change over selected period. The best fit line has a slop of 0.001446 % which may suggest that Orestone Mining Corp market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Orestone Mining price change compared to its average price change.

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Orestone Mining Corp is regarded third in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.62  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Orestone Mining Corp is roughly  1.62