Golden Arrow Resources Stock Technical Analysis
| GARWF Stock | USD 0.06 0.01 20.00% |
As of the 3rd of May, Golden Arrow retains the Risk Adjusted Performance of 0.0791, market risk adjusted performance of 2.04, and Downside Deviation of 22.01. Golden Arrow technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for Golden Arrow Resources, which can be compared to its competitors. Please check out Golden Arrow Resources downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Golden Arrow is priced fairly, providing market reflects its last-minute price of 0.06 per share. As Golden Arrow Resources appears to be a penny stock we also urge to confirm its total risk alpha numbers.
Golden Arrow Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Golden, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GoldenGolden |
Golden Arrow technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Golden Arrow Resources Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Golden Arrow Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Golden Arrow Resources Trend Analysis
Use this graph to draw trend lines for Golden Arrow Resources. You can use it to identify possible trend reversals for Golden Arrow 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 Golden Arrow price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Golden Arrow Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Golden Arrow Resources applied against its price change over selected period. The best fit line has a slop of 0.0002 , which means Golden Arrow Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Golden Arrow price change compared to its average price change.About Golden Arrow Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Golden Arrow Resources on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Golden Arrow Resources based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Golden Arrow Resources price pattern first instead of the macroeconomic environment surrounding Golden Arrow Resources. By analyzing Golden Arrow's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Golden Arrow's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Golden Arrow specific price patterns or momentum indicators. Please read more on our technical analysis page.
Golden Arrow May 3, 2024 Technical Indicators
Most technical analysis of Golden help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Golden from various momentum indicators to cycle indicators. When you analyze Golden charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0791 | |||
| Market Risk Adjusted Performance | 2.04 | |||
| Mean Deviation | 6.32 | |||
| Semi Deviation | 7.12 | |||
| Downside Deviation | 22.01 | |||
| Coefficient Of Variation | 923.6 | |||
| Standard Deviation | 11.52 | |||
| Variance | 132.62 | |||
| Information Ratio | 0.1035 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | 0.4285 | |||
| Sortino Ratio | 0.0541 | |||
| Treynor Ratio | 2.03 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 | |||
| Downside Variance | 484.63 | |||
| Semi Variance | 50.66 | |||
| Expected Short fall | (24.43) | |||
| Skewness | 0.6721 | |||
| Kurtosis | 2.24 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Arrow Resources. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Golden OTC Stock analysis
When running Golden Arrow's price analysis, check to measure Golden Arrow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Arrow is operating at the current time. Most of Golden Arrow's value examination focuses on studying past and present price action to predict the probability of Golden Arrow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Arrow's price. Additionally, you may evaluate how the addition of Golden Arrow to your portfolios can decrease your overall portfolio volatility.
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