|Goldcorp Inc -- USA Stock|| |
USD 13.24 0.17 1.27%
Goldcorp Inc retains Downside Deviation
of 1.15, Market Risk Adjusted Performance
of 0.0616 and Risk Adjusted Performance
of 0.0266. Goldcorp 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 Goldcorp Inc which can be compared to its competitors. Please check out Goldcorp Inc Treynor Ratio
, and the relationship
and Potential Upside
to decide if Goldcorp is priced fairly providing market reflects its last-minute price of 13.24 per share. Given that Goldcorp Inc has Jensen Alpha
of 0.002, we strongly advise you confirm Goldcorp Inc regular market performance to make sure the company can sustain itself at future point.
Goldcorp Inc Trend Analysis
Use this graph to draw trend lines for Goldcorp Inc. You can use it to identify possible trend reversals for Goldcorp 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 Goldcorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Goldcorp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Goldcorp Inc applied against its price change over selected period. The best fit line has a slop of 0.015711 %
which suggests that Goldcorp Inc will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted Goldcorp price change compared to its average price change.