GoPro Technical Analysis

GPRO -- USA Stock  

Earning Report: November 7, 2019  

As of 23 of October GoPro retains Market Risk Adjusted Performance of (0.28) and Risk Adjusted Performance of (0.07). GoPro 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 GoPro which can be compared to its competitors. Please check out GoPro Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if GoPro is priced fairly providing market reflects its last-minute price of 3.82 per share. Given that GoPro has Jensen Alpha of (0.34), we strongly advise you confirm GoPro regular market performance to make sure the company can sustain itself at future point.
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GoPro current and past analyst recommendations published by number of research institutions as well as average analyst consensus
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GoPro Technical Analysis

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Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. The Normalized Average True Range is used to analyze tradable apportunities for GoPro across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

GoPro Trend Analysis

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

GoPro Best Fit Change Line

The following chart estimates an ordinary least squares regression model for GoPro applied against its price change over selected period. The best fit line has a slop of   0.0092  which may suggest that GoPro market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.19, which is the sum of squared deviations for the predicted GoPro price change compared to its average price change.

GoPro October 23, 2019 Technical Indicators

GoPro October 23, 2019 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.