Sarama Technical Analysis

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SRMMF -- USA Stock  

USD 0.0453  0.00002  0.0441%

As of the 2nd of June Sarama Resources has Semi Deviation of 8.89, Coefficient Of Variation of 1845.31 and Risk Adjusted Performance of 0.2247. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Sarama Resources 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 prices and volume data or the prices will eventually revert. We found nineteen technical drivers for Sarama Resources, which can be compared to its competition. Please validate Sarama Resources Information Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to decide if Sarama Resources is priced more or less accurately providing market reflects its prevalent price of 0.0453 per share. As Sarama Resources appears to be a penny stock we also recommend to double-check its Total Risk Alpha numbers.

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Sarama Resources 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, stock market cycles, or different charting patterns.
A focus of Sarama Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst, therefore, looks at the history of Sarama Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Sarama Resources Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Sarama Resources volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Sarama Resources Trend Analysis

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

Sarama Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sarama Resources applied against its price change over selected period. The best fit line has a slop of   0.00041297  which means Sarama Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Sarama Resources price change compared to its average price change.

About Sarama Resources Technical Analysis

The Macroaxis 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 Sarama 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 Sarama Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sarama Resources stock first instead of the macroeconomic environment surrounding Sarama Resources. By analyzing Sarama Resources's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Sarama Resources'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 Sarama Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.

Sarama Resources June 2, 2020 Technical Indicators

Sarama Resources June 2, 2020 Daily Price Condition

Sarama Resources Ltd, an exploration stage company, engages in the sourcing, exploration, and development of mineral properties in West Africa. The company was founded in 2010 and is headquartered in Subiaco, Australia. Sarama Resources is traded on BATS Exchange in USA.
Additionally, take a look at World Market Map. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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