Fortuna Silver Mines Stock Technical Analysis
FSM Stock | USD 4.65 0.14 3.10% |
As of the 19th of April, Fortuna Silver shows the Downside Deviation of 2.95, mean deviation of 2.59, and Coefficient Of Variation of 948.96. Fortuna Silver Mines technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Fortuna Silver Mines, which can be compared to its peers. Please confirm Fortuna Silver Mines variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Fortuna Silver Mines is priced favorably, providing market reflects its regular price of 4.65 per share. Given that Fortuna Silver has jensen alpha of 0.2455, we urge you to verify Fortuna Silver Mines's prevailing market performance to make sure the company can sustain itself at a future point.
Fortuna Silver Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fortuna, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FortunaFortuna |
Fortuna Silver Analyst Consensus
Target Price | Advice | # of Analysts | |
9.0 | Buy | 5 | Odds |
Most Fortuna analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Fortuna stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Fortuna Silver Mines, talking to its executives and customers, or listening to Fortuna conference calls.
Fortuna Silver technical 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.
Fortuna Silver Mines Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Fortuna Silver Mines volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Fortuna Silver Mines Trend Analysis
Use this graph to draw trend lines for Fortuna Silver Mines. You can use it to identify possible trend reversals for Fortuna Silver 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 Fortuna Silver price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Fortuna Silver Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Fortuna Silver Mines applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that Fortuna Silver Mines will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 38.61, which is the sum of squared deviations for the predicted Fortuna Silver price change compared to its average price change.About Fortuna Silver 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 Fortuna Silver Mines 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 Fortuna Silver Mines based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Fortuna Silver Mines price pattern first instead of the macroeconomic environment surrounding Fortuna Silver Mines. By analyzing Fortuna Silver'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 Fortuna Silver'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 Fortuna Silver specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.78 | 7.37 | 6.72 | 6.38 | Days Of Inventory On Hand | 79.43 | 62.82 | 62.69 | 40.2 |
Fortuna Silver April 19, 2024 Technical Indicators
Most technical analysis of Fortuna 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 Fortuna from various momentum indicators to cycle indicators. When you analyze Fortuna 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 | 0.0734 | |||
Market Risk Adjusted Performance | 0.1897 | |||
Mean Deviation | 2.59 | |||
Semi Deviation | 2.8 | |||
Downside Deviation | 2.95 | |||
Coefficient Of Variation | 948.96 | |||
Standard Deviation | 3.55 | |||
Variance | 12.61 | |||
Information Ratio | 0.0861 | |||
Jensen Alpha | 0.2455 | |||
Total Risk Alpha | 0.0276 | |||
Sortino Ratio | 0.1035 | |||
Treynor Ratio | 0.1797 | |||
Maximum Drawdown | 17.04 | |||
Value At Risk | (3.51) | |||
Potential Upside | 5.88 | |||
Downside Variance | 8.72 | |||
Semi Variance | 7.85 | |||
Expected Short fall | (3.32) | |||
Skewness | 0.4366 | |||
Kurtosis | 3.59 |
Fortuna Silver April 19, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Fortuna stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 326,236 | ||
Daily Balance Of Power | 0.61 | ||
Rate Of Daily Change | 1.03 | ||
Day Median Price | 4.62 | ||
Day Typical Price | 4.63 | ||
Price Action Indicator | 0.11 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortuna Silver Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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Is Fortuna Silver's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortuna Silver. If investors know Fortuna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortuna Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.254 | Earnings Share (0.17) | Revenue Per Share 2.855 | Quarterly Revenue Growth 0.611 | Return On Assets 0.0139 |
The market value of Fortuna Silver Mines is measured differently than its book value, which is the value of Fortuna that is recorded on the company's balance sheet. Investors also form their own opinion of Fortuna Silver's value that differs from its market value or its book value, called intrinsic value, which is Fortuna Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortuna Silver's market value can be influenced by many factors that don't directly affect Fortuna Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortuna Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortuna Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.