Golden Minerals Co Etf Technical Analysis
| GDMN Etf | USD 27.50 0.02 0.07% |
As of the 7th of May, GOLDEN MINERALS retains the Semi Deviation of 2.38, market risk adjusted performance of (0.40), and Risk Adjusted Performance of 0.109. Our technical analysis interface lets you check practical technical drivers of GOLDEN MINERALS CO, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have collected data for nineteen technical drivers for GOLDEN MINERALS CO, which can be compared to its competitors. Please check out GOLDEN MINERALS CO downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if GOLDEN MINERALS is priced correctly, providing market reflects its last-minute price of 27.5 per share.
GOLDEN MINERALS 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 MINERALS technical etf 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, etf market cycles, or different charting patterns.
GOLDEN MINERALS CO 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 GOLDEN MINERALS CO volatility. High ATR values indicate high volatility, and low values indicate low volatility.
GOLDEN MINERALS CO Trend Analysis
Use this graph to draw trend lines for GOLDEN MINERALS CO. You can use it to identify possible trend reversals for GOLDEN MINERALS 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 MINERALS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.GOLDEN MINERALS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for GOLDEN MINERALS CO applied against its price change over selected period. The best fit line has a slop of 0.17 , which means GOLDEN MINERALS CO will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1041.32, which is the sum of squared deviations for the predicted GOLDEN MINERALS price change compared to its average price change.About GOLDEN MINERALS 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 MINERALS CO 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 MINERALS CO based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on GOLDEN MINERALS CO price pattern first instead of the macroeconomic environment surrounding GOLDEN MINERALS CO. By analyzing GOLDEN MINERALS'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 MINERALS'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 MINERALS specific price patterns or momentum indicators. Please read more on our technical analysis page.
GOLDEN MINERALS May 7, 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.
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| Risk Adjusted Performance | 0.109 | |||
| Market Risk Adjusted Performance | (0.40) | |||
| Mean Deviation | 1.86 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.65 | |||
| Coefficient Of Variation | 615.28 | |||
| Standard Deviation | 2.45 | |||
| Variance | 5.98 | |||
| Information Ratio | 0.1318 | |||
| Jensen Alpha | 0.4489 | |||
| Total Risk Alpha | 0.1321 | |||
| Sortino Ratio | 0.1216 | |||
| Treynor Ratio | (0.41) | |||
| Maximum Drawdown | 11.17 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 4.08 | |||
| Downside Variance | 7.03 | |||
| Semi Variance | 5.65 | |||
| Expected Short fall | (2.01) | |||
| Skewness | (0.52) | |||
| Kurtosis | 0.5569 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GOLDEN MINERALS CO. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in GOLDEN Etf, please use our How to Invest in GOLDEN MINERALS guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of GOLDEN MINERALS CO is measured differently than its book value, which is the value of GOLDEN that is recorded on the company's balance sheet. Investors also form their own opinion of GOLDEN MINERALS's value that differs from its market value or its book value, called intrinsic value, which is GOLDEN MINERALS'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 GOLDEN MINERALS's market value can be influenced by many factors that don't directly affect GOLDEN MINERALS'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 GOLDEN MINERALS's value and its price as these two are different measures arrived at by different means. Investors typically determine if GOLDEN MINERALS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GOLDEN MINERALS'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.