As of the 29th of November, Generation Mining retains the Standard Deviation of 5.45, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (0.35). Generation Mining technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Generation Mining, which can be compared to its competitors. Please check out Generation Mining information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Generation Mining is priced fairly, providing market reflects its last-minute price of 0.24 per share.
Generation Mining Momentum AnalysisMomentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Generation, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Generation Generation Mining's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Generation Mining 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.
Generation Mining Technical Analysis
Generation Mining Trend AnalysisUse this graph to draw trend lines for Generation Mining. You can use it to identify possible trend reversals for Generation Mining 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 Generation Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Generation Mining Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Generation Mining applied against its price change over selected period. The best fit line has a slop of 0.0034 , which may suggest that Generation Mining market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.45, which is the sum of squared deviations for the predicted Generation Mining price change compared to its average price change.
About Generation Mining Technical Analysis
Generation Mining November 29, 2023 Technical Indicators
Most technical analysis of Generation 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 Generation from various momentum indicators to cycle indicators. When you analyze Generation 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.
Generation Mining November 29, 2023 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 Generation 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.You can also try the Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Generation Stock analysis
When running Generation Mining's price analysis, check to measure Generation Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Generation Mining is operating at the current time. Most of Generation Mining's value examination focuses on studying past and present price action to predict the probability of Generation Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Generation Mining's price. Additionally, you may evaluate how the addition of Generation Mining to your portfolios can decrease your overall portfolio volatility.