Candelaria Mining Corp Stock Technical Analysis
| CDELF Stock | USD 0.01 0 14.29% |
As of the 25th of April, Candelaria Mining shows the Risk Adjusted Performance of 0.0182, mean deviation of 4.35, and Standard Deviation of 13.36. Candelaria Mining Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 were able to break down and interpolate twelve technical drivers for Candelaria Mining Corp, which can be compared to its peers. Please confirm Candelaria Mining Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Candelaria Mining Corp is priced correctly, providing market reflects its regular price of 0.012 per share. As Candelaria Mining Corp appears to be a penny stock we also recommend to validate its jensen alpha numbers.
Candelaria Mining Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Candelaria, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CandelariaCandelaria |
Candelaria Mining technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Candelaria Mining Corp Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. 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 Candelaria Mining Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Candelaria Mining Corp Trend Analysis
Use this graph to draw trend lines for Candelaria Mining Corp. You can use it to identify possible trend reversals for Candelaria 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 Candelaria Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Candelaria Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Candelaria Mining Corp applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Candelaria Mining Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Candelaria Mining price change compared to its average price change.About Candelaria Mining 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 Candelaria Mining Corp 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 Candelaria Mining Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Candelaria Mining Corp price pattern first instead of the macroeconomic environment surrounding Candelaria Mining Corp. By analyzing Candelaria Mining'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 Candelaria Mining'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 Candelaria Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
Candelaria Mining April 25, 2024 Technical Indicators
Most technical analysis of Candelaria 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 Candelaria from various momentum indicators to cycle indicators. When you analyze Candelaria 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0182 | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 4.35 | |||
| Coefficient Of Variation | 7206.68 | |||
| Standard Deviation | 13.36 | |||
| Variance | 178.54 | |||
| Information Ratio | 0.0073 | |||
| Jensen Alpha | 0.4642 | |||
| Total Risk Alpha | (1.49) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 84.13 | |||
| Value At Risk | (14.29) | |||
| Skewness | 0.6962 | |||
| Kurtosis | 10.25 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Candelaria Mining Corp. 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Candelaria Pink Sheet analysis
When running Candelaria Mining's price analysis, check to measure Candelaria 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 Candelaria Mining is operating at the current time. Most of Candelaria Mining's value examination focuses on studying past and present price action to predict the probability of Candelaria 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 Candelaria Mining's price. Additionally, you may evaluate how the addition of Candelaria Mining to your portfolios can decrease your overall portfolio volatility.
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