Fortuna Silver (UK) Technical Analysis
| 0QYM Stock | 6.11 0.10 1.61% |
As of the 2nd of January, Fortuna Silver shows the Coefficient Of Variation of 23888.27, mean deviation of 3.73, and Downside Deviation of 4.48. 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. Please confirm Fortuna Silver Mines variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Fortuna Silver Mines is priced favorably, providing market reflects its regular price of 6.11 per share.
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 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
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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 0.02 , which may suggest that Fortuna Silver Mines market price will keep on failing further. It has 122 observation points and a regression sum of squares at 13.3, 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.
Fortuna Silver January 2, 2025 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0118 | |||
| Market Risk Adjusted Performance | 0.027 | |||
| Mean Deviation | 3.73 | |||
| Semi Deviation | 4.3 | |||
| Downside Deviation | 4.48 | |||
| Coefficient Of Variation | 23888.27 | |||
| Standard Deviation | 5.03 | |||
| Variance | 25.31 | |||
| Information Ratio | 0.002 | |||
| Jensen Alpha | 0.0105 | |||
| Total Risk Alpha | 0.0059 | |||
| Sortino Ratio | 0.0023 | |||
| Treynor Ratio | 0.017 | |||
| Maximum Drawdown | 26.76 | |||
| Value At Risk | (5.95) | |||
| Potential Upside | 8.58 | |||
| Downside Variance | 20.08 | |||
| Semi Variance | 18.52 | |||
| Expected Short fall | (4.75) | |||
| Skewness | 0.2664 | |||
| Kurtosis | 1.15 |
Additional Tools for Fortuna Stock Analysis
When running Fortuna Silver's price analysis, check to measure Fortuna Silver'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 Fortuna Silver is operating at the current time. Most of Fortuna Silver's value examination focuses on studying past and present price action to predict the probability of Fortuna Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortuna Silver's price. Additionally, you may evaluate how the addition of Fortuna Silver to your portfolios can decrease your overall portfolio volatility.