Bonterra Resources Stock Technical Analysis
BONXF Stock | USD 0.17 0.01 5.56% |
As of the 29th of November, Bonterra Resources shows the Standard Deviation of 4.81, risk adjusted performance of (0.02), and Mean Deviation of 3.26. Bonterra Resources 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 have analyzed and interpolated thirteen technical drivers for Bonterra Resources, which can be compared to its peers. Please confirm Bonterra Resources variance and potential upside to decide if Bonterra Resources is priced correctly, providing market reflects its regular price of 0.17 per share. As Bonterra Resources appears to be a penny stock we also recommend to validate its jensen alpha numbers.
Bonterra Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bonterra, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BonterraBonterra |
Bonterra Resources technical otc 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, otc market cycles, or different charting patterns.
Bonterra Resources Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Bonterra Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bonterra Resources Trend Analysis
Use this graph to draw trend lines for Bonterra Resources. You can use it to identify possible trend reversals for Bonterra Resources 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 Bonterra Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bonterra Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bonterra Resources applied against its price change over selected period. The best fit line has a slop of 0.0005 , which may suggest that Bonterra Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Bonterra Resources price change compared to its average price change.About Bonterra Resources 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 Bonterra Resources 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 Bonterra Resources based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Bonterra Resources price pattern first instead of the macroeconomic environment surrounding Bonterra Resources. By analyzing Bonterra Resources'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 Bonterra Resources'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 Bonterra Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bonterra Resources November 29, 2024 Technical Indicators
Most technical analysis of Bonterra 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 Bonterra from various momentum indicators to cycle indicators. When you analyze Bonterra 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 | (0.02) | |||
Market Risk Adjusted Performance | (3.11) | |||
Mean Deviation | 3.26 | |||
Coefficient Of Variation | (2,546) | |||
Standard Deviation | 4.81 | |||
Variance | 23.09 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.92) | |||
Treynor Ratio | (3.12) | |||
Maximum Drawdown | 21.11 | |||
Value At Risk | (10.00) | |||
Potential Upside | 5.88 | |||
Skewness | (0.15) | |||
Kurtosis | 0.424 |
Bonterra Resources November 29, 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 Bonterra 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 | 3,033 | ||
Daily Balance Of Power | (1.00) | ||
Rate Of Daily Change | 0.94 | ||
Day Median Price | 0.18 | ||
Day Typical Price | 0.17 | ||
Price Action Indicator | (0.01) |
Complementary Tools for Bonterra OTC Stock analysis
When running Bonterra Resources' price analysis, check to measure Bonterra Resources' 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 Bonterra Resources is operating at the current time. Most of Bonterra Resources' value examination focuses on studying past and present price action to predict the probability of Bonterra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bonterra Resources' price. Additionally, you may evaluate how the addition of Bonterra Resources to your portfolios can decrease your overall portfolio volatility.
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