Provenance Gold Corp Stock Technical Analysis
PVGDF Stock | USD 0.20 0.02 11.11% |
As of the 9th of January, Provenance Gold holds the Risk Adjusted Performance of 0.1046, semi deviation of 5.54, and Coefficient Of Variation of 842.48. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Provenance Gold, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Provenance Gold Corp, which can be compared to its competitors. Please check Provenance Gold Corp treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Provenance Gold Corp is priced some-what accurately, providing market reflects its current price of 0.2 per share. As Provenance Gold Corp appears to be a penny stock we also advise to check out its total risk alpha numbers.
Provenance Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Provenance, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProvenanceProvenance |
Provenance Gold 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.
Provenance Gold Corp Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Provenance Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Provenance Gold Corp Trend Analysis
Use this graph to draw trend lines for Provenance Gold Corp. You can use it to identify possible trend reversals for Provenance Gold 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 Provenance Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Provenance Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Provenance Gold Corp applied against its price change over selected period. The best fit line has a slop of 0 , which means Provenance Gold Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted Provenance Gold price change compared to its average price change.About Provenance Gold 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 Provenance Gold 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 Provenance Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Provenance Gold Corp price pattern first instead of the macroeconomic environment surrounding Provenance Gold Corp. By analyzing Provenance Gold'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 Provenance Gold'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 Provenance Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
Provenance Gold January 9, 2025 Technical Indicators
Most technical analysis of Provenance 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 Provenance from various momentum indicators to cycle indicators. When you analyze Provenance 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 | 0.1046 | |||
Market Risk Adjusted Performance | 0.5488 | |||
Mean Deviation | 5.99 | |||
Semi Deviation | 5.54 | |||
Downside Deviation | 8.57 | |||
Coefficient Of Variation | 842.48 | |||
Standard Deviation | 8.19 | |||
Variance | 67.13 | |||
Information Ratio | 0.1175 | |||
Jensen Alpha | 0.9635 | |||
Total Risk Alpha | 0.9682 | |||
Sortino Ratio | 0.1124 | |||
Treynor Ratio | 0.5388 | |||
Maximum Drawdown | 40.95 | |||
Value At Risk | (11.54) | |||
Potential Upside | 16.67 | |||
Downside Variance | 73.44 | |||
Semi Variance | 30.72 | |||
Expected Short fall | (10.39) | |||
Skewness | 0.7624 | |||
Kurtosis | 1.23 |
Complementary Tools for Provenance OTC Stock analysis
When running Provenance Gold's price analysis, check to measure Provenance Gold'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 Provenance Gold is operating at the current time. Most of Provenance Gold's value examination focuses on studying past and present price action to predict the probability of Provenance Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provenance Gold's price. Additionally, you may evaluate how the addition of Provenance Gold to your portfolios can decrease your overall portfolio volatility.
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