Ridgeline Minerals Corp Stock Technical Analysis
| RDGMF Stock | USD 0.16 0.02 14.29% |
As of the 2nd of March, Ridgeline Minerals holds the Coefficient Of Variation of 743.39, risk adjusted performance of 0.108, and Semi Deviation of 4.02. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ridgeline Minerals, 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 have collected data for nineteen technical drivers for Ridgeline Minerals Corp, which can be compared to its competitors. Please check Ridgeline Minerals Corp variance, as well as the relationship between the maximum drawdown and semi variance to decide if Ridgeline Minerals Corp is priced some-what accurately, providing market reflects its current price of 0.16 per share. As Ridgeline Minerals Corp appears to be a penny stock we also advise to check out its total risk alpha numbers.
Ridgeline Minerals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ridgeline, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RidgelineRidgeline |
Ridgeline Minerals 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.
Ridgeline Minerals Corp Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-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 Ridgeline Minerals Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ridgeline Minerals Corp Trend Analysis
Use this graph to draw trend lines for Ridgeline Minerals Corp. You can use it to identify possible trend reversals for Ridgeline Minerals 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 Ridgeline Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ridgeline Minerals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ridgeline Minerals Corp applied against its price change over selected period. The best fit line has a slop of 0.0007 , which means Ridgeline Minerals Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Ridgeline Minerals price change compared to its average price change.About Ridgeline Minerals 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 Ridgeline Minerals 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 Ridgeline Minerals Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Ridgeline Minerals Corp price pattern first instead of the macroeconomic environment surrounding Ridgeline Minerals Corp. By analyzing Ridgeline Minerals'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 Ridgeline Minerals'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 Ridgeline Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ridgeline Minerals March 2, 2025 Technical Indicators
Most technical analysis of Ridgeline 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 Ridgeline from various momentum indicators to cycle indicators. When you analyze Ridgeline 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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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.108 | |||
| Market Risk Adjusted Performance | 0.5398 | |||
| Mean Deviation | 4.53 | |||
| Semi Deviation | 4.02 | |||
| Downside Deviation | 6.87 | |||
| Coefficient Of Variation | 743.39 | |||
| Standard Deviation | 7.01 | |||
| Variance | 49.08 | |||
| Information Ratio | 0.1364 | |||
| Jensen Alpha | 0.9729 | |||
| Total Risk Alpha | 1.15 | |||
| Sortino Ratio | 0.139 | |||
| Treynor Ratio | 0.5298 | |||
| Maximum Drawdown | 34.42 | |||
| Value At Risk | (9.27) | |||
| Potential Upside | 14.29 | |||
| Downside Variance | 47.26 | |||
| Semi Variance | 16.13 | |||
| Expected Short fall | (9.24) | |||
| Skewness | 1.33 | |||
| Kurtosis | 3.08 |
Complementary Tools for Ridgeline OTC Stock analysis
When running Ridgeline Minerals' price analysis, check to measure Ridgeline Minerals' 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 Ridgeline Minerals is operating at the current time. Most of Ridgeline Minerals' value examination focuses on studying past and present price action to predict the probability of Ridgeline Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ridgeline Minerals' price. Additionally, you may evaluate how the addition of Ridgeline Minerals to your portfolios can decrease your overall portfolio volatility.
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