Goldspot Discoveries Corp Stock Technical Analysis
| SPOFF Stock | USD 0.11 0.01 8.33% |
As of the 22nd of December, Goldspot Discoveries retains the Standard Deviation of 4.05, market risk adjusted performance of 1.88, and Risk Adjusted Performance of (0.09). Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Goldspot Discoveries Corp, as well as the relationship between them. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Goldspot Discoveries Corp, which can be compared to its competitors. Please check out Goldspot Discoveries Corp information ratio and potential upside to decide if Goldspot Discoveries is priced fairly, providing market reflects its last-minute price of 0.11 per share. As Goldspot Discoveries Corp appears to be a penny stock we also urge to confirm its jensen alpha numbers.
Goldspot Discoveries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Goldspot, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GoldspotGoldspot |
Goldspot Discoveries 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.
Goldspot Discoveries Corp Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Goldspot Discoveries Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Goldspot Discoveries Corp Trend Analysis
Use this graph to draw trend lines for Goldspot Discoveries Corp. You can use it to identify possible trend reversals for Goldspot Discoveries 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 Goldspot Discoveries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Goldspot Discoveries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Goldspot Discoveries Corp applied against its price change over selected period. The best fit line has a slop of 0.0009 , which may suggest that Goldspot Discoveries Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Goldspot Discoveries price change compared to its average price change.About Goldspot Discoveries 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 Goldspot Discoveries 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 Goldspot Discoveries Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Goldspot Discoveries Corp price pattern first instead of the macroeconomic environment surrounding Goldspot Discoveries Corp. By analyzing Goldspot Discoveries'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 Goldspot Discoveries'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 Goldspot Discoveries specific price patterns or momentum indicators. Please read more on our technical analysis page.
Goldspot Discoveries December 22, 2024 Technical Indicators
Most technical analysis of Goldspot 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 Goldspot from various momentum indicators to cycle indicators. When you analyze Goldspot 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 | (0.09) | |||
| Market Risk Adjusted Performance | 1.88 | |||
| Mean Deviation | 2.37 | |||
| Coefficient Of Variation | (837.96) | |||
| Standard Deviation | 4.05 | |||
| Variance | 16.42 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | 1.87 | |||
| Maximum Drawdown | 21.43 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 7.14 | |||
| Skewness | (0.45) | |||
| Kurtosis | 2.23 |
Complementary Tools for Goldspot OTC Stock analysis
When running Goldspot Discoveries' price analysis, check to measure Goldspot Discoveries' 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 Goldspot Discoveries is operating at the current time. Most of Goldspot Discoveries' value examination focuses on studying past and present price action to predict the probability of Goldspot Discoveries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldspot Discoveries' price. Additionally, you may evaluate how the addition of Goldspot Discoveries to your portfolios can decrease your overall portfolio volatility.
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