Barrick North Amer Bond Technical Analysis
| 06849RAG7 | 91.83 9.18 9.09% |
As of the 17th of December 2024, BARRICK shows the Mean Deviation of 0.6201, coefficient of variation of (622.13), and Variance of 1.34. Concerning fundamental indicators, the technical analysis model gives you tools to check possible technical drivers of BARRICK, as well as the relationship between them.
BARRICK Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BARRICK, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BARRICKBARRICK |
BARRICK technical bond 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, bond market cycles, or different charting patterns.
BARRICK NORTH AMER Trend Analysis
Use this graph to draw trend lines for BARRICK NORTH AMER. You can use it to identify possible trend reversals for BARRICK 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 BARRICK price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BARRICK Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BARRICK NORTH AMER applied against its price change over selected period. The best fit line has a slop of 0.12 , which may suggest that BARRICK NORTH AMER market price will keep on failing further. It has 122 observation points and a regression sum of squares at 551.3, which is the sum of squared deviations for the predicted BARRICK price change compared to its average price change.About BARRICK 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 BARRICK NORTH AMER 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 BARRICK NORTH AMER based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on BARRICK NORTH AMER price pattern first instead of the macroeconomic environment surrounding BARRICK NORTH AMER. By analyzing BARRICK'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 BARRICK'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 BARRICK specific price patterns or momentum indicators. Please read more on our technical analysis page.
BARRICK December 17, 2024 Technical Indicators
Most technical analysis of BARRICK 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 BARRICK from various momentum indicators to cycle indicators. When you analyze BARRICK 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 | (0.11) | |||
| Market Risk Adjusted Performance | (3.25) | |||
| Mean Deviation | 0.6201 | |||
| Coefficient Of Variation | (622.13) | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.34 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (3.26) | |||
| Maximum Drawdown | 6.65 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.876 | |||
| Skewness | (3.57) | |||
| Kurtosis | 16.76 |
Other Information on Investing in BARRICK Bond
BARRICK financial ratios help investors to determine whether BARRICK Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BARRICK with respect to the benefits of owning BARRICK security.