Westhaven Gold Corp Stock Technical Analysis
| WTHVF Stock | USD 0.07 0.0009 1.38% |
As of the 21st of December, Westhaven Gold maintains the Market Risk Adjusted Performance of 0.7759, mean deviation of 3.95, and Standard Deviation of 6.09. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Westhaven Gold Corp, as well as the relationship between them. Please check out Westhaven Gold Corp market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Westhaven Gold Corp is priced fairly, providing market reflects its latest price of 0.0659 per share. As Westhaven Gold Corp appears to be a penny stock we also urge to confirm its jensen alpha numbers.
Westhaven 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 Westhaven, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WesthavenWesthaven |
Westhaven Gold technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Westhaven Gold Corp Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 Westhaven Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Westhaven Gold Corp Trend Analysis
Use this graph to draw trend lines for Westhaven Gold Corp. You can use it to identify possible trend reversals for Westhaven 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 Westhaven Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Westhaven Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Westhaven Gold Corp applied against its price change over selected period. The best fit line has a slop of 0.0008 , which may suggest that Westhaven Gold Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Westhaven Gold price change compared to its average price change.About Westhaven 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 Westhaven 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 Westhaven Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Westhaven Gold Corp price pattern first instead of the macroeconomic environment surrounding Westhaven Gold Corp. By analyzing Westhaven 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 Westhaven 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 Westhaven Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
Westhaven Gold December 21, 2024 Technical Indicators
Most technical analysis of Westhaven 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 Westhaven from various momentum indicators to cycle indicators. When you analyze Westhaven 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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| 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 | 0.7759 | |||
| Mean Deviation | 3.95 | |||
| Coefficient Of Variation | (841.61) | |||
| Standard Deviation | 6.09 | |||
| Variance | 37.05 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.71) | |||
| Total Risk Alpha | (0.90) | |||
| Treynor Ratio | 0.7659 | |||
| Maximum Drawdown | 34.95 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 9.09 | |||
| Skewness | 0.6173 | |||
| Kurtosis | 2.29 |
Complementary Tools for Westhaven Pink Sheet analysis
When running Westhaven Gold's price analysis, check to measure Westhaven 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 Westhaven Gold is operating at the current time. Most of Westhaven Gold's value examination focuses on studying past and present price action to predict the probability of Westhaven 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 Westhaven Gold's price. Additionally, you may evaluate how the addition of Westhaven Gold to your portfolios can decrease your overall portfolio volatility.
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