Golden Goliath Resources Stock Technical Analysis
| GNG Stock | CAD 0.03 0.01 25.00% |
As of the 13th of December 2024, Golden Goliath retains the Risk Adjusted Performance of 0.0492, market risk adjusted performance of 5.54, and Downside Deviation of 25.21. Golden Goliath technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Golden Goliath Resources information ratio, as well as the relationship between the value at risk and expected short fall to decide if Golden Goliath is priced fairly, providing market reflects its last-minute price of 0.03 per share.
Golden Goliath Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Golden, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GoldenGolden |
Golden Goliath technical 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, stock market cycles, or different charting patterns.
Golden Goliath Resources Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Golden Goliath Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Golden Goliath Resources Trend Analysis
Use this graph to draw trend lines for Golden Goliath Resources. You can use it to identify possible trend reversals for Golden Goliath 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 Golden Goliath price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Golden Goliath Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Golden Goliath Resources applied against its price change over selected period. The best fit line has a slop of 0.000046 , which means Golden Goliath Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Golden Goliath price change compared to its average price change.About Golden Goliath 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 Golden Goliath Resources 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 Golden Goliath Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Golden Goliath Resources price pattern first instead of the macroeconomic environment surrounding Golden Goliath Resources. By analyzing Golden Goliath'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 Golden Goliath'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 Golden Goliath specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | PB Ratio | 0.57 | 0.54 | Capex To Depreciation | 6.4K | 6.7K |
Golden Goliath December 13, 2024 Technical Indicators
Most technical analysis of Golden 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 Golden from various momentum indicators to cycle indicators. When you analyze Golden 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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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0492 | |||
| Market Risk Adjusted Performance | 5.54 | |||
| Mean Deviation | 5.29 | |||
| Semi Deviation | 7.3 | |||
| Downside Deviation | 25.21 | |||
| Coefficient Of Variation | 1824.21 | |||
| Standard Deviation | 11.52 | |||
| Variance | 132.63 | |||
| Information Ratio | 0.0451 | |||
| Jensen Alpha | 0.6099 | |||
| Total Risk Alpha | (0.99) | |||
| Sortino Ratio | 0.0206 | |||
| Treynor Ratio | 5.53 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 | |||
| Downside Variance | 635.56 | |||
| Semi Variance | 53.22 | |||
| Expected Short fall | (29.72) | |||
| Skewness | 0.8341 | |||
| Kurtosis | 3.63 |
Additional Tools for Golden Stock Analysis
When running Golden Goliath's price analysis, check to measure Golden Goliath'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 Golden Goliath is operating at the current time. Most of Golden Goliath's value examination focuses on studying past and present price action to predict the probability of Golden Goliath's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Goliath's price. Additionally, you may evaluate how the addition of Golden Goliath to your portfolios can decrease your overall portfolio volatility.