Comstock Mining Stock Technical Analysis
LODE Stock | USD 0.43 0.02 4.88% |
As of the 11th of December 2024, Comstock Mining shows the Downside Deviation of 8.12, risk adjusted performance of 0.0872, and Mean Deviation of 6.89. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Comstock Mining, as well as the relationship between them. Please confirm Comstock Mining information ratio and the relationship between the maximum drawdown and skewness to decide if Comstock Mining is priced correctly, providing market reflects its regular price of 0.43 per share. As Comstock Mining is a penny stock we also strongly suggest to validate its total risk alpha numbers.
Comstock Mining Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Comstock, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ComstockComstock |
Comstock Mining Analyst Consensus
Target Price | Advice | # of Analysts | |
3.75 | Strong Buy | 1 | Odds |
Most Comstock analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Comstock stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Comstock Mining, talking to its executives and customers, or listening to Comstock conference calls.
Comstock Mining 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.
Comstock Mining Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Comstock Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Comstock Mining Trend Analysis
Use this graph to draw trend lines for Comstock Mining. You can use it to identify possible trend reversals for Comstock Mining 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 Comstock Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Comstock Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Comstock Mining applied against its price change over selected period. The best fit line has a slop of 0.0013 , which may suggest that Comstock Mining market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Comstock Mining price change compared to its average price change.About Comstock Mining 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 Comstock Mining 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 Comstock Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Comstock Mining price pattern first instead of the macroeconomic environment surrounding Comstock Mining. By analyzing Comstock Mining'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 Comstock Mining'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 Comstock Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 0.43 | 5.22 | 4.7 | 3.68 | Days Of Inventory On Hand | 1.2K | 2.2K | 2.0K | 2.1K |
Comstock Mining December 11, 2024 Technical Indicators
Most technical analysis of Comstock 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 Comstock from various momentum indicators to cycle indicators. When you analyze Comstock 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 | 0.0872 | |||
Market Risk Adjusted Performance | 2.19 | |||
Mean Deviation | 6.89 | |||
Semi Deviation | 7.09 | |||
Downside Deviation | 8.12 | |||
Coefficient Of Variation | 926.48 | |||
Standard Deviation | 8.89 | |||
Variance | 79.08 | |||
Information Ratio | 0.0939 | |||
Jensen Alpha | 0.9001 | |||
Total Risk Alpha | (0.46) | |||
Sortino Ratio | 0.1029 | |||
Treynor Ratio | 2.18 | |||
Maximum Drawdown | 50.97 | |||
Value At Risk | (11.76) | |||
Potential Upside | 14.81 | |||
Downside Variance | 65.87 | |||
Semi Variance | 50.24 | |||
Expected Short fall | (8.80) | |||
Skewness | 0.4599 | |||
Kurtosis | 1.08 |
Complementary Tools for Comstock Stock analysis
When running Comstock Mining's price analysis, check to measure Comstock Mining'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 Comstock Mining is operating at the current time. Most of Comstock Mining's value examination focuses on studying past and present price action to predict the probability of Comstock Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comstock Mining's price. Additionally, you may evaluate how the addition of Comstock Mining to your portfolios can decrease your overall portfolio volatility.
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