Outcrop Gold Corp Stock Technical Analysis

OCG Stock  CAD 0.23  0.01  4.17%   
As of the 18th of April 2024, Outcrop Gold holds the Coefficient Of Variation of 731.16, risk adjusted performance of 0.0952, and Semi Deviation of 3.97. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Outcrop Gold, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Outcrop Gold Corp, which can be compared to its competitors. Please check Outcrop Gold Corp information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Outcrop Gold Corp is priced some-what accurately, providing market reflects its current price of 0.23 per share.

Outcrop 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 Outcrop, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Outcrop
  
Outcrop Gold's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Outcrop Gold 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.
A focus of Outcrop Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Outcrop Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Outcrop Gold Corp Technical Analysis

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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 Outcrop Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Outcrop Gold Corp Trend Analysis

Use this graph to draw trend lines for Outcrop Gold Corp. You can use it to identify possible trend reversals for Outcrop 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 Outcrop Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Outcrop Gold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Outcrop Gold Corp applied against its price change over selected period. The best fit line has a slop of    , which means Outcrop Gold Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.13, which is the sum of squared deviations for the predicted Outcrop Gold price change compared to its average price change.

About Outcrop 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 Outcrop 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 Outcrop Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Outcrop Gold Corp price pattern first instead of the macroeconomic environment surrounding Outcrop Gold Corp. By analyzing Outcrop 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 Outcrop 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 Outcrop Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Days Sales Outstanding136.53182.37
PTB Ratio3.622.6

Outcrop Gold April 18, 2024 Technical Indicators

Most technical analysis of Outcrop 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 Outcrop from various momentum indicators to cycle indicators. When you analyze Outcrop 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outcrop Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Outcrop Stock analysis

When running Outcrop Gold's price analysis, check to measure Outcrop 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 Outcrop Gold is operating at the current time. Most of Outcrop Gold's value examination focuses on studying past and present price action to predict the probability of Outcrop 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 Outcrop Gold's price. Additionally, you may evaluate how the addition of Outcrop Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Outcrop Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Outcrop Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Outcrop Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.