Us Gold Corp Stock Technical Analysis

USAU Stock  USD 5.36  0.05  0.94%   
As of the 16th of May 2024, US Gold owns the Downside Deviation of 3.8, mean deviation of 3.12, and Risk Adjusted Performance of 0.1082. Concerning fundamental indicators, the technical analysis model makes it possible for you to check potential technical drivers of US Gold Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for US Gold, which can be compared to its peers in the sector. Please validate US Gold Corp coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if US Gold Corp is priced correctly, providing market reflects its prevailing price of 5.36 per share. Given that US Gold Corp has jensen alpha of 0.6191, we advise you to double-check US Gold's latest market performance to make sure the company can sustain itself at some future date.

US 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 USAU, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to USAU
  
US 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.

US Gold Analyst Consensus

Target PriceAdvice# of Analysts
14.67Strong Buy2Odds
US Gold Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most USAU 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 USAU stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of US Gold Corp, talking to its executives and customers, or listening to USAU conference calls.
USAU Analyst Advice Details
US 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 US Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of US 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...

US Gold Corp Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 US Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

US Gold Corp Trend Analysis

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

US Gold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for US Gold Corp applied against its price change over selected period. The best fit line has a slop of   0.02  , which means US Gold Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 21.26, which is the sum of squared deviations for the predicted US Gold price change compared to its average price change.

About US 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 US 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 US Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on US Gold Corp price pattern first instead of the macroeconomic environment surrounding US Gold Corp. By analyzing US 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 US 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 US Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.06490.0442
Price To Sales Ratio9.6210.11

US Gold May 16, 2024 Technical Indicators

Most technical analysis of USAU 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 USAU from various momentum indicators to cycle indicators. When you analyze USAU 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.

US Gold May 16, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as USAU stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether US Gold Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if USAU Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Us Gold Corp Stock. Highlighted below are key reports to facilitate an investment decision about Us Gold Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US 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 nation.
Note that the US Gold Corp information on this page should be used as a complementary analysis to other US Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for USAU Stock analysis

When running US Gold's price analysis, check to measure US 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 US Gold is operating at the current time. Most of US Gold's value examination focuses on studying past and present price action to predict the probability of US 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 US Gold's price. Additionally, you may evaluate how the addition of US Gold to your portfolios can decrease your overall portfolio volatility.
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Is US Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of US Gold. If investors know USAU will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about US Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.73)
Return On Assets
(0.25)
Return On Equity
(0.40)
The market value of US Gold Corp is measured differently than its book value, which is the value of USAU that is recorded on the company's balance sheet. Investors also form their own opinion of US Gold's value that differs from its market value or its book value, called intrinsic value, which is US Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US Gold's market value can be influenced by many factors that don't directly affect US Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US 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.