Bitterroot Resources Stock Technical Analysis
| BTT Stock | CAD 0.04 0.01 12.50% |
As of the 4th of November, Bitterroot Resources shows the Mean Deviation of 1.35, standard deviation of 4.36, and Risk Adjusted Performance of 0.1294. Bitterroot Resources technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Bitterroot Resources market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if Bitterroot Resources is priced correctly, providing market reflects its regular price of 0.045 per share.
Bitterroot Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bitterroot, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BitterrootBitterroot |
Bitterroot Resources 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.
Bitterroot Resources Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Bitterroot Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bitterroot Resources Trend Analysis
Use this graph to draw trend lines for Bitterroot Resources. You can use it to identify possible trend reversals for Bitterroot Resources 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 Bitterroot Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bitterroot Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bitterroot Resources applied against its price change over selected period. The best fit line has a slop of 0.0001 , which means Bitterroot 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 Bitterroot Resources price change compared to its average price change.About Bitterroot Resources 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 Bitterroot 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 Bitterroot Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bitterroot Resources price pattern first instead of the macroeconomic environment surrounding Bitterroot Resources. By analyzing Bitterroot Resources'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 Bitterroot Resources'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 Bitterroot Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Days Sales Outstanding | 21.1K | 18.8K | PTB Ratio | 0.61 | 1.12 |
Bitterroot Resources November 4, 2024 Technical Indicators
Most technical analysis of Bitterroot 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 Bitterroot from various momentum indicators to cycle indicators. When you analyze Bitterroot 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 | ||
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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1294 | |||
| Market Risk Adjusted Performance | (0.97) | |||
| Mean Deviation | 1.35 | |||
| Coefficient Of Variation | 627.82 | |||
| Standard Deviation | 4.36 | |||
| Variance | 19.01 | |||
| Information Ratio | 0.1442 | |||
| Jensen Alpha | 0.7232 | |||
| Total Risk Alpha | 0.3659 | |||
| Treynor Ratio | (0.98) | |||
| Maximum Drawdown | 33.33 | |||
| Skewness | 6.97 | |||
| Kurtosis | 50.76 |
Additional Tools for Bitterroot Stock Analysis
When running Bitterroot Resources' price analysis, check to measure Bitterroot Resources' 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 Bitterroot Resources is operating at the current time. Most of Bitterroot Resources' value examination focuses on studying past and present price action to predict the probability of Bitterroot Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitterroot Resources' price. Additionally, you may evaluate how the addition of Bitterroot Resources to your portfolios can decrease your overall portfolio volatility.