[BEARISH]: Beadell Resources UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.945.
A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.
Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;
PROFILE: Beadell Resources (BDR.AX)
Stock Exchange: ASX
Company: Beadell Resources
Ticker Codes: | BDR.AX | ASX:BDR |
Beadell Resources Limited operates as a gold producer in Brazil and Australia. Its primary property is the Tucano gold mine covering an area of approximately 2,500 square kilometers of gold exploration tenements located in the Amapß state, northern Brazil. The company is headquartered in West Perth, Australia.
|RND Rand Mining||3.8||58.3||13,444||5.28||BEARISH|
|ALK Alkane Exploration||0.26||8.3||1,267,384||5.51||BEARISH|
|LYC Lynas Corporation||2.05||5.9||7,004,603||16.94||BEARISH|
|MLX Metals X||0.59||5.4||1,316,606||15.94||BEARISH|
|OGC Oceanagold Corporation||4.2||5.3||361,211||8.03||BEARISH|
|RSG Resolute Mining||1.1||4.3||10,327,619||6.14||BEARISH|
|TPE Tpi Enterprises||1.56||3.7||30,991||7.86||BEARISH|
|PTM Platinum Asset Management||5.31||3.5||1,603,964||6.05||BEARISH|
|GAP Gale Pacific||0.36||2.9||110,333||6.57||BEARISH|