Carmit (Israel) Technical Analysis
| CRMT Stock | ILA 1,059 0.00 0.00% |
As of the 19th of April, Carmit shows the Mean Deviation of 1.64, risk adjusted performance of 0.1003, and Downside Deviation of 3.07. Carmit 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Carmit, which can be compared to its peers. Please confirm Carmit jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Carmit is priced correctly, providing market reflects its regular price of 1059.0 per share.
Carmit Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Carmit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CarmitCarmit |
Carmit 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.
Carmit 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 Carmit volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Carmit Trend Analysis
Use this graph to draw trend lines for Carmit. You can use it to identify possible trend reversals for Carmit 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 Carmit price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Carmit Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Carmit applied against its price change over selected period. The best fit line has a slop of 0.76 , which means Carmit will continue generating value for investors. It has 122 observation points and a regression sum of squares at 21946.49, which is the sum of squared deviations for the predicted Carmit price change compared to its average price change.About Carmit 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 Carmit 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 Carmit based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Carmit price pattern first instead of the macroeconomic environment surrounding Carmit. By analyzing Carmit'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 Carmit'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 Carmit specific price patterns or momentum indicators. Please read more on our technical analysis page.
Carmit April 19, 2024 Technical Indicators
Most technical analysis of Carmit 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 Carmit from various momentum indicators to cycle indicators. When you analyze Carmit 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 | 0.1003 | |||
| Market Risk Adjusted Performance | 0.4172 | |||
| Mean Deviation | 1.64 | |||
| Semi Deviation | 1.23 | |||
| Downside Deviation | 3.07 | |||
| Coefficient Of Variation | 669.22 | |||
| Standard Deviation | 3.01 | |||
| Variance | 9.04 | |||
| Information Ratio | 0.1266 | |||
| Jensen Alpha | 0.3761 | |||
| Total Risk Alpha | 0.1543 | |||
| Sortino Ratio | 0.1239 | |||
| Treynor Ratio | 0.4072 | |||
| Maximum Drawdown | 21.38 | |||
| Value At Risk | (3.74) | |||
| Potential Upside | 6.62 | |||
| Downside Variance | 9.45 | |||
| Semi Variance | 1.5 | |||
| Expected Short fall | (4.27) | |||
| Skewness | 2.53 | |||
| Kurtosis | 10.74 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carmit. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Carmit Stock analysis
When running Carmit's price analysis, check to measure Carmit'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 Carmit is operating at the current time. Most of Carmit's value examination focuses on studying past and present price action to predict the probability of Carmit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carmit's price. Additionally, you may evaluate how the addition of Carmit to your portfolios can decrease your overall portfolio volatility.
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