Companhia (Brazil) Technical Analysis
| CTNM4 Preferred Stock | BRL 1.08 0.03 2.70% |
As of the 18th of April 2024, Companhia shows the Mean Deviation of 1.78, standard deviation of 2.48, and Risk Adjusted Performance of (0.12). Companhia de Tecidos 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 analyze thirteen technical drivers for Companhia de Tecidos, which can be compared to its peers. Please confirm Companhia de Tecidos treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Companhia de Tecidos is priced correctly, providing market reflects its regular price of 1.08 per share.
Companhia Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Companhia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CompanhiaCompanhia |
Companhia technical preferred 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, preferred stock market cycles, or different charting patterns.
Companhia de Tecidos Technical Analysis
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 Companhia de Tecidos volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Companhia de Tecidos Trend Analysis
Use this graph to draw trend lines for Companhia de Tecidos. You can use it to identify possible trend reversals for Companhia 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 Companhia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Companhia Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Companhia de Tecidos applied against its price change over selected period. The best fit line has a slop of 0.0064 , which may suggest that Companhia de Tecidos market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.54, which is the sum of squared deviations for the predicted Companhia price change compared to its average price change.About Companhia 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 Companhia de Tecidos 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 Companhia de Tecidos based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Companhia de Tecidos price pattern first instead of the macroeconomic environment surrounding Companhia de Tecidos. By analyzing Companhia'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 Companhia'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 Companhia specific price patterns or momentum indicators. Please read more on our technical analysis page.
Companhia April 18, 2024 Technical Indicators
Most technical analysis of Companhia 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 Companhia from various momentum indicators to cycle indicators. When you analyze Companhia 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 | (0.12) | |||
| Market Risk Adjusted Performance | 2.26 | |||
| Mean Deviation | 1.78 | |||
| Coefficient Of Variation | (510.20) | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.15 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 2.25 | |||
| Maximum Drawdown | 11.9 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 4.35 | |||
| Skewness | 0.4925 | |||
| Kurtosis | 1.65 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhia de Tecidos. 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 Companhia de Tecidos information on this page should be used as a complementary analysis to other Companhia'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Companhia Preferred Stock analysis
When running Companhia's price analysis, check to measure Companhia'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 Companhia is operating at the current time. Most of Companhia's value examination focuses on studying past and present price action to predict the probability of Companhia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia's price. Additionally, you may evaluate how the addition of Companhia to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Stocks Directory Find actively traded stocks across global markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |