Comvita Limited Stock Technical Analysis

CVNZF Stock  USD 1.56  0.00  0.00%   
As of the 28th of March, Comvita shows the Risk Adjusted Performance of (0.06), standard deviation of 2.04, and Mean Deviation of 0.4947. Comvita Limited 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 eleven technical drivers for Comvita Limited, which can be compared to its rivals. Please confirm Comvita Limited standard deviation and skewness to decide if Comvita Limited is priced correctly, providing market reflects its regular price of 1.56 per share. Please also double-check Comvita Limited information ratio, which is currently at (0.19) to validate the company can sustain itself at a future point.

Comvita Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Comvita, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Comvita
  
Comvita'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.
Comvita technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Comvita technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Comvita 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...

Comvita Limited Technical Analysis

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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 Comvita Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Comvita Limited Trend Analysis

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

Comvita Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Comvita Limited applied against its price change over selected period. The best fit line has a slop of   0.0045  , which may suggest that Comvita Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.77, which is the sum of squared deviations for the predicted Comvita price change compared to its average price change.

About Comvita 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 Comvita Limited 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 Comvita Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Comvita Limited price pattern first instead of the macroeconomic environment surrounding Comvita Limited. By analyzing Comvita'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 Comvita'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 Comvita specific price patterns or momentum indicators. Please read more on our technical analysis page.

Comvita March 28, 2024 Technical Indicators

Most technical analysis of Comvita 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 Comvita from various momentum indicators to cycle indicators. When you analyze Comvita 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comvita Limited. 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 Comvita Limited information on this page should be used as a complementary analysis to other Comvita'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Comvita Pink Sheet analysis

When running Comvita's price analysis, check to measure Comvita'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 Comvita is operating at the current time. Most of Comvita's value examination focuses on studying past and present price action to predict the probability of Comvita's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comvita's price. Additionally, you may evaluate how the addition of Comvita to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Comvita's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comvita is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comvita'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.