Cal Maine Foods Stock Technical Analysis
| CALM Stock | USD 93.97 3.54 3.91% |
As of the 19th of November, Cal Maine shows the Downside Deviation of 1.4, mean deviation of 1.24, and Risk Adjusted Performance of 0.2098. Cal Maine Foods 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 Cal Maine Foods information ratio, as well as the relationship between the value at risk and expected short fall to decide if Cal Maine Foods is priced correctly, providing market reflects its regular price of 93.97 per share. Given that Cal Maine has jensen alpha of 0.4038, we suggest you to validate Cal Maine Foods's prevailing market performance to make sure the company can sustain itself at a future point.
Cal Maine Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CalCal |
Cal Maine Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 49.5 | Buy | 2 | Odds |
Most Cal analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cal stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cal Maine Foods, talking to its executives and customers, or listening to Cal conference calls.
Cal Maine 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.
Cal Maine Foods Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Cal Maine Foods volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cal Maine Foods Trend Analysis
Use this graph to draw trend lines for Cal Maine Foods. You can use it to identify possible trend reversals for Cal Maine 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 Cal Maine price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cal Maine Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cal Maine Foods applied against its price change over selected period. The best fit line has a slop of 0.49 , which means Cal Maine Foods will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9106.0, which is the sum of squared deviations for the predicted Cal Maine price change compared to its average price change.About Cal Maine 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 Cal Maine Foods 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 Cal Maine Foods based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cal Maine Foods price pattern first instead of the macroeconomic environment surrounding Cal Maine Foods. By analyzing Cal Maine'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 Cal Maine'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 Cal Maine specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2011 | 2013 | 2019 | 2024 (projected) | Dividend Yield | 0.0284 | 0.0232 | 0.0306 | 0.0146 | Price To Sales Ratio | 0.83 | 1.32 | 1.29 | 1.16 |
Cal Maine November 19, 2024 Technical Indicators
Most technical analysis of Cal 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 Cal from various momentum indicators to cycle indicators. When you analyze Cal 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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| Volume Indicators |
| Risk Adjusted Performance | 0.2098 | |||
| Market Risk Adjusted Performance | 0.8549 | |||
| Mean Deviation | 1.24 | |||
| Semi Deviation | 0.8178 | |||
| Downside Deviation | 1.4 | |||
| Coefficient Of Variation | 369.44 | |||
| Standard Deviation | 1.71 | |||
| Variance | 2.92 | |||
| Information Ratio | 0.2114 | |||
| Jensen Alpha | 0.4038 | |||
| Total Risk Alpha | 0.2459 | |||
| Sortino Ratio | 0.2589 | |||
| Treynor Ratio | 0.8449 | |||
| Maximum Drawdown | 9.06 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 3.33 | |||
| Downside Variance | 1.95 | |||
| Semi Variance | 0.6688 | |||
| Expected Short fall | (1.36) | |||
| Skewness | 0.8625 | |||
| Kurtosis | 1.95 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cal Maine. If investors know Cal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cal Maine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 159.9 | Dividend Share 2.902 | Earnings Share 8.73 | Revenue Per Share 54.437 | Quarterly Revenue Growth 0.711 |
The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine'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.