Canadian Banc Corp Preferred Stock Technical Analysis
BK-PA Preferred Stock | CAD 10.08 0.04 0.40% |
As of the 20th of April, Canadian Banc shows the Risk Adjusted Performance of 0.1683, coefficient of variation of 330.84, and Mean Deviation of 0.1801. Canadian Banc Corp 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 eighteen technical drivers for Canadian Banc Corp, which can be compared to its peers. Please confirm Canadian Banc Corp value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Canadian Banc Corp is priced correctly, providing market reflects its regular price of 10.08 per share.
Canadian Banc Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canadian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanadianCanadian |
Canadian Banc 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.
Canadian Banc Corp 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 Canadian Banc Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Canadian Banc Corp Trend Analysis
Use this graph to draw trend lines for Canadian Banc Corp. You can use it to identify possible trend reversals for Canadian Banc 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 Canadian Banc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Canadian Banc Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Canadian Banc Corp applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Canadian Banc Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.39, which is the sum of squared deviations for the predicted Canadian Banc price change compared to its average price change.About Canadian Banc 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 Canadian Banc Corp 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 Canadian Banc Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canadian Banc Corp price pattern first instead of the macroeconomic environment surrounding Canadian Banc Corp. By analyzing Canadian Banc'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 Canadian Banc'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 Canadian Banc specific price patterns or momentum indicators. Please read more on our technical analysis page.
Canadian Banc April 20, 2024 Technical Indicators
Most technical analysis of Canadian 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 Canadian from various momentum indicators to cycle indicators. When you analyze Canadian 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 | 0.1683 | |||
Market Risk Adjusted Performance | 1.17 | |||
Mean Deviation | 0.1801 | |||
Downside Deviation | 0.2187 | |||
Coefficient Of Variation | 330.84 | |||
Standard Deviation | 0.2299 | |||
Variance | 0.0528 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | 0.0556 | |||
Total Risk Alpha | 0.0312 | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 1.16 | |||
Maximum Drawdown | 1.1 | |||
Value At Risk | (0.30) | |||
Potential Upside | 0.4936 | |||
Downside Variance | 0.0478 | |||
Semi Variance | (0.04) | |||
Expected Short fall | (0.24) | |||
Skewness | (0.06) | |||
Kurtosis | 0.146 |
Canadian Banc April 20, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Canadian stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 42.01 | ||
Daily Balance Of Power | 2.00 | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 10.07 | ||
Day Typical Price | 10.07 | ||
Price Action Indicator | 0.03 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Banc Corp. 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 Canadian Banc Corp information on this page should be used as a complementary analysis to other Canadian Banc'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Canadian Preferred Stock analysis
When running Canadian Banc's price analysis, check to measure Canadian Banc'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 Canadian Banc is operating at the current time. Most of Canadian Banc's value examination focuses on studying past and present price action to predict the probability of Canadian Banc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Banc's price. Additionally, you may evaluate how the addition of Canadian Banc to your portfolios can decrease your overall portfolio volatility.
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