Cna Financial Stock Technical Analysis
CNA Stock | USD 43.60 0.36 0.83% |
As of the 29th of April, CNA Financial owns the market risk adjusted performance of (0.20), and Variance of 2.11. CNA Financial technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for CNA Financial, which can be compared to its peers in the sector. Please confirm CNA Financial information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if CNA Financial is priced correctly, providing market reflects its prevailing price of 43.6 per share. Given that CNA Financial has information ratio of (0.08), we suggest you to validate CNA Financial's latest market performance to make sure the company can sustain itself in the future.
CNA Financial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CNA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CNACNA |
CNA Financial Analyst Consensus
Target Price | Advice | # of Analysts | |
42.0 | Hold | 3 | Odds |
Most CNA 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 CNA stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CNA Financial, talking to its executives and customers, or listening to CNA conference calls.
CNA Financial 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.
CNA Financial Technical Analysis
The output start index for this execution was fourty with a total number of output elements of twenty-one. 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 CNA Financial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CNA Financial Trend Analysis
Use this graph to draw trend lines for CNA Financial. You can use it to identify possible trend reversals for CNA Financial 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 CNA Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CNA Financial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CNA Financial applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in CNA Financial will continue to fail. It has 122 observation points and a regression sum of squares at 22.65, which is the sum of squared deviations for the predicted CNA Financial price change compared to its average price change.About CNA Financial 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 CNA Financial 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 CNA Financial based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CNA Financial price pattern first instead of the macroeconomic environment surrounding CNA Financial. By analyzing CNA Financial'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 CNA Financial'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 CNA Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
2020 | 2022 | 2024 (projected) | Dividend Yield | 0.0898 | 0.0855 | 0.072 | Price To Sales Ratio | 0.89 | 0.97 | 0.61 |
CNA Financial April 29, 2024 Technical Indicators
Most technical analysis of CNA 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 CNA from various momentum indicators to cycle indicators. When you analyze CNA 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) | |||
Market Risk Adjusted Performance | (0.20) | |||
Mean Deviation | 0.934 | |||
Coefficient Of Variation | (7,054) | |||
Standard Deviation | 1.45 | |||
Variance | 2.11 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (0.21) | |||
Maximum Drawdown | 12.05 | |||
Value At Risk | (1.97) | |||
Potential Upside | 1.36 | |||
Skewness | 1.27 | |||
Kurtosis | 9.74 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNA Financial. 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. For information on how to trade CNA Stock refer to our How to Trade CNA Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for CNA Stock analysis
When running CNA Financial's price analysis, check to measure CNA Financial'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 CNA Financial is operating at the current time. Most of CNA Financial's value examination focuses on studying past and present price action to predict the probability of CNA Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNA Financial's price. Additionally, you may evaluate how the addition of CNA Financial to your portfolios can decrease your overall portfolio volatility.
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Is CNA Financial's industry 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 CNA Financial. If investors know CNA 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 CNA Financial 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 0.532 | Dividend Share 1.68 | Earnings Share 4.43 | Revenue Per Share 49.02 | Quarterly Revenue Growth 0.127 |
The market value of CNA Financial is measured differently than its book value, which is the value of CNA that is recorded on the company's balance sheet. Investors also form their own opinion of CNA Financial's value that differs from its market value or its book value, called intrinsic value, which is CNA Financial'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 CNA Financial's market value can be influenced by many factors that don't directly affect CNA Financial'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 CNA Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNA Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNA Financial'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.