Corteva (Germany) Technical Analysis
2X0 Stock | EUR 58.53 1.97 3.26% |
As of the 29th of November, Corteva shows the Downside Deviation of 3.08, risk adjusted performance of 0.0844, and Mean Deviation of 1.98. Corteva 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 Corteva variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Corteva is priced correctly, providing market reflects its regular price of 58.53 per share.
Corteva Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Corteva, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CortevaCorteva |
Corteva 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.
Corteva Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Corteva volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Corteva Trend Analysis
Use this graph to draw trend lines for Corteva. You can use it to identify possible trend reversals for Corteva 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 Corteva price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Corteva Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Corteva applied against its price change over selected period. The best fit line has a slop of 0.14 , which means Corteva will continue generating value for investors. It has 122 observation points and a regression sum of squares at 699.24, which is the sum of squared deviations for the predicted Corteva price change compared to its average price change.About Corteva 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 Corteva 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 Corteva based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Corteva price pattern first instead of the macroeconomic environment surrounding Corteva. By analyzing Corteva'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 Corteva'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 Corteva specific price patterns or momentum indicators. Please read more on our technical analysis page.
Corteva November 29, 2024 Technical Indicators
Most technical analysis of Corteva 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 Corteva from various momentum indicators to cycle indicators. When you analyze Corteva 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 | 0.0844 | |||
Market Risk Adjusted Performance | (0.48) | |||
Mean Deviation | 1.98 | |||
Semi Deviation | 2.61 | |||
Downside Deviation | 3.08 | |||
Coefficient Of Variation | 994.34 | |||
Standard Deviation | 2.89 | |||
Variance | 8.36 | |||
Information Ratio | 0.0572 | |||
Jensen Alpha | 0.3471 | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | 0.0537 | |||
Treynor Ratio | (0.49) | |||
Maximum Drawdown | 17.8 | |||
Value At Risk | (3.26) | |||
Potential Upside | 5.15 | |||
Downside Variance | 9.5 | |||
Semi Variance | 6.83 | |||
Expected Short fall | (2.47) | |||
Skewness | (0.82) | |||
Kurtosis | 5.55 |
Complementary Tools for Corteva Stock analysis
When running Corteva's price analysis, check to measure Corteva'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 Corteva is operating at the current time. Most of Corteva's value examination focuses on studying past and present price action to predict the probability of Corteva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corteva's price. Additionally, you may evaluate how the addition of Corteva to your portfolios can decrease your overall portfolio volatility.
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