Cascades Stock Technical Analysis
| CADNF Stock | USD 8.43 0.10 1.20% |
As of the 29th of November, Cascades shows the Mean Deviation of 1.15, downside deviation of 1.83, and Risk Adjusted Performance of 0.1626. Cascades 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 Cascades treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Cascades is priced correctly, providing market reflects its regular price of 8.43 per share. Given that Cascades has jensen alpha of 0.2715, we suggest you to validate Cascades's prevailing market performance to make sure the company can sustain itself at a future point.
Cascades Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cascades, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CascadesCascades |
Cascades 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.
Cascades Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Cascades volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cascades Trend Analysis
Use this graph to draw trend lines for Cascades. You can use it to identify possible trend reversals for Cascades 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 Cascades price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cascades Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cascades applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Cascades will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.61, which is the sum of squared deviations for the predicted Cascades price change compared to its average price change.About Cascades 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 Cascades 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 Cascades based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cascades price pattern first instead of the macroeconomic environment surrounding Cascades. By analyzing Cascades'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 Cascades'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 Cascades specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cascades November 29, 2024 Technical Indicators
Most technical analysis of Cascades 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 Cascades from various momentum indicators to cycle indicators. When you analyze Cascades 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 | 0.1626 | |||
| Market Risk Adjusted Performance | 0.6055 | |||
| Mean Deviation | 1.15 | |||
| Semi Deviation | 0.8484 | |||
| Downside Deviation | 1.83 | |||
| Coefficient Of Variation | 487.73 | |||
| Standard Deviation | 1.69 | |||
| Variance | 2.86 | |||
| Information Ratio | 0.1309 | |||
| Jensen Alpha | 0.2715 | |||
| Total Risk Alpha | 0.0821 | |||
| Sortino Ratio | 0.1207 | |||
| Treynor Ratio | 0.5955 | |||
| Maximum Drawdown | 8.89 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 4.14 | |||
| Downside Variance | 3.37 | |||
| Semi Variance | 0.7198 | |||
| Expected Short fall | (2.45) | |||
| Skewness | 0.6304 | |||
| Kurtosis | 1.91 |
Complementary Tools for Cascades Pink Sheet analysis
When running Cascades' price analysis, check to measure Cascades' 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 Cascades is operating at the current time. Most of Cascades' value examination focuses on studying past and present price action to predict the probability of Cascades' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cascades' price. Additionally, you may evaluate how the addition of Cascades to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |