Canaf Investments Stock Technical Analysis
| CAFZF Stock | USD 0.21 0.02 8.70% |
As of the 24th of November, Canaf Investments shows the Mean Deviation of 1.8, standard deviation of 7.5, and Risk Adjusted Performance of 0.082. Canaf Investments 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 Canaf Investments variance and skewness to decide if Canaf Investments is priced correctly, providing market reflects its regular price of 0.21 per share. As Canaf Investments appears to be a penny stock we also recommend to validate its information ratio numbers.
Canaf Investments Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canaf, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanafCanaf |
Canaf Investments 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.
Canaf Investments Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Canaf Investments volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Canaf Investments Trend Analysis
Use this graph to draw trend lines for Canaf Investments. You can use it to identify possible trend reversals for Canaf Investments 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 Canaf Investments price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Canaf Investments Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Canaf Investments applied against its price change over selected period. The best fit line has a slop of 0 , which means Canaf Investments will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.16, which is the sum of squared deviations for the predicted Canaf Investments price change compared to its average price change.About Canaf Investments 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 Canaf Investments 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 Canaf Investments based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canaf Investments price pattern first instead of the macroeconomic environment surrounding Canaf Investments. By analyzing Canaf Investments'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 Canaf Investments'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 Canaf Investments specific price patterns or momentum indicators. Please read more on our technical analysis page.
Canaf Investments November 24, 2024 Technical Indicators
Most technical analysis of Canaf 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 Canaf from various momentum indicators to cycle indicators. When you analyze Canaf 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 | 0.082 | |||
| Market Risk Adjusted Performance | (0.45) | |||
| Mean Deviation | 1.8 | |||
| Coefficient Of Variation | 1050.55 | |||
| Standard Deviation | 7.5 | |||
| Variance | 56.3 | |||
| Information Ratio | 0.0778 | |||
| Jensen Alpha | 0.8897 | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.46) | |||
| Maximum Drawdown | 64.17 | |||
| Skewness | 7.79 | |||
| Kurtosis | 62.67 |
Complementary Tools for Canaf Pink Sheet analysis
When running Canaf Investments' price analysis, check to measure Canaf Investments' 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 Canaf Investments is operating at the current time. Most of Canaf Investments' value examination focuses on studying past and present price action to predict the probability of Canaf Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canaf Investments' price. Additionally, you may evaluate how the addition of Canaf Investments to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |