Cardio Diagnostics Holdings Stock Technical Analysis
| CDIOW Stock | USD 0.04 0.0001 0.24% |
As of the 23rd of November, Cardio Diagnostics shows the Downside Deviation of 16.54, risk adjusted performance of 0.0395, and Mean Deviation of 11.94. Cardio Diagnostics 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 Cardio Diagnostics standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Cardio Diagnostics is priced correctly, providing market reflects its regular price of 0.041 per share. As Cardio Diagnostics appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Cardio Diagnostics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cardio, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CardioCardio |
Cardio Diagnostics 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.
Cardio Diagnostics 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 Cardio Diagnostics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cardio Diagnostics Trend Analysis
Use this graph to draw trend lines for Cardio Diagnostics Holdings. You can use it to identify possible trend reversals for Cardio Diagnostics 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 Cardio Diagnostics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cardio Diagnostics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cardio Diagnostics Holdings applied against its price change over selected period. The best fit line has a slop of 0.000073 , which means Cardio Diagnostics Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Cardio Diagnostics price change compared to its average price change.About Cardio Diagnostics 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 Cardio Diagnostics Holdings 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 Cardio Diagnostics Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cardio Diagnostics price pattern first instead of the macroeconomic environment surrounding Cardio Diagnostics. By analyzing Cardio Diagnostics'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 Cardio Diagnostics'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 Cardio Diagnostics specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Days Sales Outstanding | 95.48 | 84.87 | PTB Ratio | 10.68 | 10.14 |
Cardio Diagnostics November 23, 2024 Technical Indicators
Most technical analysis of Cardio 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 Cardio from various momentum indicators to cycle indicators. When you analyze Cardio 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.
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| Risk Adjusted Performance | 0.0395 | |||
| Market Risk Adjusted Performance | 0.1922 | |||
| Mean Deviation | 11.94 | |||
| Semi Deviation | 13.4 | |||
| Downside Deviation | 16.54 | |||
| Coefficient Of Variation | 2545.89 | |||
| Standard Deviation | 17.71 | |||
| Variance | 313.8 | |||
| Information Ratio | 0.0331 | |||
| Jensen Alpha | 0.3114 | |||
| Total Risk Alpha | (1.62) | |||
| Sortino Ratio | 0.0355 | |||
| Treynor Ratio | 0.1822 | |||
| Maximum Drawdown | 76.02 | |||
| Value At Risk | (27.14) | |||
| Potential Upside | 32.01 | |||
| Downside Variance | 273.48 | |||
| Semi Variance | 179.54 | |||
| Expected Short fall | (17.80) | |||
| Skewness | 0.637 | |||
| Kurtosis | 1.22 |
Additional Tools for Cardio Stock Analysis
When running Cardio Diagnostics' price analysis, check to measure Cardio Diagnostics' 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 Cardio Diagnostics is operating at the current time. Most of Cardio Diagnostics' value examination focuses on studying past and present price action to predict the probability of Cardio Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardio Diagnostics' price. Additionally, you may evaluate how the addition of Cardio Diagnostics to your portfolios can decrease your overall portfolio volatility.