Conduit Pharmaceuticals Stock Technical Analysis
| CDTTW Stock | 0.02 0.01 43.62% |
As of the 26th of November, Conduit Pharmaceuticals shows the Downside Deviation of 25.34, mean deviation of 25.3, and Risk Adjusted Performance of 0.0747. Conduit Pharmaceuticals 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 Conduit Pharmaceuticals coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Conduit Pharmaceuticals is priced correctly, providing market reflects its regular price of 0.0214 per share. As Conduit Pharmaceuticals appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Conduit Pharmaceuticals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Conduit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ConduitConduit |
Conduit Pharmaceuticals 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.
Conduit Pharmaceuticals Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Conduit Pharmaceuticals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Conduit Pharmaceuticals Trend Analysis
Use this graph to draw trend lines for Conduit Pharmaceuticals. You can use it to identify possible trend reversals for Conduit Pharmaceuticals 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 Conduit Pharmaceuticals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Conduit Pharmaceuticals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Conduit Pharmaceuticals applied against its price change over selected period. The best fit line has a slop of 0.0004 , which may suggest that Conduit Pharmaceuticals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Conduit Pharmaceuticals price change compared to its average price change.About Conduit Pharmaceuticals 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 Conduit Pharmaceuticals 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 Conduit Pharmaceuticals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Conduit Pharmaceuticals price pattern first instead of the macroeconomic environment surrounding Conduit Pharmaceuticals. By analyzing Conduit Pharmaceuticals'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 Conduit Pharmaceuticals'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 Conduit Pharmaceuticals specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2010 | 2022 | 2023 | 2024 (projected) | ROE | 0.62 | 0.49 | 1.17 | 0.61 | Income Quality | 0.59 | 0.46 | 14.44 | 15.16 |
Conduit Pharmaceuticals November 26, 2024 Technical Indicators
Most technical analysis of Conduit 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 Conduit from various momentum indicators to cycle indicators. When you analyze Conduit 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 | 0.0747 | |||
| Market Risk Adjusted Performance | (1.60) | |||
| Mean Deviation | 25.3 | |||
| Semi Deviation | 22.8 | |||
| Downside Deviation | 25.34 | |||
| Coefficient Of Variation | 1180.65 | |||
| Standard Deviation | 34.52 | |||
| Variance | 1191.78 | |||
| Information Ratio | 0.0809 | |||
| Jensen Alpha | 3.13 | |||
| Total Risk Alpha | (2.52) | |||
| Sortino Ratio | 0.1102 | |||
| Treynor Ratio | (1.61) | |||
| Maximum Drawdown | 157.5 | |||
| Value At Risk | (42.41) | |||
| Potential Upside | 73.08 | |||
| Downside Variance | 641.97 | |||
| Semi Variance | 519.66 | |||
| Expected Short fall | (36.12) | |||
| Skewness | 0.9358 | |||
| Kurtosis | 0.4723 |
Conduit Pharmaceuticals November 26, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Conduit stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 2,101 | ||
| Daily Balance Of Power | 3.82 | ||
| Rate Of Daily Change | 1.44 | ||
| Day Median Price | 0.02 | ||
| Day Typical Price | 0.02 | ||
| Price Action Indicator | 0.00 |
Additional Tools for Conduit Stock Analysis
When running Conduit Pharmaceuticals' price analysis, check to measure Conduit Pharmaceuticals' 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 Conduit Pharmaceuticals is operating at the current time. Most of Conduit Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Conduit Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conduit Pharmaceuticals' price. Additionally, you may evaluate how the addition of Conduit Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.