Cargojet Stock Technical Analysis
| CGJTF Stock | USD 68.42 0.28 0.41% |
As of the 3rd of March, Cargojet shows the Risk Adjusted Performance of 0.1562, mean deviation of 1.59, and Downside Deviation of 2.03. Cargojet 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 Cargojet treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Cargojet is priced correctly, providing market reflects its regular price of 68.42 per share. Given that Cargojet has jensen alpha of 0.3712, we suggest you to validate Cargojet's prevailing market performance to make sure the company can sustain itself at a future point.
Cargojet Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cargojet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CargojetCargojet |
Cargojet 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cargojet's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cargojet.
| 12/03/2025 |
| 03/03/2026 |
If you would invest 0.00 in Cargojet on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding Cargojet or generate 0.0% return on investment in Cargojet over 90 days. Cargojet Inc. provides time sensitive overnight air cargo services in Canada More
Cargojet Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cargojet's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cargojet upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | 0.1585 | |||
| Maximum Drawdown | 10.59 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 5.06 |
Cargojet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cargojet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cargojet's standard deviation. In reality, there are many statistical measures that can use Cargojet historical prices to predict the future Cargojet's volatility.| Risk Adjusted Performance | 0.1562 | |||
| Jensen Alpha | 0.3712 | |||
| Total Risk Alpha | 0.2135 | |||
| Sortino Ratio | 0.1692 | |||
| Treynor Ratio | 0.6708 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cargojet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cargojet March 3, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1562 | |||
| Market Risk Adjusted Performance | 0.6808 | |||
| Mean Deviation | 1.59 | |||
| Semi Deviation | 1.4 | |||
| Downside Deviation | 2.03 | |||
| Coefficient Of Variation | 510.81 | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.72 | |||
| Information Ratio | 0.1585 | |||
| Jensen Alpha | 0.3712 | |||
| Total Risk Alpha | 0.2135 | |||
| Sortino Ratio | 0.1692 | |||
| Treynor Ratio | 0.6708 | |||
| Maximum Drawdown | 10.59 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 5.06 | |||
| Downside Variance | 4.14 | |||
| Semi Variance | 1.97 | |||
| Expected Short fall | (1.93) | |||
| Skewness | 0.5318 | |||
| Kurtosis | 0.7707 |
Cargojet Backtested Returns
Cargojet appears to be very steady, given 3 months investment horizon. Cargojet secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Cargojet, which you can use to evaluate the volatility of the firm. Please makes use of Cargojet's Risk Adjusted Performance of 0.1562, mean deviation of 1.59, and Downside Deviation of 2.03 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cargojet holds a performance score of 11. The firm shows a Beta (market volatility) of 0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cargojet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cargojet is expected to be smaller as well. Please check Cargojet's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Cargojet's price patterns will revert.
Auto-correlation | 0.40 |
Average predictability
Cargojet has average predictability. Overlapping area represents the amount of predictability between Cargojet time series from 3rd of December 2025 to 17th of January 2026 and 17th of January 2026 to 3rd of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cargojet price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Cargojet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 2.83 |
Cargojet 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.
Cargojet Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Normalized Average True Range is used to analyze tradable apportunities for Cargojet across different markets.
About Cargojet 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 Cargojet 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 Cargojet based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cargojet price pattern first instead of the macroeconomic environment surrounding Cargojet. By analyzing Cargojet'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 Cargojet'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 Cargojet specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cargojet March 3, 2026 Technical Indicators
Most technical analysis of Cargojet 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 Cargojet from various momentum indicators to cycle indicators. When you analyze Cargojet 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 | 0.1562 | |||
| Market Risk Adjusted Performance | 0.6808 | |||
| Mean Deviation | 1.59 | |||
| Semi Deviation | 1.4 | |||
| Downside Deviation | 2.03 | |||
| Coefficient Of Variation | 510.81 | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.72 | |||
| Information Ratio | 0.1585 | |||
| Jensen Alpha | 0.3712 | |||
| Total Risk Alpha | 0.2135 | |||
| Sortino Ratio | 0.1692 | |||
| Treynor Ratio | 0.6708 | |||
| Maximum Drawdown | 10.59 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 5.06 | |||
| Downside Variance | 4.14 | |||
| Semi Variance | 1.97 | |||
| Expected Short fall | (1.93) | |||
| Skewness | 0.5318 | |||
| Kurtosis | 0.7707 |
Cargojet March 3, 2026 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 Cargojet 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 | 114.17 | ||
| Daily Balance Of Power | (0.12) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 67.24 | ||
| Day Typical Price | 67.63 | ||
| Price Action Indicator | 1.05 | ||
| Market Facilitation Index | 0.0007 |
Complementary Tools for Cargojet Pink Sheet analysis
When running Cargojet's price analysis, check to measure Cargojet'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 Cargojet is operating at the current time. Most of Cargojet's value examination focuses on studying past and present price action to predict the probability of Cargojet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cargojet's price. Additionally, you may evaluate how the addition of Cargojet to your portfolios can decrease your overall portfolio volatility.
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