Contango Holdings (UK) Technical Analysis
CGO Stock | 1.30 0.00 0.00% |
As of the 28th of November, Contango Holdings shows the Risk Adjusted Performance of 0.0344, mean deviation of 0.9416, and Standard Deviation of 2.47. Contango Holdings PLC 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 Contango Holdings PLC treynor ratio, as well as the relationship between the value at risk and skewness to decide if Contango Holdings PLC is priced correctly, providing market reflects its regular price of 1.3 per share.
Contango Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Contango, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ContangoContango |
Contango Holdings 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.
Contango Holdings PLC Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Contango Holdings PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Contango Holdings PLC Trend Analysis
Use this graph to draw trend lines for Contango Holdings PLC. You can use it to identify possible trend reversals for Contango Holdings 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 Contango Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Contango Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Contango Holdings PLC applied against its price change over selected period. The best fit line has a slop of 0 , which means Contango Holdings PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.31, which is the sum of squared deviations for the predicted Contango Holdings price change compared to its average price change.About Contango Holdings 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 Contango Holdings PLC 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 Contango Holdings PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Contango Holdings PLC price pattern first instead of the macroeconomic environment surrounding Contango Holdings PLC. By analyzing Contango Holdings'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 Contango Holdings'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 Contango Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
Contango Holdings November 28, 2024 Technical Indicators
Most technical analysis of Contango 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 Contango from various momentum indicators to cycle indicators. When you analyze Contango 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 | 0.0344 | |||
Market Risk Adjusted Performance | (0.34) | |||
Mean Deviation | 0.9416 | |||
Coefficient Of Variation | 2784.29 | |||
Standard Deviation | 2.47 | |||
Variance | 6.12 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | 0.1057 | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (0.35) | |||
Maximum Drawdown | 13.04 | |||
Value At Risk | (4.35) | |||
Potential Upside | 4.55 | |||
Skewness | 1.73 | |||
Kurtosis | 13.03 |
Complementary Tools for Contango Stock analysis
When running Contango Holdings' price analysis, check to measure Contango Holdings' 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 Contango Holdings is operating at the current time. Most of Contango Holdings' value examination focuses on studying past and present price action to predict the probability of Contango Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Contango Holdings' price. Additionally, you may evaluate how the addition of Contango Holdings to your portfolios can decrease your overall portfolio volatility.
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