Cogeco Inc Stock Technical Analysis
| CGO Stock | CAD 60.04 0.06 0.10% |
As of the 25th of November, Cogeco shows the Risk Adjusted Performance of 0.116, mean deviation of 0.9287, and Downside Deviation of 1.13. Cogeco Inc 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.
Cogeco Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cogeco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CogecoCogeco |
Cogeco 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.
Cogeco Inc 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 Cogeco Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cogeco Inc Trend Analysis
Use this graph to draw trend lines for Cogeco Inc. You can use it to identify possible trend reversals for Cogeco 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 Cogeco price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cogeco Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cogeco Inc applied against its price change over selected period. The best fit line has a slop of 0.14 , which means Cogeco Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 774.02, which is the sum of squared deviations for the predicted Cogeco price change compared to its average price change.About Cogeco 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 Cogeco Inc 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 Cogeco Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cogeco Inc price pattern first instead of the macroeconomic environment surrounding Cogeco Inc. By analyzing Cogeco'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 Cogeco'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 Cogeco specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0396 | 0.058 | 0.0618 | 0.0649 | Price To Sales Ratio | 0.33 | 0.25 | 0.2 | 0.19 |
Cogeco November 25, 2024 Technical Indicators
Most technical analysis of Cogeco 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 Cogeco from various momentum indicators to cycle indicators. When you analyze Cogeco 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 | 0.116 | |||
| Market Risk Adjusted Performance | (2.98) | |||
| Mean Deviation | 0.9287 | |||
| Semi Deviation | 0.8816 | |||
| Downside Deviation | 1.13 | |||
| Coefficient Of Variation | 682.65 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.44 | |||
| Information Ratio | 0.0377 | |||
| Jensen Alpha | 0.1727 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0399 | |||
| Treynor Ratio | (2.99) | |||
| Maximum Drawdown | 4.88 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 2.27 | |||
| Downside Variance | 1.29 | |||
| Semi Variance | 0.7772 | |||
| Expected Short fall | (1.07) | |||
| Skewness | 0.2565 | |||
| Kurtosis | (0.34) |
Other Information on Investing in Cogeco Stock
Cogeco financial ratios help investors to determine whether Cogeco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cogeco with respect to the benefits of owning Cogeco security.