Ci Canadian Banks Etf Technical Analysis
| CIC Etf | CAD 12.28 0.04 0.33% |
As of the 30th of November, CI Canadian owns the Market Risk Adjusted Performance of 1.07, variance of 0.1787, and Standard Deviation of 0.4227. CI Canadian Banks technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices.
CI Canadian Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CIC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CICCIC |
CI Canadian technical etf 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, etf market cycles, or different charting patterns.
CI Canadian Banks Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 CI Canadian Banks volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CI Canadian Banks Trend Analysis
Use this graph to draw trend lines for CI Canadian Banks. You can use it to identify possible trend reversals for CI Canadian 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 CI Canadian price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CI Canadian Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CI Canadian Banks applied against its price change over selected period. The best fit line has a slop of 0.01 , which means CI Canadian Banks will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.82, which is the sum of squared deviations for the predicted CI Canadian price change compared to its average price change.About CI Canadian 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 CI Canadian Banks 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 CI Canadian Banks based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on CI Canadian Banks price pattern first instead of the macroeconomic environment surrounding CI Canadian Banks. By analyzing CI Canadian'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 CI Canadian'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 CI Canadian specific price patterns or momentum indicators. Please read more on our technical analysis page.
CI Canadian November 30, 2024 Technical Indicators
Most technical analysis of CIC 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 CIC from various momentum indicators to cycle indicators. When you analyze CIC 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 | 0.3179 | |||
| Market Risk Adjusted Performance | 1.07 | |||
| Mean Deviation | 0.3409 | |||
| Downside Deviation | 0.3684 | |||
| Coefficient Of Variation | 234.5 | |||
| Standard Deviation | 0.4227 | |||
| Variance | 0.1787 | |||
| Information Ratio | 0.1009 | |||
| Jensen Alpha | 0.1499 | |||
| Total Risk Alpha | 0.0997 | |||
| Sortino Ratio | 0.1158 | |||
| Treynor Ratio | 1.06 | |||
| Maximum Drawdown | 2.27 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.7972 | |||
| Downside Variance | 0.1357 | |||
| Semi Variance | (0.1) | |||
| Expected Short fall | (0.45) | |||
| Skewness | (0.12) | |||
| Kurtosis | 0.2325 |
Other Information on Investing in CIC Etf
CI Canadian financial ratios help investors to determine whether CIC Etf 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 CIC with respect to the benefits of owning CI Canadian security.