As of the 23rd of January, Cargojet shows the Mean Deviation of 1.66, risk adjusted performance of 0.0766, and Downside Deviation of 2.9. 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.
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 Cargojet
Cargojet
Cargojet's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Please note, there is a significant difference between Cargojet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cargojet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cargojet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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 stock 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.
0.00
10/25/2025
No Change 0.00
0.0
In 2 months and 31 days
01/23/2026
0.00
If you would invest 0.00 in Cargojet on October 25, 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 is related to or competes with Mullen, Transcontinental, Ballard Power, Westshore Terminals, Magellan Aerospace, Black Diamond, and Bird Construction. 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 stock 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.
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.
Cargojet appears to be very steady, given 3 months investment horizon. Cargojet secures Sharpe Ratio (or Efficiency) of 0.0834, which signifies that the company had a 0.0834 % return per unit of risk over the last 3 months. We have found twenty-nine 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 0.0766, downside deviation of 2.9, and Mean Deviation of 1.66 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 6. The firm shows a Beta (market volatility) of 0.0629, which signifies not very significant fluctuations relative to the market. 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, relative strength index, 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
-0.04
Very weak reverse predictability
Cargojet has very weak reverse predictability. Overlapping area represents the amount of predictability between Cargojet time series from 25th of October 2025 to 9th of December 2025 and 9th of December 2025 to 23rd of January 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 -0.04 indicates that only as little as 4.0% of current Cargojet price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.04
Spearman Rank Test
-0.07
Residual Average
0.0
Price Variance
31.37
Cargojet 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.
A focus of Cargojet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cargojet trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...
Cargojet Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Cargojet volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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.
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.
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.
Cargojet financial ratios help investors to determine whether Cargojet 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 Cargojet with respect to the benefits of owning Cargojet security.