CAL MAINE (Germany) Technical Analysis
CM2 Stock | EUR 90.88 1.62 1.81% |
As of the 23rd of November, CAL MAINE shows the Coefficient Of Variation of 320.62, downside deviation of 1.42, and Mean Deviation of 1.34. CAL MAINE FOODS 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 entity's future prices. Please confirm CAL MAINE FOODS variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if CAL MAINE FOODS is priced adequately, providing market reflects its regular price of 90.88 per share.
CAL MAINE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CAL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CALCAL |
CAL MAINE 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.
CAL MAINE FOODS Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 CAL MAINE FOODS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CAL MAINE FOODS Trend Analysis
Use this graph to draw trend lines for CAL MAINE FOODS. You can use it to identify possible trend reversals for CAL MAINE 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 CAL MAINE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CAL MAINE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CAL MAINE FOODS applied against its price change over selected period. The best fit line has a slop of 0.54 , which means CAL MAINE FOODS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10947.76, which is the sum of squared deviations for the predicted CAL MAINE price change compared to its average price change.About CAL MAINE 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 CAL MAINE FOODS 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 CAL MAINE FOODS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CAL MAINE FOODS price pattern first instead of the macroeconomic environment surrounding CAL MAINE FOODS. By analyzing CAL MAINE'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 CAL MAINE'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 CAL MAINE specific price patterns or momentum indicators. Please read more on our technical analysis page.
CAL MAINE November 23, 2024 Technical Indicators
Most technical analysis of CAL 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 CAL from various momentum indicators to cycle indicators. When you analyze CAL 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 | 0.2449 | |||
Market Risk Adjusted Performance | 0.7971 | |||
Mean Deviation | 1.34 | |||
Semi Deviation | 0.8882 | |||
Downside Deviation | 1.42 | |||
Coefficient Of Variation | 320.62 | |||
Standard Deviation | 1.8 | |||
Variance | 3.22 | |||
Information Ratio | 0.2391 | |||
Jensen Alpha | 0.4657 | |||
Total Risk Alpha | 0.2673 | |||
Sortino Ratio | 0.3021 | |||
Treynor Ratio | 0.7871 | |||
Maximum Drawdown | 8.57 | |||
Value At Risk | (1.88) | |||
Potential Upside | 3.5 | |||
Downside Variance | 2.02 | |||
Semi Variance | 0.789 | |||
Expected Short fall | (1.61) | |||
Skewness | 0.7216 | |||
Kurtosis | 0.994 |
Complementary Tools for CAL Stock analysis
When running CAL MAINE's price analysis, check to measure CAL MAINE'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 CAL MAINE is operating at the current time. Most of CAL MAINE's value examination focuses on studying past and present price action to predict the probability of CAL MAINE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CAL MAINE's price. Additionally, you may evaluate how the addition of CAL MAINE to your portfolios can decrease your overall portfolio volatility.
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