Cummins Stock Technical Analysis

Most Cummins analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cummins stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cummins, talking to its executives and customers, or listening to Cummins conference calls.

Cummins appears to be very steady, given 3 months investment horizon. Cummins secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cummins, which you can use to evaluate the volatility of the firm. Please makes use of Cummins' Risk Adjusted Performance of 0.1469, downside deviation of 2.55, and Mean Deviation of 1.52 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cummins holds a performance score of 10. The firm shows a Beta (market volatility) of 1.86, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cummins will likely underperform. Please check Cummins' total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Cummins' price patterns will revert.