The Connecticut Light Stock Technical Analysis
| CNLPM Stock | USD 33.31 0.05 0.15% |
As of the 27th of November, Connecticut Light shows the Semi Deviation of 0.9839, mean deviation of 0.4806, and Risk Adjusted Performance of 0.0167. Connecticut Light 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. Please confirm Connecticut Light standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Connecticut Light is priced correctly, providing market reflects its regular price of 33.31 per share. Given that Connecticut Light has jensen alpha of 0.0755, we suggest you to validate The Connecticut Light's prevailing market performance to make sure the company can sustain itself at a future point.
Connecticut Light Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Connecticut, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ConnecticutConnecticut |
Connecticut Light technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Connecticut Light Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-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 Connecticut Light volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Connecticut Light Trend Analysis
Use this graph to draw trend lines for The Connecticut Light. You can use it to identify possible trend reversals for Connecticut Light 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 Connecticut Light price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Connecticut Light Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The Connecticut Light applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that The Connecticut Light market price will keep on failing further. It has 122 observation points and a regression sum of squares at 22.38, which is the sum of squared deviations for the predicted Connecticut Light price change compared to its average price change.About Connecticut Light 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 The Connecticut Light 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 The Connecticut Light based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Connecticut Light price pattern first instead of the macroeconomic environment surrounding Connecticut Light. By analyzing Connecticut Light'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 Connecticut Light'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 Connecticut Light specific price patterns or momentum indicators. Please read more on our technical analysis page.
Connecticut Light November 27, 2024 Technical Indicators
Most technical analysis of Connecticut 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 Connecticut from various momentum indicators to cycle indicators. When you analyze Connecticut 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0167 | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 0.4806 | |||
| Semi Deviation | 0.9839 | |||
| Downside Deviation | 2.61 | |||
| Coefficient Of Variation | 5952.45 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.55 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | 0.0755 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 11.37 | |||
| Value At Risk | (0.74) | |||
| Potential Upside | 1.47 | |||
| Downside Variance | 6.8 | |||
| Semi Variance | 0.9681 | |||
| Expected Short fall | (1.61) | |||
| Skewness | (0.44) | |||
| Kurtosis | 13.45 |
Other Information on Investing in Connecticut Pink Sheet
Connecticut Light financial ratios help investors to determine whether Connecticut Pink Sheet 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 Connecticut with respect to the benefits of owning Connecticut Light security.