Cathay Pacific Airways Stock Technical Analysis
CPCAFDelisted Stock | USD 0.91 0.00 0.00% |
As of the 23rd of November, Cathay Pacific shows the Risk Adjusted Performance of (0.08), standard deviation of 0.9533, and Mean Deviation of 0.3398. Cathay Pacific Airways 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 Cathay Pacific Airways coefficient of variation and the relationship between the variance and skewness to decide if Cathay Pacific Airways is priced correctly, providing market reflects its regular price of 0.91 per share. Given that Cathay Pacific is a hitting penny stock territory we recommend to closely look at its information ratio.
Cathay Pacific Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cathay, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CathayCathay |
Cathay Pacific 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.
Cathay Pacific Airways Technical Analysis
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Cathay Pacific Airways Trend Analysis
Use this graph to draw trend lines for Cathay Pacific Airways. You can use it to identify possible trend reversals for Cathay Pacific 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 Cathay Pacific price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cathay Pacific Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cathay Pacific Airways applied against its price change over selected period. The best fit line has a slop of 0.0017 , which may suggest that Cathay Pacific Airways market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.12, which is the sum of squared deviations for the predicted Cathay Pacific price change compared to its average price change.About Cathay Pacific 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 Cathay Pacific Airways 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 Cathay Pacific Airways based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cathay Pacific Airways price pattern first instead of the macroeconomic environment surrounding Cathay Pacific Airways. By analyzing Cathay Pacific'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 Cathay Pacific'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 Cathay Pacific specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cathay Pacific November 23, 2024 Technical Indicators
Most technical analysis of Cathay 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 Cathay from various momentum indicators to cycle indicators. When you analyze Cathay 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 | (0.08) | |||
Market Risk Adjusted Performance | (0.48) | |||
Mean Deviation | 0.3398 | |||
Coefficient Of Variation | (885.48) | |||
Standard Deviation | 0.9533 | |||
Variance | 0.9089 | |||
Information Ratio | (0.23) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.49) | |||
Maximum Drawdown | 6.23 | |||
Skewness | (2.66) | |||
Kurtosis | 17.44 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Cathay Pink Sheet
If you are still planning to invest in Cathay Pacific Airways check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cathay Pacific's history and understand the potential risks before investing.
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