Canadian Natural (Germany) Technical Analysis
CRC Stock | EUR 32.89 0.98 3.07% |
As of the 25th of November, Canadian Natural shows the Mean Deviation of 1.34, risk adjusted performance of 0.0365, and Downside Deviation of 1.71. Canadian Natural Res 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 Canadian Natural Res standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Canadian Natural Res is priced correctly, providing market reflects its regular price of 32.89 per share.
Canadian Natural Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canadian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanadianCanadian |
Canadian Natural 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.
Canadian Natural Res 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 Canadian Natural Res volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Canadian Natural Res Trend Analysis
Use this graph to draw trend lines for Canadian Natural Resources. You can use it to identify possible trend reversals for Canadian Natural 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 Canadian Natural price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Canadian Natural Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Canadian Natural Resources applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Canadian Natural Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 71.53, which is the sum of squared deviations for the predicted Canadian Natural price change compared to its average price change.About Canadian Natural 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 Canadian Natural Resources 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 Canadian Natural Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canadian Natural Res price pattern first instead of the macroeconomic environment surrounding Canadian Natural Res. By analyzing Canadian Natural'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 Canadian Natural'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 Canadian Natural specific price patterns or momentum indicators. Please read more on our technical analysis page.
Canadian Natural November 25, 2024 Technical Indicators
Most technical analysis of Canadian 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 Canadian from various momentum indicators to cycle indicators. When you analyze Canadian 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 | 0.0365 | |||
Market Risk Adjusted Performance | 0.1413 | |||
Mean Deviation | 1.34 | |||
Semi Deviation | 1.58 | |||
Downside Deviation | 1.71 | |||
Coefficient Of Variation | 2460.72 | |||
Standard Deviation | 1.64 | |||
Variance | 2.7 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | 0.0046 | |||
Total Risk Alpha | (0.20) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.1313 | |||
Maximum Drawdown | 6.81 | |||
Value At Risk | (2.95) | |||
Potential Upside | 2.48 | |||
Downside Variance | 2.92 | |||
Semi Variance | 2.5 | |||
Expected Short fall | (1.37) | |||
Skewness | (0.10) | |||
Kurtosis | (0.39) |
Complementary Tools for Canadian Stock analysis
When running Canadian Natural's price analysis, check to measure Canadian Natural'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 Canadian Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.
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