Commerzbank Ag Stock Technical Analysis
CRZBF Stock | USD 18.00 0.00 0.00% |
As of the 27th of November, Commerzbank shows the Standard Deviation of 2.52, mean deviation of 1.07, and Risk Adjusted Performance of 0.143. Commerzbank AG 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 Commerzbank AG standard deviation and maximum drawdown to decide if Commerzbank AG is priced correctly, providing market reflects its regular price of 18.0 per share. Given that Commerzbank has total risk alpha of 0.0416, we suggest you to validate Commerzbank AG's prevailing market performance to make sure the company can sustain itself at a future point.
Commerzbank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Commerzbank, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CommerzbankCommerzbank |
Commerzbank 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.
Commerzbank AG 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 Commerzbank AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Commerzbank AG Trend Analysis
Use this graph to draw trend lines for Commerzbank AG. You can use it to identify possible trend reversals for Commerzbank 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 Commerzbank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Commerzbank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Commerzbank AG applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Commerzbank AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 96.92, which is the sum of squared deviations for the predicted Commerzbank price change compared to its average price change.About Commerzbank 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 Commerzbank AG 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 Commerzbank AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Commerzbank AG price pattern first instead of the macroeconomic environment surrounding Commerzbank AG. By analyzing Commerzbank'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 Commerzbank'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 Commerzbank specific price patterns or momentum indicators. Please read more on our technical analysis page.
Commerzbank November 27, 2024 Technical Indicators
Most technical analysis of Commerzbank 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 Commerzbank from various momentum indicators to cycle indicators. When you analyze Commerzbank 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 | 0.143 | |||
Market Risk Adjusted Performance | 1.32 | |||
Mean Deviation | 1.07 | |||
Coefficient Of Variation | 561.94 | |||
Standard Deviation | 2.52 | |||
Variance | 6.37 | |||
Information Ratio | 0.1263 | |||
Jensen Alpha | 0.3988 | |||
Total Risk Alpha | 0.0416 | |||
Treynor Ratio | 1.31 | |||
Maximum Drawdown | 21.75 | |||
Potential Upside | 2.93 | |||
Skewness | 4.38 | |||
Kurtosis | 26.03 |
Complementary Tools for Commerzbank Pink Sheet analysis
When running Commerzbank's price analysis, check to measure Commerzbank'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 Commerzbank is operating at the current time. Most of Commerzbank's value examination focuses on studying past and present price action to predict the probability of Commerzbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerzbank's price. Additionally, you may evaluate how the addition of Commerzbank to your portfolios can decrease your overall portfolio volatility.
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