Morguard Stock Technical Analysis
| MRC Stock | CAD 115.78 2.60 2.20% |
As of the 22nd of November, Morguard secures the Downside Deviation of 2.13, risk adjusted performance of 0.0384, and Mean Deviation of 1.26. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Morguard, as well as the relationship between them.
Morguard Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Morguard, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MorguardMorguard |
Morguard 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.
Morguard Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Morguard volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Morguard Trend Analysis
Use this graph to draw trend lines for Morguard. You can use it to identify possible trend reversals for Morguard 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 Morguard price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Morguard Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Morguard applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Morguard will continue generating value for investors. It has 122 observation points and a regression sum of squares at 231.84, which is the sum of squared deviations for the predicted Morguard price change compared to its average price change.About Morguard 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 Morguard 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 Morguard based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Morguard price pattern first instead of the macroeconomic environment surrounding Morguard. By analyzing Morguard'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 Morguard'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 Morguard specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.004352 | 0.005314 | 0.005642 | 0.00536 | Price To Sales Ratio | 1.48 | 1.11 | 0.94 | 1.28 |
Morguard November 22, 2024 Technical Indicators
Most technical analysis of Morguard 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 Morguard from various momentum indicators to cycle indicators. When you analyze Morguard 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 | 0.0384 | |||
| Market Risk Adjusted Performance | 0.2 | |||
| Mean Deviation | 1.26 | |||
| Semi Deviation | 1.83 | |||
| Downside Deviation | 2.13 | |||
| Coefficient Of Variation | 2350.91 | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.62 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0338 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.19 | |||
| Maximum Drawdown | 12.99 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 3.36 | |||
| Downside Variance | 4.55 | |||
| Semi Variance | 3.36 | |||
| Expected Short fall | (1.30) | |||
| Skewness | (0.21) | |||
| Kurtosis | 3.48 |
Other Information on Investing in Morguard Stock
Morguard financial ratios help investors to determine whether Morguard Stock 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 Morguard with respect to the benefits of owning Morguard security.