Canso Credit Trust Stock Technical Analysis

PBY-UN Stock  CAD 15.50  0.08  0.52%   
As of the 26th of November, Canso Credit shows the Mean Deviation of 0.3091, risk adjusted performance of 0.0594, and Downside Deviation of 0.5662. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Canso Credit, as well as the relationship between them.

Canso Credit Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canso, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Canso
  
Canso Credit's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Canso Credit 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.
A focus of Canso Credit technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canso Credit trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Canso Credit Trust Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Canso Credit Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Canso Credit Trust Trend Analysis

Use this graph to draw trend lines for Canso Credit Trust. You can use it to identify possible trend reversals for Canso Credit 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 Canso Credit price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Canso Credit Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Canso Credit Trust applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Canso Credit Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.22, which is the sum of squared deviations for the predicted Canso Credit price change compared to its average price change.

About Canso Credit 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 Canso Credit Trust 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 Canso Credit Trust based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canso Credit Trust price pattern first instead of the macroeconomic environment surrounding Canso Credit Trust. By analyzing Canso Credit'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 Canso Credit'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 Canso Credit specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2023 2024 (projected)
Payables Turnover15.75733.23769.9
Days Of Inventory On Hand1.0K940.2835.74

Canso Credit November 26, 2024 Technical Indicators

Most technical analysis of Canso 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 Canso from various momentum indicators to cycle indicators. When you analyze Canso 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.

Canso Credit November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Canso stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Canso Stock analysis

When running Canso Credit's price analysis, check to measure Canso Credit'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 Canso Credit is operating at the current time. Most of Canso Credit's value examination focuses on studying past and present price action to predict the probability of Canso Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canso Credit's price. Additionally, you may evaluate how the addition of Canso Credit to your portfolios can decrease your overall portfolio volatility.
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