Cartesian Growth Stock Technical Analysis
RENE Stock | USD 11.62 0.04 0.34% |
As of the 24th of November, Cartesian Growth shows the Mean Deviation of 0.0887, risk adjusted performance of 0.1176, and Coefficient Of Variation of 488.19. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Cartesian Growth, as well as the relationship between them. Please confirm Cartesian Growth jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Cartesian Growth is priced correctly, providing market reflects its regular price of 11.62 per share. Given that Cartesian Growth has treynor ratio of 0.492, we suggest you to validate Cartesian Growth's prevailing market performance to make sure the company can sustain itself at a future point.
Cartesian Growth Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cartesian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CartesianCartesian |
Cartesian Growth 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.
Cartesian Growth 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 Cartesian Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cartesian Growth Trend Analysis
Use this graph to draw trend lines for Cartesian Growth. You can use it to identify possible trend reversals for Cartesian Growth 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 Cartesian Growth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cartesian Growth Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cartesian Growth applied against its price change over selected period. The best fit line has a slop of 0 , which means Cartesian Growth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.72, which is the sum of squared deviations for the predicted Cartesian Growth price change compared to its average price change.About Cartesian Growth 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 Cartesian Growth 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 Cartesian Growth based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cartesian Growth price pattern first instead of the macroeconomic environment surrounding Cartesian Growth. By analyzing Cartesian Growth'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 Cartesian Growth'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 Cartesian Growth specific price patterns or momentum indicators. Please read more on our technical analysis page.
2010 | 2023 | 2024 (projected) | Current Ratio | 3.88 | 0.22 | 0.2 | Net Debt To EBITDA | 0.34 | 0.31 | 0.27 |
Cartesian Growth November 24, 2024 Technical Indicators
Most technical analysis of Cartesian 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 Cartesian from various momentum indicators to cycle indicators. When you analyze Cartesian 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 | 0.1176 | |||
Market Risk Adjusted Performance | 0.502 | |||
Mean Deviation | 0.0887 | |||
Downside Deviation | 0.2274 | |||
Coefficient Of Variation | 488.19 | |||
Standard Deviation | 0.155 | |||
Variance | 0.024 | |||
Information Ratio | (0.64) | |||
Jensen Alpha | 0.0164 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | (0.44) | |||
Treynor Ratio | 0.492 | |||
Maximum Drawdown | 1.03 | |||
Value At Risk | (0.17) | |||
Potential Upside | 0.2604 | |||
Downside Variance | 0.0517 | |||
Semi Variance | (0.02) | |||
Expected Short fall | (0.18) | |||
Skewness | 1.76 | |||
Kurtosis | 7.82 |
Complementary Tools for Cartesian Stock analysis
When running Cartesian Growth's price analysis, check to measure Cartesian Growth'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 Cartesian Growth is operating at the current time. Most of Cartesian Growth's value examination focuses on studying past and present price action to predict the probability of Cartesian Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cartesian Growth's price. Additionally, you may evaluate how the addition of Cartesian Growth to your portfolios can decrease your overall portfolio volatility.
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