Reitmans Canada Stock Technical Analysis
| RET Stock | CAD 2.74 0.16 5.52% |
As of the 13th of December 2024, Reitmans Canada holds the Risk Adjusted Performance of 0.0242, semi deviation of 2.59, and Coefficient Of Variation of 4425.15. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Reitmans Canada, as well as the relationship between them. Please check Reitmans Canada jensen alpha, as well as the relationship between the potential upside and skewness to decide if Reitmans Canada is priced some-what accurately, providing market reflects its current price of 2.74 per share.
Reitmans Canada Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Reitmans, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ReitmansReitmans |
Reitmans Canada 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.
Reitmans Canada Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Reitmans Canada volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Reitmans Canada Trend Analysis
Use this graph to draw trend lines for Reitmans Canada. You can use it to identify possible trend reversals for Reitmans Canada 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 Reitmans Canada price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Reitmans Canada Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Reitmans Canada applied against its price change over selected period. The best fit line has a slop of 0.0009 , which means Reitmans Canada will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Reitmans Canada price change compared to its average price change.About Reitmans Canada 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 Reitmans Canada 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 Reitmans Canada based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Reitmans Canada price pattern first instead of the macroeconomic environment surrounding Reitmans Canada. By analyzing Reitmans Canada'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 Reitmans Canada'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 Reitmans Canada specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 2.02 | 1.79 | 1.63 | 1.82 | PTB Ratio | 4.28 | 0.99 | 0.45 | 0.43 |
Reitmans Canada December 13, 2024 Technical Indicators
Most technical analysis of Reitmans 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 Reitmans from various momentum indicators to cycle indicators. When you analyze Reitmans 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.
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0242 | |||
| Market Risk Adjusted Performance | 0.8388 | |||
| Mean Deviation | 1.92 | |||
| Semi Deviation | 2.59 | |||
| Downside Deviation | 4.27 | |||
| Coefficient Of Variation | 4425.15 | |||
| Standard Deviation | 3.21 | |||
| Variance | 10.31 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0549 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.8288 | |||
| Maximum Drawdown | 17.58 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 6.34 | |||
| Downside Variance | 18.23 | |||
| Semi Variance | 6.71 | |||
| Expected Short fall | (2.96) | |||
| Skewness | 0.5435 | |||
| Kurtosis | 2.17 |
Additional Tools for Reitmans Stock Analysis
When running Reitmans Canada's price analysis, check to measure Reitmans Canada'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 Reitmans Canada is operating at the current time. Most of Reitmans Canada's value examination focuses on studying past and present price action to predict the probability of Reitmans Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitmans Canada's price. Additionally, you may evaluate how the addition of Reitmans Canada to your portfolios can decrease your overall portfolio volatility.