Transcanada Pipelines Ltd Bond Technical Analysis
| 89352HAD1 | 107.70 0.99 0.93% |
As of the 30th of November, TRANSCANADA owns the risk adjusted performance of 0.0106, and Downside Deviation of 1.73. In relation to fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of TRANSCANADA PIPELINES LTD, as well as the relationship between them.
TRANSCANADA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TRANSCANADA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TRANSCANADATRANSCANADA |
TRANSCANADA technical bond 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, bond market cycles, or different charting patterns.
TRANSCANADA PIPELINES LTD Trend Analysis
Use this graph to draw trend lines for TRANSCANADA PIPELINES LTD. You can use it to identify possible trend reversals for TRANSCANADA 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 TRANSCANADA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.TRANSCANADA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for TRANSCANADA PIPELINES LTD applied against its price change over selected period. The best fit line has a slop of 0.11 , which may suggest that TRANSCANADA PIPELINES LTD market price will keep on failing further. It has 122 observation points and a regression sum of squares at 430.81, which is the sum of squared deviations for the predicted TRANSCANADA price change compared to its average price change.About TRANSCANADA 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 TRANSCANADA PIPELINES LTD 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 TRANSCANADA PIPELINES LTD based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on TRANSCANADA PIPELINES LTD price pattern first instead of the macroeconomic environment surrounding TRANSCANADA PIPELINES LTD. By analyzing TRANSCANADA'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 TRANSCANADA'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 TRANSCANADA specific price patterns or momentum indicators. Please read more on our technical analysis page.
TRANSCANADA November 30, 2024 Technical Indicators
Most technical analysis of TRANSCANADA 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 TRANSCANADA from various momentum indicators to cycle indicators. When you analyze TRANSCANADA 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 | 0.0106 | |||
| Market Risk Adjusted Performance | 0.0237 | |||
| Mean Deviation | 1.06 | |||
| Semi Deviation | 1.7 | |||
| Downside Deviation | 1.73 | |||
| Coefficient Of Variation | 15654.15 | |||
| Standard Deviation | 1.77 | |||
| Variance | 3.14 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0137 | |||
| Maximum Drawdown | 10.47 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.52 | |||
| Downside Variance | 2.99 | |||
| Semi Variance | 2.89 | |||
| Expected Short fall | (1.14) | |||
| Skewness | (0.28) | |||
| Kurtosis | 8.05 |
Other Information on Investing in TRANSCANADA Bond
TRANSCANADA financial ratios help investors to determine whether TRANSCANADA Bond 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 TRANSCANADA with respect to the benefits of owning TRANSCANADA security.