CarMax (Germany) Technical Analysis
| XA4 Stock | EUR 80.88 1.22 1.53% |
As of the 2nd of December, CarMax shows the Downside Deviation of 1.69, mean deviation of 1.38, and Risk Adjusted Performance of 0.0473. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of CarMax, as well as the relationship between them. Please confirm CarMax Inc treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if CarMax Inc is priced correctly, providing market reflects its regular price of 80.88 per share.
CarMax Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CarMax, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CarMaxCarMax |
CarMax 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.
CarMax Inc 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 CarMax Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CarMax Inc Trend Analysis
Use this graph to draw trend lines for CarMax Inc. You can use it to identify possible trend reversals for CarMax 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 CarMax price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CarMax Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CarMax Inc applied against its price change over selected period. The best fit line has a slop of 0.13 , which means CarMax Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 614.97, which is the sum of squared deviations for the predicted CarMax price change compared to its average price change.About CarMax 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 CarMax Inc 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 CarMax Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CarMax Inc price pattern first instead of the macroeconomic environment surrounding CarMax Inc. By analyzing CarMax'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 CarMax'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 CarMax specific price patterns or momentum indicators. Please read more on our technical analysis page.
CarMax December 2, 2024 Technical Indicators
Most technical analysis of CarMax 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 CarMax from various momentum indicators to cycle indicators. When you analyze CarMax 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 | 0.0473 | |||
| Market Risk Adjusted Performance | 0.0886 | |||
| Mean Deviation | 1.38 | |||
| Semi Deviation | 1.54 | |||
| Downside Deviation | 1.69 | |||
| Coefficient Of Variation | 1843.85 | |||
| Standard Deviation | 1.85 | |||
| Variance | 3.43 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0786 | |||
| Maximum Drawdown | 7.54 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 3.16 | |||
| Downside Variance | 2.86 | |||
| Semi Variance | 2.37 | |||
| Expected Short fall | (1.56) | |||
| Skewness | 0.3693 | |||
| Kurtosis | 1.07 |
Complementary Tools for CarMax Stock analysis
When running CarMax's price analysis, check to measure CarMax'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 CarMax is operating at the current time. Most of CarMax's value examination focuses on studying past and present price action to predict the probability of CarMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarMax's price. Additionally, you may evaluate how the addition of CarMax to your portfolios can decrease your overall portfolio volatility.
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