Cable One Stock Technical Analysis

CABO Stock  USD 398.30  4.70  1.19%   
As of the 19th of April, Cable One shows the risk adjusted performance of (0.1), and Mean Deviation of 1.92. Cable One technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed thirteen technical drivers for Cable One, which can be compared to its peers. Please confirm Cable One standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Cable One is priced correctly, providing market reflects its regular price of 398.3 per share. Given that Cable One has information ratio of (0.19), we suggest you to validate Cable One's prevailing market performance to make sure the company can sustain itself at a future point.

Cable One Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cable, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Cable
  
Cable One'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.

Cable One Analyst Consensus

Target PriceAdvice# of Analysts
848.17Hold7Odds
Cable One current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cable analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cable stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cable One, talking to its executives and customers, or listening to Cable conference calls.
Cable Analyst Advice Details
Cable One 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 Cable One technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cable One 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...

Cable One Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Cable One volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cable One Trend Analysis

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

Cable One Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cable One applied against its price change over selected period. The best fit line has a slop of   2.59  , which may suggest that Cable One market price will keep on failing further. It has 122 observation points and a regression sum of squares at 254045.03, which is the sum of squared deviations for the predicted Cable One price change compared to its average price change.

About Cable One 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 Cable One 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 Cable One based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cable One price pattern first instead of the macroeconomic environment surrounding Cable One. By analyzing Cable One'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 Cable One'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 Cable One specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0059790.01580.02110.032
Price To Sales Ratio6.612.461.873.51

Cable One April 19, 2024 Technical Indicators

Most technical analysis of Cable 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 Cable from various momentum indicators to cycle indicators. When you analyze Cable 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.
When determining whether Cable One offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cable One's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cable One Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cable One Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cable One. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.
Note that the Cable One information on this page should be used as a complementary analysis to other Cable One's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Cable Stock analysis

When running Cable One's price analysis, check to measure Cable One'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 Cable One is operating at the current time. Most of Cable One's value examination focuses on studying past and present price action to predict the probability of Cable One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cable One's price. Additionally, you may evaluate how the addition of Cable One to your portfolios can decrease your overall portfolio volatility.
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Is Cable One's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cable One. If investors know Cable will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cable One listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Dividend Share
11.6
Earnings Share
45.15
Revenue Per Share
297.062
Quarterly Revenue Growth
(0.03)
The market value of Cable One is measured differently than its book value, which is the value of Cable that is recorded on the company's balance sheet. Investors also form their own opinion of Cable One's value that differs from its market value or its book value, called intrinsic value, which is Cable One's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cable One's market value can be influenced by many factors that don't directly affect Cable One's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cable One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cable One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cable One's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.