Caterpillar Technical Analysis

Caterpillar Inc -- USA Stock  

USD 131.38  0.84  0.64%

Caterpillar Inc shows Coefficient Of Variation of 201.72, Risk Adjusted Performance of 0.1187 and Mean Deviation of 0.4085. Caterpillar Inc 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 future prices. In plain English 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 found eighteen technical drivers for Caterpillar Inc which can be compared to its rivals. Please confirm Caterpillar Inc Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if Caterpillar Inc is priced correctly providing market reflects its regular price of 131.38 per share. Given that Caterpillar has Treynor Ratio of 2.18, we suggest you validate Caterpillar Inc prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Caterpillar Inc Trend Analysis

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

Caterpillar Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Caterpillar Inc applied against its price change over selected period. The best fit line has a slop of 0.49 % which may imply that Caterpillar Inc will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 192.7, which is the sum of squared deviations for the predicted Caterpillar price change compared to its average price change.

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Caterpillar Inc is rated below average in mean deviation category among related companies. It is rated fifth in standard deviation category among related companies creating about  1.19  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Caterpillar Inc is roughly  1.19