Cadiz Inc Stock Technical Analysis
CDZI Stock | USD 2.15 0.10 4.44% |
As of the 17th of April 2024, Cadiz shows the mean deviation of 2.61, and Risk Adjusted Performance of (0.04). Cadiz 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'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 were able to analyze thirteen technical drivers for Cadiz Inc, which can be compared to its peers. Please confirm Cadiz Inc market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Cadiz Inc is priced correctly, providing market reflects its regular price of 2.15 per share. Please also double-check Cadiz Inc jensen alpha, which is currently at (0.29) to validate the company can sustain itself at a future point.
Cadiz Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cadiz, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CadizCadiz |
Cadiz Analyst Consensus
Target Price | Advice | # of Analysts | |
15.0 | Strong Buy | 1 | Odds |
Most Cadiz 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 Cadiz stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cadiz Inc, talking to its executives and customers, or listening to Cadiz conference calls.
Cadiz 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.
Cadiz 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 Cadiz Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cadiz Inc Trend Analysis
Use this graph to draw trend lines for Cadiz Inc. You can use it to identify possible trend reversals for Cadiz 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 Cadiz price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cadiz Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cadiz Inc applied against its price change over selected period. The best fit line has a slop of 0.0061 , which may suggest that Cadiz Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.43, which is the sum of squared deviations for the predicted Cadiz price change compared to its average price change.About Cadiz 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 Cadiz 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 Cadiz Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cadiz Inc price pattern first instead of the macroeconomic environment surrounding Cadiz Inc. By analyzing Cadiz'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 Cadiz'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 Cadiz specific price patterns or momentum indicators. Please read more on our technical analysis page.
2022 | 2023 | 2024 (projected) | Dividend Yield | 0.041 | 0.0278 | 0.0208 | Price To Sales Ratio | 83.06 | 92.33 | 87.72 |
Cadiz April 17, 2024 Technical Indicators
Most technical analysis of Cadiz 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 Cadiz from various momentum indicators to cycle indicators. When you analyze Cadiz 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 | (0.04) | |||
Market Risk Adjusted Performance | 0.7745 | |||
Mean Deviation | 2.61 | |||
Coefficient Of Variation | (1,203) | |||
Standard Deviation | 3.54 | |||
Variance | 12.51 | |||
Information Ratio | (0.1) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | 0.7645 | |||
Maximum Drawdown | 17.23 | |||
Value At Risk | (6.49) | |||
Potential Upside | 4.45 | |||
Skewness | 0.0731 | |||
Kurtosis | 1.42 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cadiz Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Cadiz Inc information on this page should be used as a complementary analysis to other Cadiz'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Cadiz Stock analysis
When running Cadiz's price analysis, check to measure Cadiz'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 Cadiz is operating at the current time. Most of Cadiz's value examination focuses on studying past and present price action to predict the probability of Cadiz's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadiz's price. Additionally, you may evaluate how the addition of Cadiz to your portfolios can decrease your overall portfolio volatility.
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Is Cadiz'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 Cadiz. If investors know Cadiz 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 Cadiz listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Revenue Per Share 0.03 | Quarterly Revenue Growth 0.192 | Return On Assets (0.12) | Return On Equity (0.85) |
The market value of Cadiz Inc is measured differently than its book value, which is the value of Cadiz that is recorded on the company's balance sheet. Investors also form their own opinion of Cadiz's value that differs from its market value or its book value, called intrinsic value, which is Cadiz'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 Cadiz's market value can be influenced by many factors that don't directly affect Cadiz'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 Cadiz's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadiz is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadiz'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.