Charter Communications Stock Technical Analysis
CHTR Stock | USD 264.70 1.61 0.60% |
As of the 24th of April, Charter Communications shows the mean deviation of 1.78, and Risk Adjusted Performance of (0.09). Charter Communications 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 interpolate and analyze data for thirteen technical drivers for Charter Communications, which can be compared to its peers. Please confirm Charter Communications risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Charter Communications is priced correctly, providing market reflects its regular price of 264.7 per share. Given that Charter Communications has information ratio of (0.20), we suggest you to validate Charter Communications's prevailing market performance to make sure the company can sustain itself at a future point.
Charter Communications Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Charter, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CharterCharter |
Charter Communications Analyst Consensus
Target Price | Advice | # of Analysts | |
487.82 | Buy | 27 | Odds |
Most Charter 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 Charter stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Charter Communications, talking to its executives and customers, or listening to Charter conference calls.
Charter Communications 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.
Charter Communications Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Charter Communications volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Charter Communications Trend Analysis
Use this graph to draw trend lines for Charter Communications. You can use it to identify possible trend reversals for Charter Communications 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 Charter Communications price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Charter Communications Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Charter Communications applied against its price change over selected period. The best fit line has a slop of 1.08 , which may suggest that Charter Communications market price will keep on failing further. It has 122 observation points and a regression sum of squares at 44208.21, which is the sum of squared deviations for the predicted Charter Communications price change compared to its average price change.About Charter Communications 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 Charter Communications 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 Charter Communications based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Charter Communications price pattern first instead of the macroeconomic environment surrounding Charter Communications. By analyzing Charter Communications'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 Charter Communications'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 Charter Communications specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 (projected) | Dividend Yield | 3.67E-4 | 3.79E-4 | 4.36E-4 | Price To Sales Ratio | 2.32 | 1.01 | 1.06 |
Charter Communications April 24, 2024 Technical Indicators
Most technical analysis of Charter 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 Charter from various momentum indicators to cycle indicators. When you analyze Charter 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 | (0.09) | |||
Market Risk Adjusted Performance | (0.37) | |||
Mean Deviation | 1.78 | |||
Coefficient Of Variation | (608.94) | |||
Standard Deviation | 2.8 | |||
Variance | 7.86 | |||
Information Ratio | (0.20) | |||
Jensen Alpha | (0.58) | |||
Total Risk Alpha | (0.85) | |||
Treynor Ratio | (0.38) | |||
Maximum Drawdown | 19.65 | |||
Value At Risk | (4.40) | |||
Potential Upside | 3.03 | |||
Skewness | (2.84) | |||
Kurtosis | 15.84 |
Charter Communications April 24, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Charter stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 18,545 | ||
Daily Balance Of Power | (0.37) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 262.65 | ||
Day Typical Price | 263.33 | ||
Price Action Indicator | 1.24 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Charter Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Charter Stock, please use our How to Invest in Charter Communications guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Charter Stock analysis
When running Charter Communications' price analysis, check to measure Charter Communications' 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 Charter Communications is operating at the current time. Most of Charter Communications' value examination focuses on studying past and present price action to predict the probability of Charter Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charter Communications' price. Additionally, you may evaluate how the addition of Charter Communications to your portfolios can decrease your overall portfolio volatility.
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Is Charter Communications' 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 Charter Communications. If investors know Charter 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 Charter Communications 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 (0.08) | Earnings Share 29.99 | Revenue Per Share 365.979 | Quarterly Revenue Growth 0.003 | Return On Assets 0.0527 |
The market value of Charter Communications is measured differently than its book value, which is the value of Charter that is recorded on the company's balance sheet. Investors also form their own opinion of Charter Communications' value that differs from its market value or its book value, called intrinsic value, which is Charter Communications' 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 Charter Communications' market value can be influenced by many factors that don't directly affect Charter Communications' 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 Charter Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Charter Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charter Communications' 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.