Compx International Stock Technical Analysis
CIX Stock | USD 32.27 0.41 1.29% |
As of the 25th of April, CompX International shows the Downside Deviation of 3.79, risk adjusted performance of 0.0901, and Mean Deviation of 3.83. CompX International 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 collect and analyze data for nineteen technical drivers for CompX International, which can be compared to its peers. Please confirm CompX International downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if CompX International is priced correctly, providing market reflects its regular price of 32.27 per share. Given that CompX International has jensen alpha of 0.5373, we suggest you to validate CompX International's prevailing market performance to make sure the company can sustain itself at a future point.
CompX International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CompX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CompXCompX |
CompX International Analyst Consensus
Target Price | Advice | # of Analysts | |
38.0 | Strong Sell | 0 | Odds |
Most CompX 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 CompX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CompX International, talking to its executives and customers, or listening to CompX conference calls.
CompX Analyst Advice DetailsCompX International 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.
CompX International Technical Analysis
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 CompX International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CompX International Trend Analysis
Use this graph to draw trend lines for CompX International. You can use it to identify possible trend reversals for CompX International 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 CompX International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CompX International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CompX International applied against its price change over selected period. The best fit line has a slop of 0.22 , which may imply that CompX International will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1830.91, which is the sum of squared deviations for the predicted CompX International price change compared to its average price change.About CompX International 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 CompX International 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 CompX International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CompX International price pattern first instead of the macroeconomic environment surrounding CompX International. By analyzing CompX International'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 CompX International'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 CompX International specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0356 | 0.15 | 0.0396 | 0.0287 | Price To Sales Ratio | 1.98 | 1.37 | 1.93 | 1.11 |
CompX International April 25, 2024 Technical Indicators
Most technical analysis of CompX 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 CompX from various momentum indicators to cycle indicators. When you analyze CompX 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 | 0.0901 | |||
Market Risk Adjusted Performance | 0.3588 | |||
Mean Deviation | 3.83 | |||
Semi Deviation | 3.54 | |||
Downside Deviation | 3.79 | |||
Coefficient Of Variation | 767.87 | |||
Standard Deviation | 5.39 | |||
Variance | 29.03 | |||
Information Ratio | 0.1139 | |||
Jensen Alpha | 0.5373 | |||
Total Risk Alpha | 0.0196 | |||
Sortino Ratio | 0.1619 | |||
Treynor Ratio | 0.3488 | |||
Maximum Drawdown | 29.66 | |||
Value At Risk | (6.39) | |||
Potential Upside | 9.27 | |||
Downside Variance | 14.38 | |||
Semi Variance | 12.5 | |||
Expected Short fall | (4.89) | |||
Skewness | 1.41 | |||
Kurtosis | 3.64 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CompX International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for CompX Stock analysis
When running CompX International's price analysis, check to measure CompX International'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 CompX International is operating at the current time. Most of CompX International's value examination focuses on studying past and present price action to predict the probability of CompX International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CompX International's price. Additionally, you may evaluate how the addition of CompX International to your portfolios can decrease your overall portfolio volatility.
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Is CompX International'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 CompX International. If investors know CompX 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 CompX International 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 0.395 | Dividend Share 1 | Earnings Share 1.84 | Revenue Per Share 13.101 | Quarterly Revenue Growth 0.08 |
The market value of CompX International is measured differently than its book value, which is the value of CompX that is recorded on the company's balance sheet. Investors also form their own opinion of CompX International's value that differs from its market value or its book value, called intrinsic value, which is CompX International'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 CompX International's market value can be influenced by many factors that don't directly affect CompX International'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 CompX International's value and its price as these two are different measures arrived at by different means. Investors typically determine if CompX International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CompX International'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.