ColgatePalmolive Co shows Downside Deviation
of 0.5838, Risk Adjusted Performance
of 0.0485 and Mean Deviation
of 0.4773. ColgatePalmolive Co 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 nineteen technical drivers
for ColgatePalmolive Co which can be compared to its rivals. Please confirm ColgatePalmolive Co Treynor Ratio
, and the relationship
and Potential Upside
to decide if ColgatePalmolive Co is priced correctly providing market reflects its regular price of 65.66 per share. Given that CL has Jensen Alpha
, we suggest you validate ColgatePalmolive Co prevailing market performance to make sure the company can sustain itself at future point. Use ColgatePalmolive Co technical analysis together with your stock portfolios to enhance returns of your portfolios and to determine Stock optimization strategy that fits your criteria.
Use this graph to draw trend lines for ColgatePalmolive Co. You can use it to identify possible trend reversals for CL 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 CL price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
CL Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ColgatePalmolive Co applied against its price change over selected period. The best fit line has a slop of 0.02 %
which suggests that ColgatePalmolive Co will keep on generating value for investors. It has 40 observation points and regression sum of squers of 0.68 which is sum of squared deviations of the predicted CL price change against its avarage change.
CL has a best fit line with a correlation coefficient of 0.27. and coefficient of determination of 0.07. Note, that about 70.0%
of the company shares are held by institutions