Cortland Bancorp Technical Analysis

Cortland Bancorp -- USA Stock  

USD 20  0.25  1.27%

Cortland Bancorp shows Risk Adjusted Performance of 0.0748 and Mean Deviation of 0.9497. Cortland Bancorp 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 Cortland Bancorp which can be compared to its rivals. Please confirm Cortland Bancorp Value At Risk, Expected Short fall and the relationship between Treynor Ratio and Downside Variance to decide if Cortland Bancorp is priced correctly providing market reflects its regular price of 20.0 per share. Given that Cortland Bancorp has Jensen Alpha of 0.0356, we suggest you validate Cortland Bancorp prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Cortland Bancorp Trend Analysis

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

Cortland Bancorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cortland Bancorp applied against its price change over selected period. The best fit line has a slop of 0.048946 % which means Cortland Bancorp will continue generating value for investors. It has 34 observation points and a regression sum of squares at 1.95, which is the sum of squared deviations for the predicted Cortland Bancorp price change compared to its average price change.

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Correlation Analysis

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Cortland Bancorp is rated fourth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.94  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Cortland Bancorp is roughly  1.94