Cortland Bancorp shows Risk Adjusted Performance of 0.013119 and Mean Deviation of 0.6943. 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 BancorpValue 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 23.55 per share. Given that Cortland Bancorp has Jensen Alpha of 0.13, we suggest you validate Cortland Bancorp prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was one with a total number of output elements of sixteen. 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 Cortland Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
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 0.04 % which may suggest that Cortland Bancorp market price will keep on failing further. It has 34 observation points and a regression sum of squares at 1.42, which is the sum of squared deviations for the predicted Cortland Bancorp price change compared to its average price change.
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