Carriage Services Stock Technical Analysis

CSV Stock  USD 27.01  0.45  1.69%   
As of the 28th of March, Carriage Services shows the Mean Deviation of 1.52, risk adjusted performance of 0.046, and Downside Deviation of 1.91. Carriage Services 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 are able to interpolate and collect nineteen technical drivers for Carriage Services, which can be compared to its rivals. Please confirm Carriage Services standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Carriage Services is priced correctly, providing market reflects its regular price of 27.01 per share. Given that Carriage Services has jensen alpha of (0.15), we suggest you to validate Carriage Services's prevailing market performance to make sure the company can sustain itself at a future point.

Carriage Services Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Carriage, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Carriage
  
Carriage Services' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Carriage Services Analyst Consensus

Target PriceAdvice# of Analysts
43.75Strong Buy4Odds
Carriage Services current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Carriage 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 Carriage stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Carriage Services, talking to its executives and customers, or listening to Carriage conference calls.
Carriage Analyst Advice Details
Carriage Services 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.
A focus of Carriage Services technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Carriage Services trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Carriage Services Technical Analysis

Indicator
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Execute Indicator
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 Carriage Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Carriage Services Trend Analysis

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

Carriage Services Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Carriage Services applied against its price change over selected period. The best fit line has a slop of   0.04  , which may imply that Carriage Services will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 60.0, which is the sum of squared deviations for the predicted Carriage Services price change compared to its average price change.

About Carriage Services 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 Carriage Services 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 Carriage Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Carriage Services price pattern first instead of the macroeconomic environment surrounding Carriage Services. By analyzing Carriage Services'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 Carriage Services'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 Carriage Services specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio33.8310.4611.0811.63
Short Term Coverage Ratios29.9919.2419.6711.22

Carriage Services March 28, 2024 Technical Indicators

Most technical analysis of Carriage 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 Carriage from various momentum indicators to cycle indicators. When you analyze Carriage 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.

Carriage Services March 28, 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 Carriage 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.
When determining whether Carriage Services is a strong investment it is important to analyze Carriage Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carriage Services' future performance. For an informed investment choice regarding Carriage Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carriage Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Carriage Stock please use our How to Invest in Carriage Services guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Carriage Stock analysis

When running Carriage Services' price analysis, check to measure Carriage Services' 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 Carriage Services is operating at the current time. Most of Carriage Services' value examination focuses on studying past and present price action to predict the probability of Carriage Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carriage Services' price. Additionally, you may evaluate how the addition of Carriage Services to your portfolios can decrease your overall portfolio volatility.
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Is Carriage Services' 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 Carriage Services. If investors know Carriage 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 Carriage Services 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
0.408
Dividend Share
0.45
Earnings Share
2.14
Revenue Per Share
25.841
Quarterly Revenue Growth
0.052
The market value of Carriage Services is measured differently than its book value, which is the value of Carriage that is recorded on the company's balance sheet. Investors also form their own opinion of Carriage Services' value that differs from its market value or its book value, called intrinsic value, which is Carriage Services' 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 Carriage Services' market value can be influenced by many factors that don't directly affect Carriage Services' 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 Carriage Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Carriage Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carriage Services' 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.