|Cognizant Technology Solutions Corporation -- USA Stock|| |
USD 74.27 0.33 0.45%
Cognizant Technology Solutions Corporation shows Downside Deviation
of 0.4308, Risk Adjusted Performance
of 0.0627 and Mean Deviation
of 0.3671. Cognizant Technology 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 Cognizant Technology Solutions Corporation which can be compared to its rivals. Please confirm Cognizant Technology Variance
as well as the relationship
between Value At Risk
to decide if Cognizant Technology is priced correctly providing market reflects its regular price of 74.27 per share. Given that Cognizant Technology has Jensen Alpha
of 0.0538, we suggest you validate Cognizant Technology Solutions Corporation prevailing market performance to make sure the company can sustain itself at future point.
Cognizant Technology Trend Analysis
Use this graph to draw trend lines for Cognizant Technology Solutions Corporation. You can use it to identify possible trend reversals for Cognizant Technology 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 Cognizant Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Cognizant Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cognizant Technology Solutions Corporation applied against its price change over selected period. The best fit line has a slop of 0.14 %
which means Cognizant Technology Solutions Corporation will continue generating value for investors. It has 34 observation points and a regression sum of squares at 15.01, which is the sum of squared deviations for the predicted Cognizant Technology price change compared to its average price change.