Ita CorpBanca Technical Analysis Overview

ITCB -- USA Stock  

USD 15.00  0.38  2.47%

Ita CorpBanca retains Downside Deviation of 3.22, Market Risk Adjusted Performance of 0.169 and Risk Adjusted Performance of 0.0465. Ita CorpBanca technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Ita CorpBanca which can be compared to its competitors. Please check out Ita CorpBanca Downside Deviation, Treynor Ratio, Expected Short fall, as well as the relationship between Variance and Potential Upside to decide if Ita CorpBanca is priced fairly providing market reflects its last-minute price of 15.0 per share. Given that Ita CorpBanca has Jensen Alpha of 0.012695, we strongly advise you confirm Ita CorpBanca regular market performance to make sure the company can sustain itself at future point.
Horizon     30 Days    Login   to change

Ita CorpBanca Technical Analysis

Time Period
  Portfolio Suggestion    
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The output start index for this execution was twelve with a total number of output elements of five. 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 Ita CorpBanca 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.

Ita CorpBanca Trend Analysis

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

Ita CorpBanca Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ita CorpBanca applied against its price change over selected period. The best fit line has a slop of 0.08 % which means Ita CorpBanca will continue generating value for investors. It has 34 observation points and a regression sum of squares at 5.69, which is the sum of squared deviations for the predicted Ita CorpBanca price change compared to its average price change.

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Ita CorpBanca Market Strength

Ita CorpBanca September 22, 2018 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.