Ita CorpBanca Technical Analysis

    Ita CorpBanca -- USA Stock  

    USD 10.77  0.48  4.27%

    Ita CorpBanca retains Market Risk Adjusted Performance of 2.83 and Risk Adjusted Performance of (0.21). 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 10.77 per share. Given that Ita CorpBanca has Jensen Alpha of (0.99), we strongly advise you confirm Ita CorpBanca regular market performance to make sure the company can sustain itself at future point.
    Investment Horizon     30 Days    Login   to change

    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 0.16 % which may suggest that Ita CorpBanca market price will keep on failing further. It has 34 observation points and a regression sum of squares at 21.45, 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 is rated second overall in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.3  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Ita CorpBanca is roughly  1.3