Cadus Corporation shows Mean Deviation of 0.0542 and Risk Adjusted Performance of 0.28. Cadus 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 Cadus Corporation which can be compared to its rivals. Please confirm CadusMean Deviation, Information Ratio as well as the relationship between Information Ratio and Downside Variance to decide if Cadus is priced correctly providing market reflects its regular price of 1.59 per share. Please also double-check Cadus Corporation Total Risk Alpha which is currently at 0.021051 to validate the company can sustain itself at future point.
The output start index for this execution was six with a total number of output elements of eleven. 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 Cadus 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.
Cadus Trend Analysis
Use this graph to draw trend lines for Cadus Corporation. You can use it to identify possible trend reversals for Cadus 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 Cadus price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Cadus Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cadus Corporation applied against its price change over selected period. The best fit line has a slop of 0.000172 % which may suggest that Cadus Corporation market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Cadus price change compared to its average price change.
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Cadus Corporation is rated below average in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 2.46 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Cadus Corporation is roughly 2.46