Linamar Stock Technical Analysis

LIMAF Stock  USD 46.76  0.09  0.19%   
As of the 19th of April, Linamar secures the Risk Adjusted Performance of 0.01, downside deviation of 1.95, and Mean Deviation of 1.39. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Linamar, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Linamar, which can be compared to its peers in the industry. Please verify Linamar value at risk, and the relationship between the jensen alpha and semi variance to decide if Linamar is priced some-what accurately, providing market reflects its recent price of 46.76 per share. Given that Linamar has jensen alpha of (0.10), we recommend you to check Linamar's last-minute market performance to make sure the company can sustain itself at a future point.

Linamar Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Linamar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Linamar
  
Linamar's 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.
Linamar technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Linamar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Linamar 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...

Linamar Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Linamar volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Linamar Trend Analysis

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

Linamar Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Linamar applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Linamar will continue generating value for investors. It has 122 observation points and a regression sum of squares at 68.86, which is the sum of squared deviations for the predicted Linamar price change compared to its average price change.

About Linamar 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 Linamar 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 Linamar based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Linamar price pattern first instead of the macroeconomic environment surrounding Linamar. By analyzing Linamar'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 Linamar'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 Linamar specific price patterns or momentum indicators. Please read more on our technical analysis page.

Linamar April 19, 2024 Technical Indicators

Most technical analysis of Linamar 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 Linamar from various momentum indicators to cycle indicators. When you analyze Linamar 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linamar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Linamar information on this page should be used as a complementary analysis to other Linamar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Linamar Pink Sheet analysis

When running Linamar's price analysis, check to measure Linamar's 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 Linamar is operating at the current time. Most of Linamar's value examination focuses on studying past and present price action to predict the probability of Linamar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Linamar's price. Additionally, you may evaluate how the addition of Linamar to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Linamar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Linamar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Linamar's 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.