Custom Truck One Stock Technical Analysis
| CTOS Stock | USD 4.59 0.13 2.91% |
As of the 27th of May, Custom Truck shows the Standard Deviation of 3.72, risk adjusted performance of (0.06), and Mean Deviation of 2.29. Custom Truck One 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's future prices. Put another way, 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 were able to break down and interpolate data for thirteen technical drivers for Custom Truck One, which can be compared to its peers. Please confirm Custom Truck One market risk adjusted performance and treynor ratio to decide if Custom Truck One is priced correctly, providing market reflects its regular price of 4.59 per share. Given that Custom Truck has information ratio of (0.14), we suggest you to validate Custom Truck One's prevailing market performance to make sure the company can sustain itself at a future point.
Custom Truck Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Custom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CustomCustom |
Custom Truck Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 10.0 | Strong Buy | 6 | Odds |
Most Custom analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Custom stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Custom Truck One, talking to its executives and customers, or listening to Custom conference calls.
Custom Truck technical stock 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, stock market cycles, or different charting patterns.
Custom Truck One Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. 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 Custom Truck One volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Custom Truck One Trend Analysis
Use this graph to draw trend lines for Custom Truck One. You can use it to identify possible trend reversals for Custom Truck 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 Custom Truck price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Custom Truck Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Custom Truck One applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Custom Truck One market price will keep on failing further. It has 122 observation points and a regression sum of squares at 26.08, which is the sum of squared deviations for the predicted Custom Truck price change compared to its average price change.About Custom Truck 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 Custom Truck One 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 Custom Truck One based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Custom Truck One price pattern first instead of the macroeconomic environment surrounding Custom Truck One. By analyzing Custom Truck'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 Custom Truck'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 Custom Truck specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 10.5 | 13.63 | 12.31 | 7.66 | Days Of Inventory On Hand | 156.56 | 183.13 | 248.39 | 260.81 |
Custom Truck May 27, 2024 Technical Indicators
Most technical analysis of Custom 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 Custom from various momentum indicators to cycle indicators. When you analyze Custom 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.35) | |||
| Mean Deviation | 2.29 | |||
| Coefficient Of Variation | (798.18) | |||
| Standard Deviation | 3.72 | |||
| Variance | 13.88 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.36) | |||
| Maximum Drawdown | 20.6 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 3.6 | |||
| Skewness | (2.22) | |||
| Kurtosis | 9.41 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Custom Truck One. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Custom Stock analysis
When running Custom Truck's price analysis, check to measure Custom Truck'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 Custom Truck is operating at the current time. Most of Custom Truck's value examination focuses on studying past and present price action to predict the probability of Custom Truck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Custom Truck's price. Additionally, you may evaluate how the addition of Custom Truck to your portfolios can decrease your overall portfolio volatility.
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Is Custom Truck's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Custom Truck. If investors know Custom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Custom Truck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share 0.09 | Revenue Per Share 7.486 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0316 |
The market value of Custom Truck One is measured differently than its book value, which is the value of Custom that is recorded on the company's balance sheet. Investors also form their own opinion of Custom Truck's value that differs from its market value or its book value, called intrinsic value, which is Custom Truck's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Custom Truck's market value can be influenced by many factors that don't directly affect Custom Truck's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Custom Truck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Custom Truck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Custom Truck'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.