As of 18 of September CAC 40 owns Coefficient Of Variation of 2136.26. Macroaxis technical analysis interface gives you tools to check potential technical drivers of CAC 40 as well as the relationship between them. Strictly speaking you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for CAC 40 which can be compared to its peers in the sector. Please confirm CAC 40 Information Ratio as well as the relationship between Value At Risk and Expected Short fall to decide if CAC 40 is priced adequately providing market reflects its prevailing price of 5615.51 per share.
|Horizon||30 Days Login to change|
CAC 40 Trend AnalysisUse this graph to draw trend lines for CAC 40. You can use it to identify possible trend reversals for CAC 40 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 CAC 40 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
CAC 40 Best Fit Change LineThe following chart estimates an ordinary least squares regression model for CAC 40 applied against its price change over selected period. The best fit line has a slop of 0.73 % which may suggest that CAC 40 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 19925.1, which is the sum of squared deviations for the predicted CAC 40 price change compared to its average price change.
CAC 40 September 18, 2019 Technical Indicators
|Risk Adjusted Performance||0.0414|
|Coefficient Of Variation||2136.26|
|Total Risk Alpha||(0.00024261)|
|Value At Risk||(1.61)|
|Expected Short fall||(0.70)|
CAC 40 September 18, 2019 Daily Price Condition
|Daily Balance Of Power||0.42|
|Rate Of Daily Change||1.00|
|Day Median Price||5,604|
|Day Typical Price||5,608|
|Price Action Indicator||18.55|
|Market Facilitation Index||31.71|