Cochlear Limited Stock Technical Analysis
CHEOF Stock | USD 204.04 8.96 4.21% |
As of the 25th of April, Cochlear shows the risk adjusted performance of 0.0162, and Mean Deviation of 0.9752. Cochlear Limited 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 nineteen technical drivers for Cochlear Limited, which can be compared to its peers. Please confirm Cochlear Limited jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Cochlear Limited is priced correctly, providing market reflects its regular price of 204.04 per share. Given that Cochlear has jensen alpha of (0.01), we suggest you to validate Cochlear Limited's prevailing market performance to make sure the company can sustain itself at a future point.
Cochlear Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cochlear, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CochlearCochlear |
Cochlear 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.
Cochlear Limited Technical Analysis
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 Cochlear Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cochlear Limited Trend Analysis
Use this graph to draw trend lines for Cochlear Limited. You can use it to identify possible trend reversals for Cochlear 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 Cochlear price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cochlear Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cochlear Limited applied against its price change over selected period. The best fit line has a slop of 0.12 , which means Cochlear Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 506.4, which is the sum of squared deviations for the predicted Cochlear price change compared to its average price change.About Cochlear 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 Cochlear Limited 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 Cochlear Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cochlear Limited price pattern first instead of the macroeconomic environment surrounding Cochlear Limited. By analyzing Cochlear'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 Cochlear'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 Cochlear specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cochlear April 25, 2024 Technical Indicators
Most technical analysis of Cochlear 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 Cochlear from various momentum indicators to cycle indicators. When you analyze Cochlear 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 | 0.0162 | |||
Market Risk Adjusted Performance | 0.0618 | |||
Mean Deviation | 0.9752 | |||
Semi Deviation | 1.66 | |||
Downside Deviation | 2.78 | |||
Coefficient Of Variation | 6205.86 | |||
Standard Deviation | 1.63 | |||
Variance | 2.65 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.19) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0518 | |||
Maximum Drawdown | 8.95 | |||
Value At Risk | (2.79) | |||
Potential Upside | 2.19 | |||
Downside Variance | 7.71 | |||
Semi Variance | 2.76 | |||
Expected Short fall | (1.24) | |||
Skewness | (1.24) | |||
Kurtosis | 4.96 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cochlear Limited. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Cochlear Pink Sheet analysis
When running Cochlear's price analysis, check to measure Cochlear'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 Cochlear is operating at the current time. Most of Cochlear's value examination focuses on studying past and present price action to predict the probability of Cochlear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cochlear's price. Additionally, you may evaluate how the addition of Cochlear to your portfolios can decrease your overall portfolio volatility.
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