Cinemark Holdings Stock Technical Analysis

CNK Stock  USD 18.29  0.05  0.27%   
As of the 19th of March, Cinemark Holdings shows the Mean Deviation of 1.6, risk adjusted performance of 0.1063, and Downside Deviation of 1.96. Cinemark Holdings 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 interpolate nineteen technical drivers for Cinemark Holdings, which can be compared to its rivals. Please confirm Cinemark Holdings jensen alpha, as well as the relationship between the potential upside and skewness to decide if Cinemark Holdings is priced correctly, providing market reflects its regular price of 18.29 per share. Given that Cinemark Holdings has jensen alpha of 0.1408, we suggest you to validate Cinemark Holdings's prevailing market performance to make sure the company can sustain itself at a future point.

Cinemark Holdings Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cinemark, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Cinemark
  
Cinemark Holdings' 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.

Cinemark Holdings Analyst Consensus

Target PriceAdvice# of Analysts
20.27Buy9Odds
Cinemark Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cinemark 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 Cinemark stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cinemark Holdings, talking to its executives and customers, or listening to Cinemark conference calls.
Cinemark Analyst Advice Details
Cinemark Holdings 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.
A focus of Cinemark Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cinemark Holdings 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...

Cinemark Holdings Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Cinemark Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cinemark Holdings Trend Analysis

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

Cinemark Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cinemark Holdings applied against its price change over selected period. The best fit line has a slop of   0.08  , which may imply that Cinemark Holdings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 249.42, which is the sum of squared deviations for the predicted Cinemark Holdings price change compared to its average price change.

About Cinemark Holdings 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 Cinemark Holdings 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 Cinemark Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cinemark Holdings price pattern first instead of the macroeconomic environment surrounding Cinemark Holdings. By analyzing Cinemark Holdings'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 Cinemark Holdings'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 Cinemark Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.02390.0419
Price To Sales Ratio0.70.66

Cinemark Holdings March 19, 2024 Technical Indicators

Most technical analysis of Cinemark 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 Cinemark from various momentum indicators to cycle indicators. When you analyze Cinemark 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.

Cinemark Holdings March 19, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Cinemark stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Cinemark Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cinemark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cinemark Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Cinemark Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cinemark Holdings. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Cinemark Stock please use our How to buy in Cinemark Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Cinemark Stock analysis

When running Cinemark Holdings' price analysis, check to measure Cinemark Holdings' 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 Cinemark Holdings is operating at the current time. Most of Cinemark Holdings' value examination focuses on studying past and present price action to predict the probability of Cinemark Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cinemark Holdings' price. Additionally, you may evaluate how the addition of Cinemark Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Cinemark Holdings' 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 Cinemark Holdings. If investors know Cinemark 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 Cinemark Holdings 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
(0.38)
Earnings Share
1.34
Revenue Per Share
25.749
Quarterly Revenue Growth
0.065
Return On Assets
0.0481
The market value of Cinemark Holdings is measured differently than its book value, which is the value of Cinemark that is recorded on the company's balance sheet. Investors also form their own opinion of Cinemark Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cinemark Holdings' 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 Cinemark Holdings' market value can be influenced by many factors that don't directly affect Cinemark Holdings' 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 Cinemark Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cinemark Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cinemark Holdings' 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.