Cirrus Logic Stock Technical Analysis
| CRUS Stock | USD 85.25 0.56 0.65% |
As of the 18th of April 2024, Cirrus Logic shows the Risk Adjusted Performance of 0.0483, downside deviation of 1.61, and Mean Deviation of 1.58. Cirrus Logic 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 are able to break down and analyze data for nineteen technical drivers for Cirrus Logic, which can be compared to its peers. Please confirm Cirrus Logic standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Cirrus Logic is priced correctly, providing market reflects its regular price of 85.25 per share. Given that Cirrus Logic has jensen alpha of 0.0677, we suggest you to validate Cirrus Logic's prevailing market performance to make sure the company can sustain itself at a future point.
Cirrus Logic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cirrus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CirrusCirrus |
Cirrus Logic Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 94.13 | Strong Buy | 9 | Odds |
Most Cirrus 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 Cirrus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cirrus Logic, talking to its executives and customers, or listening to Cirrus conference calls.
Cirrus Logic 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.
Cirrus Logic Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Cirrus Logic volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cirrus Logic Trend Analysis
Use this graph to draw trend lines for Cirrus Logic. You can use it to identify possible trend reversals for Cirrus Logic 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 Cirrus Logic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cirrus Logic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cirrus Logic applied against its price change over selected period. The best fit line has a slop of 0.13 , which means Cirrus Logic will continue generating value for investors. It has 122 observation points and a regression sum of squares at 607.65, which is the sum of squared deviations for the predicted Cirrus Logic price change compared to its average price change.About Cirrus Logic 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 Cirrus Logic 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 Cirrus Logic based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cirrus Logic price pattern first instead of the macroeconomic environment surrounding Cirrus Logic. By analyzing Cirrus Logic'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 Cirrus Logic'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 Cirrus Logic specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0109 | 0.0103 | Price To Sales Ratio | 1.68 | 2.95 |
Cirrus Logic April 18, 2024 Technical Indicators
Most technical analysis of Cirrus 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 Cirrus from various momentum indicators to cycle indicators. When you analyze Cirrus 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 | 0.0483 | |||
| Market Risk Adjusted Performance | 0.0928 | |||
| Mean Deviation | 1.58 | |||
| Semi Deviation | 1.52 | |||
| Downside Deviation | 1.61 | |||
| Coefficient Of Variation | 1544.94 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.13 | |||
| Information Ratio | 0.0423 | |||
| Jensen Alpha | 0.0677 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.065 | |||
| Treynor Ratio | 0.0828 | |||
| Maximum Drawdown | 18.21 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 3.26 | |||
| Downside Variance | 2.6 | |||
| Semi Variance | 2.3 | |||
| Expected Short fall | (2.01) | |||
| Skewness | 3.05 | |||
| Kurtosis | 16.94 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cirrus Logic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Cirrus Stock analysis
When running Cirrus Logic's price analysis, check to measure Cirrus Logic'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 Cirrus Logic is operating at the current time. Most of Cirrus Logic's value examination focuses on studying past and present price action to predict the probability of Cirrus Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cirrus Logic's price. Additionally, you may evaluate how the addition of Cirrus Logic to your portfolios can decrease your overall portfolio volatility.
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Is Cirrus Logic'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 Cirrus Logic. If investors know Cirrus 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 Cirrus Logic 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 0.366 | Earnings Share 3.16 | Revenue Per Share 32.758 | Quarterly Revenue Growth 0.048 | Return On Assets 0.0931 |
The market value of Cirrus Logic is measured differently than its book value, which is the value of Cirrus that is recorded on the company's balance sheet. Investors also form their own opinion of Cirrus Logic's value that differs from its market value or its book value, called intrinsic value, which is Cirrus Logic'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 Cirrus Logic's market value can be influenced by many factors that don't directly affect Cirrus Logic'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 Cirrus Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cirrus Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cirrus Logic'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.