Cts Corporation Stock Technical Analysis

CTS Stock  USD 43.10  0.70  1.60%   
As of the 18th of April 2024, CTS shows the mean deviation of 1.57, and Risk Adjusted Performance of 0.0328. CTS Corporation 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 and analyze data for nineteen technical drivers for CTS Corporation, which can be compared to its peers. Please confirm CTS Corporation variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if CTS Corporation is priced some-what accurately, providing market reflects its regular price of 43.1 per share. Given that CTS has jensen alpha of (0.01), we suggest you to validate CTS Corporation's prevailing market performance to make sure the company can sustain itself at some point in the future.

CTS Momentum Analysis

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

CTS Analyst Consensus

Target PriceAdvice# of Analysts
44.33Hold3Odds
CTS Corporation current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CTS 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 CTS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CTS Corporation, talking to its executives and customers, or listening to CTS conference calls.
CTS Analyst Advice Details
CTS 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 CTS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CTS 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...

CTS Corporation Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 CTS Corporation volatility. High ATR values indicate high volatility, and low values indicate low volatility.

CTS Corporation Trend Analysis

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

CTS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CTS Corporation applied against its price change over selected period. The best fit line has a slop of   0.05  , which may imply that CTS Corporation will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 88.11, which is the sum of squared deviations for the predicted CTS price change compared to its average price change.

About CTS 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 CTS Corporation 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 CTS Corporation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CTS Corporation price pattern first instead of the macroeconomic environment surrounding CTS Corporation. By analyzing CTS'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 CTS'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 CTS specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
Dividend Yield0.0043580.0040720.003674
Price To Sales Ratio2.312.152.49

CTS April 18, 2024 Technical Indicators

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

CTS April 18, 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 CTS 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 CTS Corporation is a strong investment it is important to analyze CTS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CTS's future performance. For an informed investment choice regarding CTS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CTS Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for CTS Stock analysis

When running CTS's price analysis, check to measure CTS'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 CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.
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Is CTS'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 CTS. If investors know CTS 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 CTS 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
0.044
Dividend Share
0.16
Earnings Share
1.92
Revenue Per Share
17.552
Quarterly Revenue Growth
(0.12)
The market value of CTS Corporation is measured differently than its book value, which is the value of CTS that is recorded on the company's balance sheet. Investors also form their own opinion of CTS's value that differs from its market value or its book value, called intrinsic value, which is CTS'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 CTS's market value can be influenced by many factors that don't directly affect CTS'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 CTS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CTS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CTS'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.