Duke Energy Corp Stock Technical Analysis
| DUKB Stock | USD 24.07 0.08 0.33% |
As of the 24th of April, Duke Energy shows the Mean Deviation of 0.3999, variance of 0.2965, and Standard Deviation of 0.5445. Duke Energy Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 collect data for thirteen technical drivers for Duke Energy Corp, which can be compared to its peers. Please confirm Duke Energy Corp standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Duke Energy Corp is priced favorably, providing market reflects its regular price of 24.07 per share. Given that Duke Energy has information ratio of (0.21), we urge you to verify Duke Energy Corp's prevailing market performance to make sure the company can sustain itself at a future point.
Duke Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Duke, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DukeDuke |
Duke Energy 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.
Duke Energy Corp Technical Analysis
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 Duke Energy Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Duke Energy Corp Trend Analysis
Use this graph to draw trend lines for Duke Energy Corp. You can use it to identify possible trend reversals for Duke Energy 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 Duke Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Duke Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Duke Energy Corp applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Duke Energy Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 8.31, which is the sum of squared deviations for the predicted Duke Energy price change compared to its average price change.About Duke Energy 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 Duke Energy Corp 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 Duke Energy Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Duke Energy Corp price pattern first instead of the macroeconomic environment surrounding Duke Energy Corp. By analyzing Duke Energy'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 Duke Energy'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 Duke Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0386 | 0.0434 | 0.0625 | Price To Sales Ratio | 3.21 | 2.57 | 2.7 |
Duke Energy April 24, 2024 Technical Indicators
Most technical analysis of Duke 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 Duke from various momentum indicators to cycle indicators. When you analyze Duke 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 0.3999 | |||
| Coefficient Of Variation | (3,049) | |||
| Standard Deviation | 0.5445 | |||
| Variance | 0.2965 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 2.47 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 0.7171 | |||
| Skewness | (0.83) | |||
| Kurtosis | 1.54 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duke Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For information on how to trade Duke Stock refer to our How to Trade Duke Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Duke Stock analysis
When running Duke Energy's price analysis, check to measure Duke Energy'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 Duke Energy is operating at the current time. Most of Duke Energy's value examination focuses on studying past and present price action to predict the probability of Duke Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duke Energy's price. Additionally, you may evaluate how the addition of Duke Energy to your portfolios can decrease your overall portfolio volatility.
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Is Duke Energy'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 Duke Energy. If investors know Duke 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 Duke Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Duke Energy Corp is measured differently than its book value, which is the value of Duke that is recorded on the company's balance sheet. Investors also form their own opinion of Duke Energy's value that differs from its market value or its book value, called intrinsic value, which is Duke Energy'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 Duke Energy's market value can be influenced by many factors that don't directly affect Duke Energy'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 Duke Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duke Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duke Energy'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.