Charter Communications Stock Technical Analysis

CHTR Stock  USD 265.08  0.13  0.05%   
As of the 23rd of April, Charter Communications shows the risk adjusted performance of (0.09), and Mean Deviation of 1.8. Charter Communications 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 thirteen technical drivers for Charter Communications, which can be compared to its peers. Please confirm Charter Communications risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Charter Communications is priced correctly, providing market reflects its regular price of 265.08 per share. Given that Charter Communications has information ratio of (0.19), we suggest you to validate Charter Communications's prevailing market performance to make sure the company can sustain itself at a future point.

Charter Communications Momentum Analysis

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

Charter Communications Analyst Consensus

Target PriceAdvice# of Analysts
487.82Buy27Odds
Charter Communications current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Charter 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 Charter stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Charter Communications, talking to its executives and customers, or listening to Charter conference calls.
Charter Analyst Advice Details
Charter Communications 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 Charter Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Charter Communications 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...

Charter Communications Technical Analysis

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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 Charter Communications volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Charter Communications Trend Analysis

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

Charter Communications Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Charter Communications applied against its price change over selected period. The best fit line has a slop of   1.18  , which may suggest that Charter Communications market price will keep on failing further. It has 122 observation points and a regression sum of squares at 52560.32, which is the sum of squared deviations for the predicted Charter Communications price change compared to its average price change.

About Charter Communications 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 Charter Communications 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 Charter Communications based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Charter Communications price pattern first instead of the macroeconomic environment surrounding Charter Communications. By analyzing Charter Communications'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 Charter Communications'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 Charter Communications specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
Dividend Yield3.67E-43.79E-44.36E-4
Price To Sales Ratio2.321.011.06

Charter Communications April 23, 2024 Technical Indicators

Most technical analysis of Charter 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 Charter from various momentum indicators to cycle indicators. When you analyze Charter 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.
When determining whether Charter Communications is a strong investment it is important to analyze Charter Communications' 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 Charter Communications' future performance. For an informed investment choice regarding Charter Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Charter Communications. 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.
To learn how to invest in Charter Stock, please use our How to Invest in Charter Communications guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Charter Stock analysis

When running Charter Communications' price analysis, check to measure Charter Communications' 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 Charter Communications is operating at the current time. Most of Charter Communications' value examination focuses on studying past and present price action to predict the probability of Charter Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charter Communications' price. Additionally, you may evaluate how the addition of Charter Communications to your portfolios can decrease your overall portfolio volatility.
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Is Charter Communications' 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 Charter Communications. If investors know Charter 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 Charter Communications 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
(0.08)
Earnings Share
29.98
Revenue Per Share
365.979
Quarterly Revenue Growth
0.003
Return On Assets
0.0527
The market value of Charter Communications is measured differently than its book value, which is the value of Charter that is recorded on the company's balance sheet. Investors also form their own opinion of Charter Communications' value that differs from its market value or its book value, called intrinsic value, which is Charter Communications' 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 Charter Communications' market value can be influenced by many factors that don't directly affect Charter Communications' 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 Charter Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Charter Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charter Communications' 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.