Copart (Brazil) Technical Analysis
| C1PR34 Stock | BRL 139.71 3.09 2.16% |
As of the 10th of May, Copart shows the Risk Adjusted Performance of 0.1257, downside deviation of 2.15, and Mean Deviation of 0.742. Copart Inc 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 analyze nineteen technical drivers for Copart Inc, which can be compared to its peers. Please confirm Copart Inc standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Copart Inc is priced correctly, providing market reflects its regular price of 139.71 per share.
Copart Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Copart, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CopartCopart |
Copart 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.
Copart Inc Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Copart Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Copart Inc Trend Analysis
Use this graph to draw trend lines for Copart Inc. You can use it to identify possible trend reversals for Copart 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 Copart price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Copart Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Copart Inc applied against its price change over selected period. The best fit line has a slop of 0.32 , which means Copart Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3867.89, which is the sum of squared deviations for the predicted Copart price change compared to its average price change.About Copart 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 Copart Inc 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 Copart Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Copart Inc price pattern first instead of the macroeconomic environment surrounding Copart Inc. By analyzing Copart'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 Copart'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 Copart specific price patterns or momentum indicators. Please read more on our technical analysis page.
Copart May 10, 2024 Technical Indicators
Most technical analysis of Copart 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 Copart from various momentum indicators to cycle indicators. When you analyze Copart 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 | 0.1257 | |||
| Market Risk Adjusted Performance | (0.96) | |||
| Mean Deviation | 0.742 | |||
| Semi Deviation | 0.5474 | |||
| Downside Deviation | 2.15 | |||
| Coefficient Of Variation | 512.55 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.53 | |||
| Information Ratio | 0.1246 | |||
| Jensen Alpha | 0.2496 | |||
| Total Risk Alpha | 0.077 | |||
| Sortino Ratio | 0.0716 | |||
| Treynor Ratio | (0.97) | |||
| Maximum Drawdown | 7.91 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 2.69 | |||
| Downside Variance | 4.63 | |||
| Semi Variance | 0.2997 | |||
| Expected Short fall | (1.76) | |||
| Skewness | 0.8732 | |||
| Kurtosis | 4.15 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copart Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Copart Inc information on this page should be used as a complementary analysis to other Copart's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Copart Stock analysis
When running Copart's price analysis, check to measure Copart'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 Copart is operating at the current time. Most of Copart's value examination focuses on studying past and present price action to predict the probability of Copart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copart's price. Additionally, you may evaluate how the addition of Copart to your portfolios can decrease your overall portfolio volatility.
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