Canadian OTC Stock Technical Analysis

CDUUF -  USA Stock  

USD 28.50  0.00  0.00%

As of the 27th of January, Canadian Utilities shows the risk adjusted performance of 0.0836, and Mean Deviation of 0.41. Canadian Utilities 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 Canadian Utilities, which can be compared to its rivals. Please confirm Canadian Utilities coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Canadian Utilities is priced correctly, providing market reflects its regular price of 28.5 per share. Given that Canadian Utilities has jensen alpha of 0.1103, we suggest you to validate Canadian Utilities's prevailing market performance to make sure the company can sustain itself at a future point.

Canadian Technical Analysis 

 
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Canadian Utilities technical otc 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 Canadian Utilities technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian Utilities 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...

Canadian Utilities Technical Analysis

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Illegal number of arguments. 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 Canadian Utilities volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Canadian Utilities Trend Analysis

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

Canadian Utilities Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Canadian Utilities applied against its price change over selected period. The best fit line has a slop of   0.003343  , which means Canadian Utilities will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.42, which is the sum of squared deviations for the predicted Canadian Utilities price change compared to its average price change.

About Canadian Utilities 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 Canadian Utilities 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 Canadian Utilities based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canadian Utilities stock first instead of the macroeconomic environment surrounding Canadian Utilities. By analyzing Canadian Utilities'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 Canadian Utilities'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 Canadian Utilities specific price patterns or momentum indicators. Please read more on our technical analysis page.

Canadian Utilities January 27, 2022 Technical Indicators

Most technical analysis of Canadian 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 Canadian from various momentum indicators to cycle indicators. When you analyze Canadian 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.
Continue to Trending Equities. Note that the Canadian Utilities information on this page should be used as a complementary analysis to other Canadian Utilities' 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Canadian OTC Stock analysis

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