Chugai OTC Stock Technical Analysis

CHGCF -  USA Stock  

USD 32.52  3.72  10.26%

As of the 4th of December, Chugai Pharmaceutical shows the mean deviation of 0.8403, and Risk Adjusted Performance of (0.08). Chugai Pharmaceutical 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 break down nineteen technical drivers for Chugai Pharmaceutical, which can be compared to its rivals. Please confirm Chugai Pharmaceutical treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Chugai Pharmaceutical is priced correctly, providing market reflects its regular price of 32.52 per share. Given that Chugai Pharmaceutical has jensen alpha of (0.22), we suggest you to validate Chugai Pharmaceutical's prevailing market performance to make sure the company can sustain itself at a future point.

Chugai Technical Analysis 

 
Refresh
Chugai Pharmaceutical 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 Chugai Pharmaceutical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chugai Pharmaceutical 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...

Chugai Pharmaceutical Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Chugai Pharmaceutical volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Chugai Pharmaceutical Trend Analysis

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

Chugai Pharmaceutical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Chugai Pharmaceutical applied against its price change over selected period. The best fit line has a slop of   -0.08  , which may suggest that Chugai Pharmaceutical market price will keep on failing further. It has 122 observation points and a regression sum of squares at 234.72, which is the sum of squared deviations for the predicted Chugai Pharmaceutical price change compared to its average price change.

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

Chugai Pharmaceutical December 4, 2021 Technical Indicators

Most technical analysis of Chugai 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 Chugai from various momentum indicators to cycle indicators. When you analyze Chugai 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 Chugai Pharmaceutical information on this page should be used as a complementary analysis to other Chugai Pharmaceutical'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Chugai OTC Stock analysis

When running Chugai Pharmaceutical price analysis, check to measure Chugai Pharmaceutical'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 Chugai Pharmaceutical is operating at the current time. Most of Chugai Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of Chugai Pharmaceutical's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Chugai Pharmaceutical's price. Additionally, you may evaluate how the addition of Chugai Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Is Chugai Pharmaceutical'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 Chugai Pharmaceutical. If investors know Chugai 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 Chugai Pharmaceutical 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 Chugai Pharmaceutical is measured differently than its book value, which is the value of Chugai that is recorded on the company's balance sheet. Investors also form their own opinion of Chugai Pharmaceutical's value that differs from its market value or its book value, called intrinsic value, which is Chugai Pharmaceutical'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 Chugai Pharmaceutical's market value can be influenced by many factors that don't directly affect Chugai Pharmaceutical'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 Chugai Pharmaceutical's value and its price as these two are different measures arrived at by different means. Investors typically determine Chugai Pharmaceutical value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chugai Pharmaceutical'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.