City Office Stock Technical Analysis
| CIO Stock | USD 4.64 0.07 1.53% |
As of the 23rd of April, City Office shows the Mean Deviation of 2.61, standard deviation of 3.8, and Risk Adjusted Performance of (0.02). City Office 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 collect and analyze data for thirteen technical drivers for City Office, which can be compared to its peers. Please confirm City Office market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if City Office is priced correctly, providing market reflects its regular price of 4.64 per share. Given that City Office has information ratio of (0.07), we suggest you to validate City Office's prevailing market performance to make sure the company can sustain itself at a future point.
City Office Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as City, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CityCity |
City Office Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 5.67 | Buy | 6 | Odds |
Most City 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 City stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of City Office, talking to its executives and customers, or listening to City conference calls.
City Office 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.
City Office Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 City Office volatility. High ATR values indicate high volatility, and low values indicate low volatility.
City Office Trend Analysis
Use this graph to draw trend lines for City Office. You can use it to identify possible trend reversals for City Office 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 City Office price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.City Office Best Fit Change Line
The following chart estimates an ordinary least squares regression model for City Office applied against its price change over selected period. The best fit line has a slop of 0.0042 , which may imply that the returns on investment in City Office will continue to fail. It has 122 observation points and a regression sum of squares at 0.66, which is the sum of squared deviations for the predicted City Office price change compared to its average price change.About City Office 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 City Office 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 City Office based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on City Office price pattern first instead of the macroeconomic environment surrounding City Office. By analyzing City Office'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 City Office'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 City Office specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0391 | 0.12 | 0.13 | 0.0642 | Price To Sales Ratio | 5.23 | 1.95 | 1.36 | 1.29 |
City Office April 23, 2024 Technical Indicators
Most technical analysis of City 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 City from various momentum indicators to cycle indicators. When you analyze City 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 2.61 | |||
| Coefficient Of Variation | (2,049) | |||
| Standard Deviation | 3.8 | |||
| Variance | 14.4 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 21.09 | |||
| Value At Risk | (5.52) | |||
| Potential Upside | 4.45 | |||
| Skewness | 1.18 | |||
| Kurtosis | 4.58 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in City Stock, please use our How to Invest in City Office guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for City Stock analysis
When running City Office's price analysis, check to measure City Office'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 City Office is operating at the current time. Most of City Office's value examination focuses on studying past and present price action to predict the probability of City Office's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move City Office's price. Additionally, you may evaluate how the addition of City Office to your portfolios can decrease your overall portfolio volatility.
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Is City Office'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 City Office. If investors know City 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 City Office 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 (0.52) | Dividend Share 0.5 | Earnings Share (0.25) | Revenue Per Share 4.486 | Quarterly Revenue Growth (0.01) |
The market value of City Office is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Office's value that differs from its market value or its book value, called intrinsic value, which is City Office'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 City Office's market value can be influenced by many factors that don't directly affect City Office'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 City Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Office'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.