Core Molding Technologies Stock Technical Analysis
CMT Stock | USD 19.04 0.02 0.10% |
As of the 18th of April 2024, Core Molding shows the Downside Deviation of 2.68, mean deviation of 1.88, and Risk Adjusted Performance of 0.0575. Core Molding Technologies 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 have collected data for nineteen technical drivers for Core Molding Technologies, which can be compared to its peers. Please confirm Core Molding Technologies standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Core Molding Technologies is priced correctly, providing market reflects its regular price of 19.04 per share. Given that Core Molding has jensen alpha of 0.1033, we suggest you to validate Core Molding Technologies's prevailing market performance to make sure the company can sustain itself at a future point.
Core Molding Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Core, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CoreCore |
Core Molding Analyst Consensus
Target Price | Advice | # of Analysts | |
28.0 | Strong Buy | 2 | Odds |
Most Core 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 Core stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Core Molding Technologies, talking to its executives and customers, or listening to Core conference calls.
Core Molding 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.
Core Molding Technologies Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Core Molding Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Core Molding Technologies Trend Analysis
Use this graph to draw trend lines for Core Molding Technologies. You can use it to identify possible trend reversals for Core Molding 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 Core Molding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Core Molding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Core Molding Technologies applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that Core Molding Technologies will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 33.65, which is the sum of squared deviations for the predicted Core Molding price change compared to its average price change.About Core Molding 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 Core Molding Technologies 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 Core Molding Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Core Molding Technologies price pattern first instead of the macroeconomic environment surrounding Core Molding Technologies. By analyzing Core Molding'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 Core Molding'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 Core Molding specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.0166 | 0.0158 | Price To Sales Ratio | 0.44 | 0.23 |
Core Molding April 18, 2024 Technical Indicators
Most technical analysis of Core 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 Core from various momentum indicators to cycle indicators. When you analyze Core 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 | 0.0575 | |||
Market Risk Adjusted Performance | 0.1119 | |||
Mean Deviation | 1.88 | |||
Semi Deviation | 2.54 | |||
Downside Deviation | 2.68 | |||
Coefficient Of Variation | 1258.9 | |||
Standard Deviation | 2.47 | |||
Variance | 6.12 | |||
Information Ratio | 0.057 | |||
Jensen Alpha | 0.1033 | |||
Total Risk Alpha | 0.008 | |||
Sortino Ratio | 0.0527 | |||
Treynor Ratio | 0.1019 | |||
Maximum Drawdown | 10.24 | |||
Value At Risk | (4.71) | |||
Potential Upside | 3.9 | |||
Downside Variance | 7.16 | |||
Semi Variance | 6.47 | |||
Expected Short fall | (1.87) | |||
Skewness | (0.20) | |||
Kurtosis | 0.7128 |
Core Molding April 18, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Core stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 721.20 | ||
Daily Balance Of Power | (0.05) | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 19.21 | ||
Day Typical Price | 19.15 | ||
Price Action Indicator | (0.18) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Molding Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Core Stock analysis
When running Core Molding's price analysis, check to measure Core Molding'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 Core Molding is operating at the current time. Most of Core Molding's value examination focuses on studying past and present price action to predict the probability of Core Molding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Molding's price. Additionally, you may evaluate how the addition of Core Molding to your portfolios can decrease your overall portfolio volatility.
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Is Core Molding'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 Core Molding. If investors know Core 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 Core Molding 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 (0.57) | Earnings Share 2.31 | Revenue Per Share 41.841 | Quarterly Revenue Growth (0.15) | Return On Assets 0.082 |
The market value of Core Molding Technologies is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Molding's value that differs from its market value or its book value, called intrinsic value, which is Core Molding'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 Core Molding's market value can be influenced by many factors that don't directly affect Core Molding'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 Core Molding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Molding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Molding'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.