Corsa Coal Corp Stock Technical Analysis

CSO Stock  CAD 0.36  0.01  2.86%   
As of the 1st of May, Corsa Coal shows the Risk Adjusted Performance of 0.0251, mean deviation of 3.71, and Downside Deviation of 5.74. Corsa Coal Corp 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 interpolate nineteen technical drivers for Corsa Coal Corp, which can be compared to its peers. Please confirm Corsa Coal Corp treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Corsa Coal Corp is priced correctly, providing market reflects its regular price of 0.36 per share.

Corsa Coal Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Corsa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Corsa
  
Corsa Coal's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Corsa Coal 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.
A focus of Corsa Coal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Corsa Coal 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...

Corsa Coal Corp Technical Analysis

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The output start index for this execution was fifteen with a total number of output elements of fourty-six. 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 Corsa Coal Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Corsa Coal Corp Trend Analysis

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

Corsa Coal Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Corsa Coal Corp applied against its price change over selected period. The best fit line has a slop of   0.001  , which may suggest that Corsa Coal Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Corsa Coal price change compared to its average price change.

About Corsa Coal 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 Corsa Coal Corp 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 Corsa Coal Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Corsa Coal Corp price pattern first instead of the macroeconomic environment surrounding Corsa Coal Corp. By analyzing Corsa Coal'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 Corsa Coal'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 Corsa Coal specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding60.2723.7326.2427.05
PTB Ratio0.570.250.360.35

Corsa Coal May 1, 2024 Technical Indicators

Most technical analysis of Corsa 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 Corsa from various momentum indicators to cycle indicators. When you analyze Corsa 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corsa Coal Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Corsa Stock analysis

When running Corsa Coal's price analysis, check to measure Corsa Coal'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 Corsa Coal is operating at the current time. Most of Corsa Coal's value examination focuses on studying past and present price action to predict the probability of Corsa Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsa Coal's price. Additionally, you may evaluate how the addition of Corsa Coal to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Corsa Coal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corsa Coal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corsa Coal'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.