Cedar Stock Technical Analysis

FUN -  USA Stock  

USD 44.69  0.45  1.02%

As of the 20th of September, Cedar Fair shows the mean deviation of 1.55, and Risk Adjusted Performance of (0.00021741). Cedar Fair LP 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 Cedar Fair LP, which can be compared to its rivals. Please confirm Cedar Fair LP standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Cedar Fair LP is priced correctly, providing market reflects its regular price of 44.69 per share. Given that Cedar Fair has jensen alpha of (0.06), we suggest you to validate Cedar Fair LP's prevailing market performance to make sure the company can sustain itself at a future point.

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Cedar Fair Analyst Consensus

Target PriceAdvice# of Analysts
60.2Strong Buy5Odds
Cedar Fair LP current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cedar 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 Cedar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cedar Fair LP, talking to its executives and customers, or listening to Cedar conference calls.
Cedar Analyst Advice Details
Cedar Fair 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 Cedar Fair technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cedar Fair 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...

Cedar Fair LP Technical Analysis

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 Cedar Fair LP volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Cedar Fair LP Trend Analysis

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

Cedar Fair Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cedar Fair LP applied against its price change over selected period. The best fit line has a slop of   0.002845  , which may imply that Cedar Fair LP will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.31, which is the sum of squared deviations for the predicted Cedar Fair price change compared to its average price change.

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

Cedar Fair September 20, 2021 Technical Indicators

Most technical analysis of Cedar 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 Cedar from various momentum indicators to cycle indicators. When you analyze Cedar 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.

Cedar Fair September 20, 2021 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 Cedar 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.
Please check Investing Opportunities. Note that the Cedar Fair LP information on this page should be used as a complementary analysis to other Cedar Fair'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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Cedar Stock analysis

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