Quebecor Stock Technical Analysis

QBCAF Stock  USD 21.60  3.60  14.29%   
As of the 19th of April, Quebecor holds the Coefficient Of Variation of (640.16), risk adjusted performance of (0.09), and Variance of 3.41. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Quebecor, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze eleven technical drivers for Quebecor, which can be compared to its competitors. Please check Quebecor variance, as well as the relationship between the treynor ratio and skewness to decide if Quebecor is priced some-what accurately, providing market reflects its current price of 21.6 per share. Given that Quebecor has variance of 3.41, we recommend you to check out Quebecor's recent market performance to make sure the company can sustain itself at a future point.

Quebecor Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Quebecor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Quebecor
  
Quebecor'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.
Quebecor technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Quebecor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Quebecor 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...

Quebecor Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. 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 Quebecor volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Quebecor Trend Analysis

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

Quebecor Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Quebecor applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Quebecor market price will keep on failing further. It has 122 observation points and a regression sum of squares at 19.76, which is the sum of squared deviations for the predicted Quebecor price change compared to its average price change.

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

Quebecor April 19, 2024 Technical Indicators

Most technical analysis of Quebecor 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 Quebecor from various momentum indicators to cycle indicators. When you analyze Quebecor 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quebecor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Quebecor information on this page should be used as a complementary analysis to other Quebecor'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 the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Quebecor Pink Sheet analysis

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