Stantec Stock Technical Analysis
| STN Stock | CAD 113.51 0.24 0.21% |
As of the 7th of June, Stantec has the Coefficient Of Variation of 2839.97, semi deviation of 1.12, and Risk Adjusted Performance of 0.027. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Stantec, as well as the relationship between them.
Stantec Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Stantec, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StantecStantec |
Stantec 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.
Stantec Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Stantec volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Stantec Trend Analysis
Use this graph to draw trend lines for Stantec. You can use it to identify possible trend reversals for Stantec 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 Stantec price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Stantec Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Stantec applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that Stantec market price will keep on failing further. It has 122 observation points and a regression sum of squares at 146.15, which is the sum of squared deviations for the predicted Stantec price change compared to its average price change.About Stantec 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 Stantec 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 Stantec based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Stantec price pattern first instead of the macroeconomic environment surrounding Stantec. By analyzing Stantec'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 Stantec'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 Stantec specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.009145 | 0.0109 | 0.0134 | Price To Sales Ratio | 1.73 | 1.27 | 1.92 |
Stantec June 7, 2024 Technical Indicators
Most technical analysis of Stantec 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 Stantec from various momentum indicators to cycle indicators. When you analyze Stantec 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 | 0.027 | |||
| Market Risk Adjusted Performance | 0.0796 | |||
| Mean Deviation | 0.9503 | |||
| Semi Deviation | 1.12 | |||
| Downside Deviation | 1.24 | |||
| Coefficient Of Variation | 2839.97 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.55 | |||
| Information Ratio | 0.0066 | |||
| Jensen Alpha | 0.0214 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0066 | |||
| Treynor Ratio | 0.0696 | |||
| Maximum Drawdown | 7.0 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 2.12 | |||
| Downside Variance | 1.53 | |||
| Semi Variance | 1.26 | |||
| Expected Short fall | (0.94) | |||
| Skewness | 0.1349 | |||
| Kurtosis | 0.5177 |
Stantec June 7, 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 Stantec 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 | 3,368 | ||
| Daily Balance Of Power | (0.17) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 113.63 | ||
| Day Typical Price | 113.59 | ||
| Price Action Indicator | (0.24) |
Additional Information and Resources on Investing in Stantec Stock
When determining whether Stantec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stantec's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stantec Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stantec Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stantec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.