Codere Online Luxembourg Stock Technical Analysis
| CDROW Stock | USD 0.84 0.02 2.44% |
As of the 1st of December, Codere Online shows the mean deviation of 5.33, and Risk Adjusted Performance of 0.0091. Codere Online Luxembourg 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. Please confirm Codere Online Luxembourg market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Codere Online Luxembourg is priced correctly, providing market reflects its regular price of 0.84 per share. Given that Codere Online is a hitting penny stock territory we recommend to closely look at its total risk alpha.
Codere Online Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Codere, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CodereCodere |
Codere Online 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.
Codere Online Luxembourg Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Codere Online Luxembourg volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Codere Online Luxembourg Trend Analysis
Use this graph to draw trend lines for Codere Online Luxembourg. You can use it to identify possible trend reversals for Codere Online 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 Codere Online price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Codere Online Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Codere Online Luxembourg applied against its price change over selected period. The best fit line has a slop of 0.0007 , which may suggest that Codere Online Luxembourg market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Codere Online price change compared to its average price change.About Codere Online 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 Codere Online Luxembourg 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 Codere Online Luxembourg based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Codere Online Luxembourg price pattern first instead of the macroeconomic environment surrounding Codere Online Luxembourg. By analyzing Codere Online'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 Codere Online'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 Codere Online specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 48.25 | 3.54 | 3.18 | 3.02 | Receivables Turnover | 24.44 | 27.49 | 24.74 | 27.69 |
Codere Online December 1, 2024 Technical Indicators
Most technical analysis of Codere 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 Codere from various momentum indicators to cycle indicators. When you analyze Codere 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 | 0.0091 | |||
| Market Risk Adjusted Performance | 0.0478 | |||
| Mean Deviation | 5.33 | |||
| Semi Deviation | 6.82 | |||
| Downside Deviation | 8.63 | |||
| Coefficient Of Variation | 797997.76 | |||
| Standard Deviation | 7.52 | |||
| Variance | 56.54 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0215 | |||
| Total Risk Alpha | (1.26) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0378 | |||
| Maximum Drawdown | 37.55 | |||
| Value At Risk | (13.68) | |||
| Potential Upside | 13.48 | |||
| Downside Variance | 74.44 | |||
| Semi Variance | 46.52 | |||
| Expected Short fall | (7.04) | |||
| Skewness | (0.09) | |||
| Kurtosis | 0.6058 |
Additional Tools for Codere Stock Analysis
When running Codere Online's price analysis, check to measure Codere Online'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 Codere Online is operating at the current time. Most of Codere Online's value examination focuses on studying past and present price action to predict the probability of Codere Online's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codere Online's price. Additionally, you may evaluate how the addition of Codere Online to your portfolios can decrease your overall portfolio volatility.