Churchill Downs Incorporated Stock Technical Analysis
| CHDN Stock | USD 122.11 0.98 0.80% |
As of the 18th of February 2025, Churchill Downs shows the Standard Deviation of 1.1, risk adjusted performance of (0.16), and Mean Deviation of 0.8944. Churchill Downs 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.
Churchill Downs Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Churchill, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChurchillChurchill |
Churchill Downs Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 162.65 | Strong Buy | 11 | Odds |
Most Churchill 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 Churchill stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Churchill Downs, talking to its executives and customers, or listening to Churchill conference calls.
Churchill Downs 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.
Churchill Downs Technical Analysis
The output start index for this execution was twenty-one with a total number of output elements of fourty. 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 Churchill Downs volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Churchill Downs Trend Analysis
Use this graph to draw trend lines for Churchill Downs Incorporated. You can use it to identify possible trend reversals for Churchill Downs 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 Churchill Downs price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Churchill Downs Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Churchill Downs Incorporated applied against its price change over selected period. The best fit line has a slop of 0.37 , which may suggest that Churchill Downs Incorporated market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5210.56, which is the sum of squared deviations for the predicted Churchill Downs price change compared to its average price change.About Churchill Downs 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 Churchill Downs Incorporated 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 Churchill Downs Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Churchill Downs price pattern first instead of the macroeconomic environment surrounding Churchill Downs. By analyzing Churchill Downs'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 Churchill Downs'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 Churchill Downs specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.003244 | 0.002671 | 0.003071 | 0.002918 | Price To Sales Ratio | 4.43 | 4.12 | 3.71 | 3.9 |
Churchill Downs February 18, 2025 Technical Indicators
Most technical analysis of Churchill 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 Churchill from various momentum indicators to cycle indicators. When you analyze Churchill 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 | (0.16) | |||
| Market Risk Adjusted Performance | (0.42) | |||
| Mean Deviation | 0.8944 | |||
| Coefficient Of Variation | (436.10) | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.22 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.43) | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.73 | |||
| Skewness | 0.176 | |||
| Kurtosis | (0.39) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.089 | Dividend Share 0.382 | Earnings Share 5.53 | Revenue Per Share | Quarterly Revenue Growth 0.098 |
The market value of Churchill Downs is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' 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 Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' 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.