Comerica Stock Technical Analysis
CMA Stock | USD 72.32 0.32 0.44% |
As of the 28th of November, Comerica shows the Downside Deviation of 1.74, mean deviation of 1.44, and Risk Adjusted Performance of 0.1565. Comerica 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.
Comerica Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Comerica, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ComericaComerica |
Comerica Analyst Consensus
Target Price | Advice | # of Analysts | |
50.05 | Buy | 24 | Odds |
Most Comerica 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 Comerica stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Comerica, talking to its executives and customers, or listening to Comerica conference calls.
Comerica 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.
Comerica Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Comerica volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Comerica Trend Analysis
Use this graph to draw trend lines for Comerica. You can use it to identify possible trend reversals for Comerica 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 Comerica price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Comerica Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Comerica applied against its price change over selected period. The best fit line has a slop of 0.27 , which may imply that Comerica will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2759.52, which is the sum of squared deviations for the predicted Comerica price change compared to its average price change.About Comerica 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 Comerica 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 Comerica based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Comerica price pattern first instead of the macroeconomic environment surrounding Comerica. By analyzing Comerica'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 Comerica'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 Comerica specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0334 | 0.0429 | 0.0535 | 0.0385 | Price To Sales Ratio | 3.96 | 2.48 | 2.05 | 2.35 |
Comerica November 28, 2024 Technical Indicators
Most technical analysis of Comerica 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 Comerica from various momentum indicators to cycle indicators. When you analyze Comerica 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 | 0.1565 | |||
Market Risk Adjusted Performance | 0.2199 | |||
Mean Deviation | 1.44 | |||
Semi Deviation | 1.37 | |||
Downside Deviation | 1.74 | |||
Coefficient Of Variation | 509.42 | |||
Standard Deviation | 2.14 | |||
Variance | 4.58 | |||
Information Ratio | 0.1353 | |||
Jensen Alpha | 0.1748 | |||
Total Risk Alpha | 0.073 | |||
Sortino Ratio | 0.1665 | |||
Treynor Ratio | 0.2099 | |||
Maximum Drawdown | 14.1 | |||
Value At Risk | (2.64) | |||
Potential Upside | 3.23 | |||
Downside Variance | 3.02 | |||
Semi Variance | 1.87 | |||
Expected Short fall | (1.60) | |||
Skewness | 1.73 | |||
Kurtosis | 8.67 |
Complementary Tools for Comerica Stock analysis
When running Comerica's price analysis, check to measure Comerica'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 Comerica is operating at the current time. Most of Comerica's value examination focuses on studying past and present price action to predict the probability of Comerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comerica's price. Additionally, you may evaluate how the addition of Comerica to your portfolios can decrease your overall portfolio volatility.
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