Cornerstone Bldg Brands Bond Technical Analysis
| 21925DAA7 | 89.75 26.75 42.46% |
As of the 30th of November, CORNERSTONE shows the mean deviation of 1.88, and Risk Adjusted Performance of 0.0503. Our technical analysis interface gives you tools to check practical technical drivers of CORNERSTONE BLDG BRANDS, as well as the relationship between them.
CORNERSTONE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CORNERSTONE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CORNERSTONECORNERSTONE |
CORNERSTONE technical bond 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, bond market cycles, or different charting patterns.
CORNERSTONE BLDG BRANDS Trend Analysis
Use this graph to draw trend lines for CORNERSTONE BLDG BRANDS. You can use it to identify possible trend reversals for CORNERSTONE 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 CORNERSTONE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CORNERSTONE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CORNERSTONE BLDG BRANDS applied against its price change over selected period. The best fit line has a slop of 0.04 , which means CORNERSTONE BLDG BRANDS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 54.92, which is the sum of squared deviations for the predicted CORNERSTONE price change compared to its average price change.About CORNERSTONE 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 CORNERSTONE BLDG BRANDS 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 CORNERSTONE BLDG BRANDS based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on CORNERSTONE BLDG BRANDS price pattern first instead of the macroeconomic environment surrounding CORNERSTONE BLDG BRANDS. By analyzing CORNERSTONE'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 CORNERSTONE'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 CORNERSTONE specific price patterns or momentum indicators. Please read more on our technical analysis page.
CORNERSTONE November 30, 2024 Technical Indicators
Most technical analysis of CORNERSTONE 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 CORNERSTONE from various momentum indicators to cycle indicators. When you analyze CORNERSTONE 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 | 0.0503 | |||
| Market Risk Adjusted Performance | 0.8401 | |||
| Mean Deviation | 1.88 | |||
| Semi Deviation | 4.04 | |||
| Downside Deviation | 5.15 | |||
| Coefficient Of Variation | 1842.83 | |||
| Standard Deviation | 6.32 | |||
| Variance | 39.94 | |||
| Information Ratio | 0.0325 | |||
| Jensen Alpha | 0.2818 | |||
| Total Risk Alpha | (0.72) | |||
| Sortino Ratio | 0.0399 | |||
| Treynor Ratio | 0.8301 | |||
| Maximum Drawdown | 47.87 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 2.24 | |||
| Downside Variance | 26.53 | |||
| Semi Variance | 16.32 | |||
| Expected Short fall | (2.06) | |||
| Skewness | 3.62 | |||
| Kurtosis | 35.04 |
Other Information on Investing in CORNERSTONE Bond
CORNERSTONE financial ratios help investors to determine whether CORNERSTONE Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CORNERSTONE with respect to the benefits of owning CORNERSTONE security.