Creative Global Technology Stock Technical Analysis
| CGTL Stock | 7.83 0.17 2.12% |
As of the 20th of December, Creative Global shows the mean deviation of 9.15, and Risk Adjusted Performance of 0.2988. Creative Global Tech 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 Creative Global Tech market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Creative Global Tech is priced correctly, providing market reflects its regular price of 7.83 per share. Given that Creative Global has information ratio of 0.3619, we suggest you to validate Creative Global Technology's prevailing market performance to make sure the company can sustain itself at a future point.
Creative Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Creative, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CreativeCreative |
Creative Global 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.
Creative Global Tech Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Creative Global Tech volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Creative Global Tech Trend Analysis
Use this graph to draw trend lines for Creative Global Technology. You can use it to identify possible trend reversals for Creative Global 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 Creative Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Creative Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Creative Global Technology applied against its price change over selected period. The best fit line has a slop of 0.36 , which means Creative Global Technology will continue generating value for investors. It has 38 observation points and a regression sum of squares at 149.1, which is the sum of squared deviations for the predicted Creative Global price change compared to its average price change.About Creative Global 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 Creative Global Technology 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 Creative Global Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Creative Global Tech price pattern first instead of the macroeconomic environment surrounding Creative Global Tech. By analyzing Creative Global'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 Creative Global'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 Creative Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Creative Global December 20, 2024 Technical Indicators
Most technical analysis of Creative 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 Creative from various momentum indicators to cycle indicators. When you analyze Creative 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.
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| Risk Adjusted Performance | 0.2988 | |||
| Market Risk Adjusted Performance | 52.49 | |||
| Mean Deviation | 9.15 | |||
| Coefficient Of Variation | 274.36 | |||
| Standard Deviation | 13.09 | |||
| Variance | 171.29 | |||
| Information Ratio | 0.3619 | |||
| Jensen Alpha | 4.76 | |||
| Total Risk Alpha | 4.37 | |||
| Treynor Ratio | 52.48 | |||
| Maximum Drawdown | 51.48 | |||
| Value At Risk | (12.81) | |||
| Potential Upside | 38.67 | |||
| Skewness | 1.34 | |||
| Kurtosis | 1.9 |
Creative Global December 20, 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 Creative 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 | 4,594 | ||
| Daily Balance Of Power | (0.20) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 8.18 | ||
| Day Typical Price | 8.06 | ||
| Price Action Indicator | (0.43) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Creative Global Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Wholesale 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 Creative Global. If investors know Creative 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 Creative Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Creative Global Tech is measured differently than its book value, which is the value of Creative that is recorded on the company's balance sheet. Investors also form their own opinion of Creative Global's value that differs from its market value or its book value, called intrinsic value, which is Creative Global's 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 Creative Global's market value can be influenced by many factors that don't directly affect Creative Global's 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 Creative Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Creative Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Creative Global's 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.