Colgate Palmolive Stock Technical Analysis
CL Stock | USD 96.63 0.13 0.13% |
As of the 30th of November, Colgate Palmolive shows the Mean Deviation of 0.8131, standard deviation of 1.13, and Risk Adjusted Performance of (0.08). Colgate Palmolive 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 Colgate Palmolive standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Colgate Palmolive is priced correctly, providing market reflects its regular price of 96.63 per share. Given that Colgate Palmolive has information ratio of (0.23), we suggest you to validate Colgate Palmolive's prevailing market performance to make sure the company can sustain itself at a future point.
Colgate Palmolive Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Colgate, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ColgateColgate |
Colgate Palmolive Analyst Consensus
Target Price | Advice | # of Analysts | |
81.35 | Buy | 23 | Odds |
Most Colgate 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 Colgate stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Colgate Palmolive, talking to its executives and customers, or listening to Colgate conference calls.
Colgate Palmolive 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.
Colgate Palmolive Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Colgate Palmolive volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Colgate Palmolive Trend Analysis
Use this graph to draw trend lines for Colgate Palmolive. You can use it to identify possible trend reversals for Colgate Palmolive 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 Colgate Palmolive price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Colgate Palmolive Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Colgate Palmolive applied against its price change over selected period. The best fit line has a slop of 0.24 , which may indicate that the price for Colgate Palmolive will continue to decline. It has 122 observation points and a regression sum of squares at 2190.15, which is the sum of squared deviations for the predicted Colgate Palmolive price change compared to its average price change.About Colgate Palmolive 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 Colgate Palmolive 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 Colgate Palmolive based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Colgate Palmolive price pattern first instead of the macroeconomic environment surrounding Colgate Palmolive. By analyzing Colgate Palmolive'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 Colgate Palmolive'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 Colgate Palmolive specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.021 | 0.0236 | 0.0265 | 0.0176 | Price To Sales Ratio | 4.14 | 3.67 | 3.39 | 2.05 |
Colgate Palmolive November 30, 2024 Technical Indicators
Most technical analysis of Colgate 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 Colgate from various momentum indicators to cycle indicators. When you analyze Colgate 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 | (0.08) | |||
Market Risk Adjusted Performance | 0.6393 | |||
Mean Deviation | 0.8131 | |||
Coefficient Of Variation | (919.18) | |||
Standard Deviation | 1.13 | |||
Variance | 1.28 | |||
Information Ratio | (0.23) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | 0.6293 | |||
Maximum Drawdown | 6.33 | |||
Value At Risk | (1.74) | |||
Potential Upside | 1.3 | |||
Skewness | (1.19) | |||
Kurtosis | 3.91 |
Colgate Palmolive November 30, 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 Colgate 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 | 24,514 | ||
Daily Balance Of Power | (0.13) | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 96.35 | ||
Day Typical Price | 96.44 | ||
Price Action Indicator | 0.22 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colgate Palmolive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Household Products 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 Colgate Palmolive. If investors know Colgate 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 Colgate Palmolive 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 0.049 | Dividend Share 1.96 | Earnings Share 3.48 | Revenue Per Share 24.493 | Quarterly Revenue Growth 0.024 |
The market value of Colgate Palmolive is measured differently than its book value, which is the value of Colgate that is recorded on the company's balance sheet. Investors also form their own opinion of Colgate Palmolive's value that differs from its market value or its book value, called intrinsic value, which is Colgate Palmolive'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 Colgate Palmolive's market value can be influenced by many factors that don't directly affect Colgate Palmolive'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 Colgate Palmolive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colgate Palmolive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colgate Palmolive'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.