Caledonia Mining Stock Technical Analysis
| CMCL Stock | USD 10.54 0.11 1.05% |
As of the 2nd of December, Caledonia Mining shows the Risk Adjusted Performance of (0.07), standard deviation of 2.95, and Mean Deviation of 2.1. Caledonia Mining 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 Caledonia Mining standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Caledonia Mining is priced correctly, providing market reflects its regular price of 10.54 per share. Given that Caledonia Mining has information ratio of (0.15), we suggest you to validate Caledonia Mining's prevailing market performance to make sure the company can sustain itself at a future point.
Caledonia Mining Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Caledonia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CaledoniaCaledonia |
Caledonia Mining Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 11.63 | Buy | 1 | Odds |
Most Caledonia 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 Caledonia stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Caledonia Mining, talking to its executives and customers, or listening to Caledonia conference calls.
Caledonia Mining 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.
Caledonia Mining Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Caledonia Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Caledonia Mining Trend Analysis
Use this graph to draw trend lines for Caledonia Mining. You can use it to identify possible trend reversals for Caledonia Mining 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 Caledonia Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Caledonia Mining Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Caledonia Mining applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that Caledonia Mining market price will keep on failing further. It has 122 observation points and a regression sum of squares at 79.35, which is the sum of squared deviations for the predicted Caledonia Mining price change compared to its average price change.About Caledonia Mining 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 Caledonia Mining 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 Caledonia Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Caledonia Mining price pattern first instead of the macroeconomic environment surrounding Caledonia Mining. By analyzing Caledonia Mining'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 Caledonia Mining'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 Caledonia Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0569 | 0.0488 | 0.0778 | Price To Sales Ratio | 1.17 | 1.64 | 1.56 |
Caledonia Mining December 2, 2024 Technical Indicators
Most technical analysis of Caledonia 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 Caledonia from various momentum indicators to cycle indicators. When you analyze Caledonia 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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| Overlap Studies | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.62) | |||
| Mean Deviation | 2.1 | |||
| Coefficient Of Variation | (1,013) | |||
| Standard Deviation | 2.95 | |||
| Variance | 8.68 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.63) | |||
| Maximum Drawdown | 17.08 | |||
| Value At Risk | (4.66) | |||
| Potential Upside | 3.56 | |||
| Skewness | (1.11) | |||
| Kurtosis | 2.68 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caledonia Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Caledonia Stock please use our How to buy in Caledonia Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Metals & Mining 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 Caledonia Mining. If investors know Caledonia 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 Caledonia Mining 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 (0.50) | Dividend Share 0.56 | Earnings Share 0.48 | Revenue Per Share 8.621 | Quarterly Revenue Growth 0.14 |
The market value of Caledonia Mining is measured differently than its book value, which is the value of Caledonia that is recorded on the company's balance sheet. Investors also form their own opinion of Caledonia Mining's value that differs from its market value or its book value, called intrinsic value, which is Caledonia Mining'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 Caledonia Mining's market value can be influenced by many factors that don't directly affect Caledonia Mining'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 Caledonia Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caledonia Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caledonia Mining'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.