Cordovacann Corp Stock Technical Analysis
| LVRLF Stock | USD 0.07 0.02 32.00% |
As of the 2nd of December, CordovaCann Corp shows the Mean Deviation of 10.58, downside deviation of 22.32, and Risk Adjusted Performance of 0.0623. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of CordovaCann Corp, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for CordovaCann Corp, which can be compared to its peers. Please confirm CordovaCann Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if CordovaCann Corp is priced correctly, providing market reflects its regular price of 0.066 per share. As CordovaCann Corp appears to be a penny stock we also recommend to validate its total risk alpha numbers.
CordovaCann Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CordovaCann, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CordovaCannCordovaCann |
CordovaCann Corp technical otc 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, otc market cycles, or different charting patterns.
CordovaCann Corp 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 CordovaCann Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CordovaCann Corp Trend Analysis
Use this graph to draw trend lines for CordovaCann Corp. You can use it to identify possible trend reversals for CordovaCann Corp 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 CordovaCann Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CordovaCann Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CordovaCann Corp applied against its price change over selected period. The best fit line has a slop of 0.0009 , which may suggest that CordovaCann Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted CordovaCann Corp price change compared to its average price change.About CordovaCann Corp 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 CordovaCann Corp 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 CordovaCann Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on CordovaCann Corp price pattern first instead of the macroeconomic environment surrounding CordovaCann Corp. By analyzing CordovaCann Corp'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 CordovaCann Corp'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 CordovaCann Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
CordovaCann Corp December 2, 2024 Technical Indicators
Most technical analysis of CordovaCann 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 CordovaCann from various momentum indicators to cycle indicators. When you analyze CordovaCann 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 | 0.0623 | |||
| Market Risk Adjusted Performance | (0.37) | |||
| Mean Deviation | 10.58 | |||
| Semi Deviation | 12.17 | |||
| Downside Deviation | 22.32 | |||
| Coefficient Of Variation | 1449.59 | |||
| Standard Deviation | 17.87 | |||
| Variance | 319.26 | |||
| Information Ratio | 0.0613 | |||
| Jensen Alpha | 1.63 | |||
| Total Risk Alpha | (1.76) | |||
| Sortino Ratio | 0.0491 | |||
| Treynor Ratio | (0.38) | |||
| Maximum Drawdown | 101.04 | |||
| Value At Risk | (30.30) | |||
| Potential Upside | 31.67 | |||
| Downside Variance | 498.27 | |||
| Semi Variance | 148.22 | |||
| Expected Short fall | (24.51) | |||
| Skewness | 0.8447 | |||
| Kurtosis | 3.6 |
Complementary Tools for CordovaCann OTC Stock analysis
When running CordovaCann Corp's price analysis, check to measure CordovaCann Corp'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 CordovaCann Corp is operating at the current time. Most of CordovaCann Corp's value examination focuses on studying past and present price action to predict the probability of CordovaCann Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CordovaCann Corp's price. Additionally, you may evaluate how the addition of CordovaCann Corp to your portfolios can decrease your overall portfolio volatility.
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