Cme Group Stock Technical Analysis
CME Stock | USD 208.27 0.15 0.07% |
As of the 18th of April 2024, CME shows the Mean Deviation of 0.8121, downside deviation of 1.03, and Risk Adjusted Performance of 0.0605. CME Group 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. 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 have collected data for nineteen technical drivers for CME Group, which can be compared to its peers. Please confirm CME Group downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if CME Group is priced adequately, providing market reflects its regular price of 208.27 per share. Given that CME has jensen alpha of 0.0809, we suggest you to validate CME Group's prevailing market performance to make sure the company can sustain itself in the future.
CME Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CME, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CMECME |
CME Analyst Consensus
Target Price | Advice | # of Analysts | |
224.79 | Buy | 17 | Odds |
Most CME 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 CME stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CME Group, talking to its executives and customers, or listening to CME conference calls.
CME 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.
CME Group Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 CME Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CME Group Trend Analysis
Use this graph to draw trend lines for CME Group. You can use it to identify possible trend reversals for CME 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 CME price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CME Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CME Group applied against its price change over selected period. The best fit line has a slop of 0.13 , which may imply that CME Group will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 643.54, which is the sum of squared deviations for the predicted CME price change compared to its average price change.About CME 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 CME Group 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 CME Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CME Group price pattern first instead of the macroeconomic environment surrounding CME Group. By analyzing CME'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 CME'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 CME specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0267 | 0.0437 | 0.0428 | Price To Sales Ratio | 17.46 | 12.02 | 13.55 |
CME April 18, 2024 Technical Indicators
Most technical analysis of CME 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 CME from various momentum indicators to cycle indicators. When you analyze CME 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 | 0.0605 | |||
Market Risk Adjusted Performance | 1.04 | |||
Mean Deviation | 0.8121 | |||
Semi Deviation | 0.9148 | |||
Downside Deviation | 1.03 | |||
Coefficient Of Variation | 1116.64 | |||
Standard Deviation | 1.06 | |||
Variance | 1.12 | |||
Information Ratio | 0.0371 | |||
Jensen Alpha | 0.0809 | |||
Total Risk Alpha | 0.0084 | |||
Sortino Ratio | 0.0379 | |||
Treynor Ratio | 1.03 | |||
Maximum Drawdown | 6.03 | |||
Value At Risk | (1.54) | |||
Potential Upside | 1.78 | |||
Downside Variance | 1.07 | |||
Semi Variance | 0.8369 | |||
Expected Short fall | (0.83) | |||
Skewness | 0.3748 | |||
Kurtosis | 1.2 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CME Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for CME Stock analysis
When running CME's price analysis, check to measure CME'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 CME is operating at the current time. Most of CME's value examination focuses on studying past and present price action to predict the probability of CME's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CME's price. Additionally, you may evaluate how the addition of CME to your portfolios can decrease your overall portfolio volatility.
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Is CME's industry 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 CME. If investors know CME 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 CME 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 0.276 | Dividend Share 4.4 | Earnings Share 8.88 | Revenue Per Share 15.512 | Quarterly Revenue Growth 0.192 |
The market value of CME Group is measured differently than its book value, which is the value of CME that is recorded on the company's balance sheet. Investors also form their own opinion of CME's value that differs from its market value or its book value, called intrinsic value, which is CME'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 CME's market value can be influenced by many factors that don't directly affect CME'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 CME's value and its price as these two are different measures arrived at by different means. Investors typically determine if CME is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CME'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.