Callon Petroleum Stock Technical Analysis
| CPEDelisted Stock | USD 35.76 0.31 0.87% |
As of the 29th of April, Callon Petroleum shows the Risk Adjusted Performance of 0.0443, downside deviation of 2.08, and Mean Deviation of 1.61. Callon Petroleum 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 were able to interpolate data for nineteen technical drivers for Callon Petroleum, which can be compared to its peers. Please confirm Callon Petroleum treynor ratio, and the relationship between the variance and potential upside to decide if Callon Petroleum is priced correctly, providing market reflects its regular price of 35.76 per share. Given that Callon Petroleum has jensen alpha of 0.0987, we suggest you to validate Callon Petroleum's prevailing market performance to make sure the company can sustain itself at a future point.
Callon Petroleum Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Callon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CallonCallon |
Callon Petroleum 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, delisted stock market cycles, or different charting patterns.
Callon Petroleum Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Callon Petroleum Trend Analysis
Use this graph to draw trend lines for Callon Petroleum. You can use it to identify possible trend reversals for Callon Petroleum 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 Callon Petroleum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Callon Petroleum Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Callon Petroleum applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that Callon Petroleum will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 25.68, which is the sum of squared deviations for the predicted Callon Petroleum price change compared to its average price change.About Callon Petroleum 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 Callon Petroleum 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 Callon Petroleum based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Callon Petroleum price pattern first instead of the macroeconomic environment surrounding Callon Petroleum. By analyzing Callon Petroleum'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 Callon Petroleum'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 Callon Petroleum specific price patterns or momentum indicators. Please read more on our technical analysis page.
Callon Petroleum April 29, 2024 Technical Indicators
Most technical analysis of Callon 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 Callon from various momentum indicators to cycle indicators. When you analyze Callon 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 | 0.0443 | |||
| Market Risk Adjusted Performance | 0.7327 | |||
| Mean Deviation | 1.61 | |||
| Semi Deviation | 1.98 | |||
| Downside Deviation | 2.08 | |||
| Coefficient Of Variation | 1670.04 | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.07 | |||
| Information Ratio | 0.0157 | |||
| Jensen Alpha | 0.0987 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0152 | |||
| Treynor Ratio | 0.7227 | |||
| Maximum Drawdown | 10.04 | |||
| Value At Risk | (3.63) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 4.32 | |||
| Semi Variance | 3.92 | |||
| Expected Short fall | (1.68) | |||
| Skewness | (0.16) | |||
| Kurtosis | 0.0484 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. 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.
Other Consideration for investing in Callon Stock
If you are still planning to invest in Callon Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Callon Petroleum's history and understand the potential risks before investing.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |