Calumet Specialty Products Stock Technical Analysis
| CLMT Stock | USD 21.80 0.28 1.30% |
As of the 23rd of November, Calumet Specialty shows the Downside Deviation of 4.1, mean deviation of 2.79, and Risk Adjusted Performance of 0.0391. Calumet Specialty 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.
Calumet Specialty Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Calumet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CalumetCalumet |
Calumet Specialty Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 25.0 | Buy | 6 | Odds |
Most Calumet 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 Calumet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Calumet Specialty, talking to its executives and customers, or listening to Calumet conference calls.
Calumet Specialty 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.
Calumet Specialty Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Calumet Specialty volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Calumet Specialty Trend Analysis
Use this graph to draw trend lines for Calumet Specialty Products. You can use it to identify possible trend reversals for Calumet Specialty 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 Calumet Specialty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Calumet Specialty Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Calumet Specialty Products applied against its price change over selected period. The best fit line has a slop of 0.09 , which means Calumet Specialty Products will continue generating value for investors. It has 122 observation points and a regression sum of squares at 282.08, which is the sum of squared deviations for the predicted Calumet Specialty price change compared to its average price change.About Calumet Specialty 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 Calumet Specialty Products 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 Calumet Specialty Products based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Calumet Specialty price pattern first instead of the macroeconomic environment surrounding Calumet Specialty. By analyzing Calumet Specialty'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 Calumet Specialty'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 Calumet Specialty specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 9.98 | 9.81 | 11.42 | 14.28 | Days Of Inventory On Hand | 39.67 | 41.92 | 43.6 | 30.94 |
Calumet Specialty November 23, 2024 Technical Indicators
Most technical analysis of Calumet 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 Calumet from various momentum indicators to cycle indicators. When you analyze Calumet 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0391 | |||
| Market Risk Adjusted Performance | (1.61) | |||
| Mean Deviation | 2.79 | |||
| Semi Deviation | 3.83 | |||
| Downside Deviation | 4.1 | |||
| Coefficient Of Variation | 2468.93 | |||
| Standard Deviation | 3.93 | |||
| Variance | 15.41 | |||
| Information Ratio | 0.0072 | |||
| Jensen Alpha | 0.1602 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.0069 | |||
| Treynor Ratio | (1.62) | |||
| Maximum Drawdown | 18.94 | |||
| Value At Risk | (8.23) | |||
| Potential Upside | 7.47 | |||
| Downside Variance | 16.84 | |||
| Semi Variance | 14.63 | |||
| Expected Short fall | (2.87) | |||
| Skewness | (0.09) | |||
| Kurtosis | 0.9843 |
Additional Tools for Calumet Stock Analysis
When running Calumet Specialty's price analysis, check to measure Calumet Specialty'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 Calumet Specialty is operating at the current time. Most of Calumet Specialty's value examination focuses on studying past and present price action to predict the probability of Calumet Specialty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calumet Specialty's price. Additionally, you may evaluate how the addition of Calumet Specialty to your portfolios can decrease your overall portfolio volatility.