CNA Financial Stock Technical Analysis

CNA
 Stock
  

USD 41.95  0.26  0.62%   

As of the 5th of December, CNA Financial owns the coefficient of variation of 979.07, and Market Risk Adjusted Performance of 0.203. CNA Financial technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for CNA Financial, which can be compared to its peers in the sector. Please confirm CNA Financial mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if CNA Financial is priced correctly, providing market reflects its prevailing price of 41.95 per share. Given that CNA Financial has jensen alpha of 0.0738, we suggest you to validate CNA Financial's latest market performance to make sure the company can sustain itself in the future.
  

CNA Financial Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CNA Financial, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CNA Financial
CNA Financial's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

CNA Financial Analyst Consensus

Target PriceAdvice# of Analysts
50.0Hold2Odds
CNA Financial current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CNA Financial 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 CNA Financial stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CNA Financial, talking to its executives and customers, or listening to CNA Financial conference calls.
CNA Financial Analyst Advice Details
CNA Financial 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.
A focus of CNA Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CNA Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

CNA Financial Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of CNA Financial volatility developed by Welles Wilder.
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CNA Financial Trend Analysis

Use this graph to draw trend lines for CNA Financial. You can use it to identify possible trend reversals for CNA Financial 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 CNA Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

CNA Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CNA Financial applied against its price change over selected period. The best fit line has a slop of   0.1  , which may imply that CNA Financial will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 360.75, which is the sum of squared deviations for the predicted CNA Financial price change compared to its average price change.

About CNA Financial 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 CNA Financial 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 CNA Financial based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CNA Financial price pattern first instead of the macroeconomic environment surrounding CNA Financial. By analyzing CNA Financial'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 CNA Financial'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 CNA Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
PPandE Turnover35.5340.3749.8240.01
Calculated Tax Rate18.2315.9619.023.44

CNA Financial December 5, 2022 Technical Indicators

Most technical analysis of CNA Financial 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 CNA Financial from various momentum indicators to cycle indicators. When you analyze CNA Financial 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.

CNA Financial December 5, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as CNA Financial stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Trending Equities. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for analysis

When running CNA Financial price analysis, check to measure CNA Financial'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 CNA Financial is operating at the current time. Most of CNA Financial's value examination focuses on studying past and present price action to predict the probability of CNA Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CNA Financial's price. Additionally, you may evaluate how the addition of CNA Financial to your portfolios can decrease your overall portfolio volatility.
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Is CNA Financial'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 CNA Financial. If investors know CNA Financial 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 CNA Financial 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 YOY
(0.50) 
Market Capitalization
11.4 B
Quarterly Revenue Growth YOY
(0.001) 
Return On Assets
0.0121
Return On Equity
0.0879
The market value of CNA Financial is measured differently than its book value, which is the value of CNA Financial that is recorded on the company's balance sheet. Investors also form their own opinion of CNA Financial's value that differs from its market value or its book value, called intrinsic value, which is CNA Financial'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 CNA Financial's market value can be influenced by many factors that don't directly affect CNA Financial'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 CNA Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine CNA Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNA Financial'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.