As of 15 of September NIKKEI 225 secures Mean Deviation of 0.6236 and Risk Adjusted Performance of 0.0378. Macroaxis technical analysis interface lets you check practical technical drivers of NIKKEI 225 as well as the relationship between them. Strictly speaking you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for NIKKEI 225 which can be compared to its peers in the industry. Please verify NIKKEI 225 Information Ratio, Treynor Ratio, Value At Risk, as well as the relationship between Jensen Alpha and Maximum Drawdown to decide if NIKKEI 225 is priced more or less accurately providing market reflects its recent price of 21988.29 per share.
|Horizon||30 Days Login to change|
NIKKEI 225 Trend AnalysisUse this graph to draw trend lines for NIKKEI 225. You can use it to identify possible trend reversals for NIKKEI 225 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 NIKKEI 225 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NIKKEI 225 Best Fit Change LineThe following chart estimates an ordinary least squares regression model for NIKKEI 225 applied against its price change over selected period. The best fit line has a slop of 9.81 % which may suggest that NIKKEI 225 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3638239.55, which is the sum of squared deviations for the predicted NIKKEI 225 price change compared to its average price change.
NIKKEI 225 September 15, 2019 Technical Indicators
|Risk Adjusted Performance||0.0378|
|Coefficient Of Variation||2349.39|
|Total Risk Alpha||(0.001882)|
|Value At Risk||(1.74)|
|Expected Short fall||(0.66)|
NIKKEI 225 September 15, 2019 Daily Price Condition
|Daily Balance Of Power||0.50|
|Rate Of Daily Change||1.01|
|Day Median Price||21,988|
|Day Typical Price||21,988|
|Price Action Indicator||114.34|
|Market Facilitation Index||457.36|