Apple Inc shows Coefficient Of Variation of 251.09, Risk Adjusted Performance of 0.158 and Mean Deviation of 0.7072. Apple Inc 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 future prices. In plain English 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 found eighteen technical drivers for Apple Inc which can be compared to its rivals. Please confirm Apple Inc Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Apple Inc is priced correctly providing market reflects its regular price of 136.66 per share. Given that Apple has Treynor Ratio of (2.91), we suggest you validate Apple Inc prevailing market performance to make sure the company can sustain itself at future point.
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Apple Inc Trend AnalysisUse this graph to draw trend lines for Apple Inc. You can use it to identify possible trend reversals for Apple 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 Apple price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Apple Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Apple Inc applied against its price change over selected period. The best fit line has a slop of 0.78 % which means Apple Inc will continue generating value for investors. It has 44 observation points and a regression sum of squares at 1072.82, which is the sum of squared deviations for the predicted Apple price change compared to its average price change.
Apple Inc is rated fourth in mean deviation category among related companies. It is rated second in standard deviation category among related companies creating about 1.89 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Apple Inc is roughly 1.89