As of 17 of September 500 owns Market Risk Adjusted Performance of 3.12, Coefficient Of Variation of
(13,408) and Standard Deviation of 4.38. In connection with Fundamental Indicators, Macroaxis technical analysis interface gives you tools to check timely technical drivers of 500 Limited as well as the relationship between them. Strictly speaking you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for 500 which can be compared to its peers in the sector. Please confirm 500 Limited Jensen Alpha, Semi Variance and the relationship between Standard Deviation and Value At Risk to decide if 500 Limited is priced fairly providing market reflects its prevailing price of 9.35 per share. Given that 500 Limited has Jensen Alpha of (0.042375), we suggest you validate 500 latest market performance to make sure the company can sustain itself sooner or later.
|Horizon||30 Days Login to change|
500 Limited Technical Analysis
500 Limited Trend AnalysisUse this graph to draw trend lines for 500 Limited. You can use it to identify possible trend reversals for 500 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 500 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
500 Best Fit Change LineThe following chart estimates an ordinary least squares regression model for 500 Limited applied against its price change over selected period. The best fit line has a slop of 0.04 % which may suggest that 500 Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 50.62, which is the sum of squared deviations for the predicted 500 price change compared to its average price change.
500 September 17, 2019 Technical Indicators
|Risk Adjusted Performance||0.0014|
|Market Risk Adjusted Performance||3.12|
|Coefficient Of Variation||(13,408)|
|Total Risk Alpha||(0.14)|
|Value At Risk||(6.65)|
500 September 17, 2019 Daily Price Condition
|Daily Balance Of Power||(0.06)|
|Rate Of Daily Change||1.00|
|Day Median Price||9.31|
|Day Typical Price||9.33|
|Price Action Indicator||0.025|