As of 17 of September NASDAQ Composite secures Mean Deviation of 0.3108. Macroaxis technical analysis interface lets you check practical technical drivers of NASDAQ Composite Total 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 past prices or the prices will eventually revert. We found nineteen technical drivers for NASDAQ Composite which can be compared to its peers in the industry. Please verify NASDAQ Composite Total Coefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if NASDAQ Composite Total Return I is priced more or less accurately providing market reflects its recent price of 9555.14 per share.
|Horizon||30 Days Login to change|
NASDAQ Composite Total Trend AnalysisUse this graph to draw trend lines for NASDAQ Composite Total Return I. You can use it to identify possible trend reversals for NASDAQ Composite 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 NASDAQ Composite price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ Composite Best Fit Change LineThe following chart estimates an ordinary least squares regression model for NASDAQ Composite Total Return I applied against its price change over selected period. The best fit line has a slop of 7.58 % which means NASDAQ Composite Total Return I will continue producing value for investors. It has 18 observation points and a regression sum of squares at 6891.13, which is the sum of squared deviations for the predicted NASDAQ Composite price change compared to its average price change.
NASDAQ Composite September 17, 2019 Technical Indicators
|Risk Adjusted Performance||0.1257|
|Coefficient Of Variation||653.12|
|Total Risk Alpha||0.0454|
|Value At Risk||(0.43)|
NASDAQ Composite September 17, 2019 Daily Price Condition
|Daily Balance Of Power||(0.80)|
|Rate Of Daily Change||1.00|
|Day Median Price||9,576|
|Day Typical Price||9,569|
|Price Action Indicator||(4.12)|