ABM Industries Incorporated shows Mean Deviation of 1.9 and Coefficient Of Variation of 522.08. ABM Industries Incor 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 entity future prices. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for ABM Industries Incorporated which can be compared to its rivals. Please confirm ABM Industries IncorTreynor Ratio, and the relationship between Variance and Potential Upside to decide if ABM Industries Incor is priced adequately providing market reflects its regular price of 34.44 per share. Given that ABM Industries has Jensen Alpha of 0.51, we suggest you validate ABM Industries Incorporated prevailing market performance to make sure the company can sustain itself in the future.
The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ABM Industries Incor volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
ABM Industries Incor Trend Analysis
Use this graph to draw trend lines for ABM Industries Incorporated. You can use it to identify possible trend reversals for ABM Industries 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 ABM Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
ABM Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ABM Industries Incorporated applied against its price change over selected period. The best fit line has a slop of 0.11 % which may imply that the returns on investment in ABM Industries Incorporated will continue to fail. It has 34 observation points and a regression sum of squares at 9.56, which is the sum of squared deviations for the predicted ABM Industries price change compared to its average price change.
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ABM Industries Incorporated is rated second in mean deviation category among related companies. It is rated second in standard deviation category among related companies creating about 1.26 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for ABM Industries Incorporated is roughly 1.26