Adams Resources Technical Analysis

Adams Resources Energy Inc -- USA Stock  

USD 43.3  0.27  0.62%

Adams Resources Energy Inc shows Mean Deviation of 1.43 and Risk Adjusted Performance of 0.0937. Adams Resources Energy 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 nineteen technical drivers for Adams Resources Energy Inc which can be compared to its rivals. Please confirm Adams Resources Energy Mean Deviation, Standard Deviation, Treynor Ratio, as well as the relationship between Downside Deviation and Information Ratio to decide if Adams Resources Energy is priced correctly providing market reflects its regular price of 43.3 per share. Given that Adams Resources has Jensen Alpha of 0.7399, we suggest you validate Adams Resources Energy Inc prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Adams Resources Energy Trend Analysis

Use this graph to draw trend lines for Adams Resources Energy Inc. You can use it to identify possible trend reversals for Adams Resources 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 Adams Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Adams Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Adams Resources Energy Inc applied against its price change over selected period. The best fit line has a slop of 0.18 % which suggests that Adams Resources Energy Inc will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 26.32, which is the sum of squared deviations for the predicted Adams Resources price change compared to its average price change.

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Fundamental Analysis

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Adams Resources Energy Inc is rated third in mean deviation category among related companies. It is rated second in standard deviation category among related companies creating about  1.46  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Adams Resources Energy Inc is roughly  1.46