Admedus Limited shows Risk Adjusted Performance of 0.1613 and Mean Deviation of 2.56. Admedus Limited 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 Admedus Limited which can be compared to its rivals. Please confirm Admedus Limited Information Ratio as well as the relationship between Value At Risk and Expected Short fall to decide if Admedus Limited is priced correctly providing market reflects its regular price of 0.237 per share. As Admedus Limited appears to be a penny stock we also recommend to validate its Total Risk Alpha numbers.
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Admedus Limited Trend AnalysisUse this graph to draw trend lines for Admedus Limited. You can use it to identify possible trend reversals for Admedus Limited 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 Admedus Limited price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Admedus Limited Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Admedus Limited applied against its price change over selected period. The best fit line has a slop of 0.004574 % which means Admedus Limited will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Admedus Limited price change compared to its average price change.
Admedus Limited is number one stock in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.79 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Admedus Limited is roughly 1.79