AutoNation Technical Analysis

AutoNation Inc -- USA Stock  

USD 55.45  0.14  0.25%

AutoNation Inc shows Downside Deviation of 0.8996, Risk Adjusted Performance of 0.1458 and Mean Deviation of 0.8941. AutoNation Inc 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 AutoNation Inc which can be compared to its rivals. Please confirm AutoNation Inc Treynor Ratio as well as the relationship between Potential Upside and Expected Short fall to decide if AutoNation Inc is priced correctly providing market reflects its regular price of 55.45 per share. Given that AutoNation has Jensen Alpha of 0.2616, we suggest you validate AutoNation Inc prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

AutoNation Inc Trend Analysis

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

AutoNation Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AutoNation Inc applied against its price change over selected period. The best fit line has a slop of 0.29 % which suggests that AutoNation Inc will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 68.24, which is the sum of squared deviations for the predicted AutoNation price change compared to its average price change.

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AutoNation Inc is rated fifth in mean deviation category among related companies. It is rated fourth in standard deviation category among related companies creating about  1.38  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for AutoNation Inc is roughly  1.38