|Ampco Pittsburgh Corporation -- USA Stock|| |
USD 17.45 0.8 4.38%
Ampco Pittsburgh Corporation shows Downside Deviation
of 2.58, Risk Adjusted Performance
of 0.0401 and Mean Deviation
of 1.48. Ampco Pittsburgh 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 Ampco Pittsburgh Corporation which can be compared to its rivals. Please confirm Ampco Pittsburgh Jensen Alpha
as well as the relationship
between Potential Upside
to decide if Ampco Pittsburgh is priced correctly providing market reflects its regular price of 17.45 per share. Given that Ampco Pittsburgh has Jensen Alpha
of 0.3702, we suggest you validate Ampco Pittsburgh Corporation prevailing market performance to make sure the company can sustain itself at future point.
Ampco Pittsburgh Trend Analysis
Use this graph to draw trend lines for Ampco Pittsburgh Corporation. You can use it to identify possible trend reversals for Ampco Pittsburgh 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 Ampco Pittsburgh price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Ampco Pittsburgh Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ampco Pittsburgh Corporation applied against its price change over selected period. The best fit line has a slop of 0.009559 %
which suggests that Ampco Pittsburgh Corporation will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Ampco Pittsburgh price change compared to its average price change.