Atlantic Power Corporation shows Risk Adjusted Performance of 0.75 and Mean Deviation of 1.58. Atlantic Power 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 Atlantic Power Corporation which can be compared to its rivals. Please confirm Atlantic PowerInformation Ratio as well as the relationship between Value At Risk and Expected Short fall to decide if Atlantic Power is priced correctly providing market reflects its regular price of 1.95 per share. Please also double-check Atlantic Power Corporation Total Risk Alpha which is currently at 0.76 to validate the company can sustain itself at future point.
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 Atlantic Power 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.
Atlantic Power Trend Analysis
Use this graph to draw trend lines for Atlantic Power Corporation. You can use it to identify possible trend reversals for Atlantic Power 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 Atlantic Power price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Atlantic Power Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Atlantic Power Corporation applied against its price change over selected period. The best fit line has a slop of 0.02 % which may indicate that the price for Atlantic Power Corporation will continue to decline. It has 34 observation points and a regression sum of squares at 0.32, which is the sum of squared deviations for the predicted Atlantic Power price change compared to its average price change.
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Atlantic Power Corporation is rated third in mean deviation category among related companies. It is rated second in standard deviation category among related companies creating about 1.32 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Atlantic Power Corporation is roughly 1.32