## Boralex Technical Analysis |

Boralex Inc -- Canada Stock | ## CAD 22.26 0.08 0.36% |

Boralex Inc shows Risk Adjusted Performance of 0.0797 and Mean Deviation of 0.3585. Boralex 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 Boralex Inc which can be compared to its rivals. Please confirm Boralex Inc Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Boralex Inc is priced correctly providing market reflects its regular price of 22.26 per share.

Investment Horizon | 30 Days Login to change |

## Boralex Inc Trend Analysis

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

The following chart estimates an ordinary least squares regression model for Boralex Inc applied against its price change over selected period. The best fit line has a slop of 0.060809 % which means Boralex Inc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 3.02, which is the sum of squared deviations for the predicted Boralex price change compared to its average price change.## Chance of DistressGet analysis of equity chance of financial distress in the next 2 years |

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**below average**in mean deviation category among related companies. It is rated

**below average**in standard deviation category among related companies creating about 1.56 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Boralex Inc is roughly 1.56

## Technical Drivers

Boralex October 18, 2017 Technical Indicators

Cycle Indicators | |

Math Operators | |

Math Transform | |

Momentum Indicators | |

Overlap Studies | |

Pattern Recognition | |

Price Transform | |

Statistic Functions | |

Volatility Indicators | |

Volume Indicators |

Risk Adjusted Performance | 0.0797 | ||

Market Risk Adjusted Performance | 0.5182 | ||

Mean Deviation | 0.3585 | ||

Coefficient Of Variation | 310.23 | ||

Standard Deviation | 0.5608 | ||

Variance | 0.3145 | ||

Information Ratio | 0.0835 | ||

Jensen Alpha | 0.1291 | ||

Total Risk Alpha | (0.13) | ||

Treynor Ratio | 0.5082 | ||

Maximum Drawdown | 2.0 | ||

Value At Risk | (0.69) | ||

Potential Upside | 0.8688 | ||

Skewness | (0.25) | ||

Kurtosis | 2.75 |

## Fundamentals Correlations

Analyze Boralex Fundamentals Trends