Byline Bancorp Technical Analysis

Byline Bancorp Inc -- USA Stock  

USD 21.35  0.2  0.95%

Byline Bancorp Inc shows Downside Deviation of 1.87, Risk Adjusted Performance of 0.1073 and Mean Deviation of 1.54. Byline Bancorp 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 Byline Bancorp Inc which can be compared to its rivals. Please confirm Byline Bancorp Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Byline Bancorp is priced correctly providing market reflects its regular price of 21.35 per share. Given that Byline Bancorp has Jensen Alpha of 0.2077, we suggest you validate Byline Bancorp Inc prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Byline Bancorp Trend Analysis

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

Byline Bancorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Byline Bancorp Inc applied against its price change over selected period. The best fit line has a slop of 0.14 % which suggests that Byline Bancorp Inc will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 17.08, which is the sum of squared deviations for the predicted Byline Bancorp price change compared to its average price change.

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Byline Bancorp Inc is rated third in mean deviation category among related companies. It is rated second in standard deviation category among related companies creating about  1.3  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Byline Bancorp Inc is roughly  1.3