CDK Global Inc shows Semi Deviation of 0.52, Risk Adjusted Performance of 0.0762 and Mean Deviation of 0.8643. CDK Global 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 CDK Global Inc which can be compared to its rivals. Please confirm CDK Global IncTreynor Ratio, and the relationship between Variance and Potential Upside to decide if CDK Global Inc is priced adequately providing market reflects its regular price of 74.33 per share. Given that CDK Global has Jensen Alpha of 0.1666, we suggest you validate CDK Global Inc prevailing market performance to make sure the company can sustain itself in the future.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 CDK Global Inc 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.
CDK Global Inc Trend Analysis
Use this graph to draw trend lines for CDK Global Inc. You can use it to identify possible trend reversals for CDK Global 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 CDK Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
CDK Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CDK Global Inc applied against its price change over selected period. The best fit line has a slop of 0.24 % which may imply that CDK Global Inc will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 46.49, which is the sum of squared deviations for the predicted CDK Global price change compared to its average price change.
Did you try this?
Run Efficient Frontier Now
Plot and analyze your portfolio and positions against risk-return landscape of the market.
CDK Global Inc is rated third in mean deviation category among related companies. It is rated second in standard deviation category among related companies creating about 1.36 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for CDK Global Inc is roughly 1.36