As of 20 of January CDK Global shows Semi Deviation of 1.35, Mean Deviation of 0.9642 and Risk Adjusted Performance of 0.0179. CDK Global 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 which can be compared to its rivals. Please confirm CDK GlobalTreynor Ratio, and the relationship between Variance and Potential Upside to decide if CDK Global is priced adequately providing market reflects its regular price of 50.17 per share. Given that CDK Global has Jensen Alpha of 0.0232, we suggest you validate CDK Global prevailing market performance to make sure the company can sustain itself in the future.
The output start index for this execution was fifteen with a total number of output elements of twenty-four. 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 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 Trend Analysis
Use this graph to draw trend lines for CDK Global. 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 applied against its price change over selected period. The best fit line has a slop of 0.0045 % which may imply that the returns on investment in CDK Global will continue to fail. It has 78 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted CDK Global price change compared to its average price change.
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