Computer Task Technical Analysis

Computer Task Group Incorporated -- USA Stock  

USD 4.98  0.16  3.11%

Computer Task Group Incorporated shows Risk Adjusted Performance of 9.0E-4 and Mean Deviation of 0.9144. Computer Task Group 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 Computer Task Group Incorporated which can be compared to its rivals. Please confirm Computer Task Group Information Ratio as well as the relationship between Value At Risk and Expected Short fall to decide if Computer Task Group is priced correctly providing market reflects its regular price of 4.98 per share. Given that Computer Task has Jensen Alpha of 0.014, we suggest you validate Computer Task Group Incorporated prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Computer Task Group Trend Analysis

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

Computer Task Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Computer Task Group Incorporated applied against its price change over selected period. The best fit line has a slop of 0.008922 % which may imply that the returns on investment in Computer Task Group Incorporated will continue to fail. It has 34 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Computer Task price change compared to its average price change.

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Correlation Analysis

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Computer Task Group Incorporated is rated fifth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.6  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Computer Task Group Incorporated is roughly  1.6