DigitalTown Inc shows Coefficient Of Variation of 1151.34 and Mean Deviation of 9.0. DigitalTown Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 DigitalTown Inc which can be compared to its rivals. Please confirm DigitalTown Inc Mean Deviation, Information Ratio as well as the relationship between Information Ratio and Downside Variance to decide if DigitalTown Inc is priced favorably providing market reflects its regular price of 0.22 per share. As DigitalTown Inc appears to be a penny stock we also advise to verify its Total Risk Alpha numbers.
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DigitalTown Inc Trend AnalysisUse this graph to draw trend lines for DigitalTown Inc. You can use it to identify possible trend reversals for DigitalTown 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 DigitalTown price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
DigitalTown Best Fit Change LineThe following chart estimates an ordinary least squares regression model for DigitalTown Inc applied against its price change over selected period. The best fit line has a slop of 0.003505 % which means DigitalTown Inc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted DigitalTown price change compared to its average price change.
DigitalTown Inc is one of the top stocks in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.85 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for DigitalTown Inc is roughly 1.85