Digimarc Corporation shows Coefficient Of Variation of 426.24, Mean Deviation of 1.41 and Downside Deviation of 2.41. Digimarc 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 Digimarc Corporation which can be compared to its rivals. Please confirm Digimarc Treynor Ratio, and the relationship between Standard Deviation and Downside Variance to decide if Digimarc is priced favorably providing market reflects its regular price of 36.7 per share. Given that Digimarc has Jensen Alpha of 0.2034, we urge you verify Digimarc Corporation prevailing market performance to make sure the company can sustain itself at future point.
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Digimarc Trend AnalysisUse this graph to draw trend lines for Digimarc Corporation. You can use it to identify possible trend reversals for Digimarc 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 Digimarc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Digimarc Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Digimarc Corporation applied against its price change over selected period. The best fit line has a slop of 0.11 % which means Digimarc Corporation will continue generating value for investors. It has 34 observation points and a regression sum of squares at 9.11, which is the sum of squared deviations for the predicted Digimarc price change compared to its average price change.
Digimarc Corporation is rated # 3 in mean deviation category among related companies. It is rated # 2 in standard deviation category among related companies creating about 1.62 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Digimarc Corporation is roughly 1.62