Diamond Offshore Technical Analysis

Diamond Offshore Drilling Inc -- USA Stock  

USD 15.09  0.17  1.11%

Diamond Offshore Drilling Inc shows Semi Deviation of 2.0, Mean Deviation of 2.22 and Downside Deviation of 2.41. Diamond Offshore Dri 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 Diamond Offshore Drilling Inc which can be compared to its rivals. Please confirm Diamond Offshore Dri Information Ratio, and the relationship between Downside Deviation and Value At Risk to decide if Diamond Offshore Dri is priced favorably providing market reflects its regular price of 15.09 per share. Given that Diamond Offshore has Jensen Alpha of 0.6682, we urge you verify Diamond Offshore Drilling Inc prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Diamond Offshore Dri Trend Analysis

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

Diamond Offshore Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Diamond Offshore Drilling Inc applied against its price change over selected period. The best fit line has a slop of 0.048211 % which suggests that Diamond Offshore Drilling Inc will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 1.9, which is the sum of squared deviations for the predicted Diamond Offshore price change compared to its average price change.

Current Sentiment - DO

Diamond Offshore Dri Investor Sentiment
Larger part of Macroaxis users are currently bullish on Diamond Offshore Drilling Inc. What is your opinion about investing in Diamond Offshore Drilling Inc? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
DiamondSkip  Hide
Diamond Offshore Drilling Inc is rated # 3 in mean deviation category among related companies. It is rated # 2 in standard deviation category among related companies creating about  1.35  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Diamond Offshore Drilling Inc is roughly  1.35