Dover Motorsports Inc shows Coefficient Of Variation
of 15478.97, Mean Deviation
of 1.02 and Downside Deviation
of 1.89. Dover Motorsports 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 Dover Motorsports Inc which can be compared to its rivals. Please confirm Dover Motorsports Information Ratio
, Value At Risk
as well as the relationship
between Value At Risk and Expected Short fall
to decide if Dover Motorsports is priced favorably providing market reflects its regular price of 2.42 per share. Please also check Dover Motorsports Inc Total Risk Alpha
which is currently at (0.08)
to verify the company can sustain itself at future point. Use Dover Motorsports Inc technical analysis together with your stock portfolios to protect against small markets fluctuations and to determine Stock optimization strategy that fits your criteria.
Use this graph to draw trend lines for Dover Motorsports Inc. You can use it to identify possible trend reversals for Dover 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 Dover price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Dover Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dover Motorsports Inc applied against its price change over selected period. The best fit line has a slop of 0.0021 %
which may imply that Dover Motorsports Inc will maintain its good market sentiment and make money for investors. It has 42 observation points and regression sum of squers of 0.01 which is sum of squared deviations of the predicted Dover price change against its avarage change.
Dover has a best fit line with a correlation coefficient of 0.27. and coefficient of determination of 0.07. Note, that about 16.0%
of the company shares are held by company insiders