eHi Car Services Limited maintains Market Risk Adjusted Performance of 1.13, Mean Deviation of 0.972 and Downside Deviation of 1.67. eHi Car Services technical analysis makes it possible for you to employ past prices and volume data with intention to determine a pattern that calculates the direction of the organization future prices. Specifically you can use this information to find out if the organization will indeed mirror its model of past data patterns or the prices will eventually revert. We found nineteen technical drivers for eHi Car Services which can be compared to its rivals. Please check out eHi Car ServicesStandard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if eHi Car Services is priced fairly providing market reflects its latest price of 12.58 per share. Given that eHi Car Services Limited has Jensen Alpha of 0.2718, we strongly advise you confirm eHi Car Services prevalent market performance to make sure the company can sustain itself at future point.
The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of eHi Car Services volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
eHi Car Services Trend Analysis
Use this graph to draw trend lines for eHi Car Services Limited. You can use it to identify possible trend reversals for eHi Car 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 eHi Car price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
eHi Car Best Fit Change Line
The following chart estimates an ordinary least squares regression model for eHi Car Services Limited applied against its price change over selected period. The best fit line has a slop of 0.068554 % which means eHi Car Services Limited will continue generating value for investors. It has 34 observation points and a regression sum of squares at 3.83, which is the sum of squared deviations for the predicted eHi Car price change compared to its average price change.
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eHi Car Services Limited is rated # 5 in mean deviation category among related companies. It is rated # 4 in standard deviation category among related companies creating about 1.34 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for eHi Car Services Limited is roughly 1.34