Callaway Golf Technical Analysis

Callaway Golf Company -- USA Stock  

USD 14.39  0.17  1.2%

Callaway Golf Company shows Downside Deviation of 0.9261, Risk Adjusted Performance of 0.0423 and Mean Deviation of 0.8148. Callaway Golf technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 Callaway Golf Company which can be compared to its rivals. Please confirm Callaway Golf Downside Deviation, Treynor Ratio as well as the relationship between Treynor Ratio and Expected Short fall to decide if Callaway Golf is priced correctly providing market reflects its regular price of 14.39 per share. Given that Callaway Golf has Jensen Alpha of (0.24), we suggest you validate Callaway Golf Company prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Callaway Golf Trend Analysis

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

Callaway Golf Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Callaway Golf Company applied against its price change over selected period. The best fit line has a slop of 0.02 % which may imply that the returns on investment in Callaway Golf Company will continue to fail. It has 34 observation points and a regression sum of squares at 0.44, which is the sum of squared deviations for the predicted Callaway Golf price change compared to its average price change.

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Callaway Golf Company is rated below average in mean deviation category among related companies. It is rated # 5 in standard deviation category among related companies creating about  1.2  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Callaway Golf Company is roughly  1.2