Gannett Co Inc retains Downside Deviation
of 1.7, Market Risk Adjusted Performance
of 0.2402 and Risk Adjusted Performance
of 0.1198. Gannett technical analysis makes it possible for you to employ historical prices
and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers
for Gannett Co which can be compared to its competitors. Please check out Gannett Co Maximum Drawdown
, and the relationship
between Information Ratio
and Downside Variance
to decide if Gannett is priced fairly providing market reflects its last-minute price of 27.81 per share. Given that Gannett Co Inc has Jensen Alpha
of 0.2693, we strongly advise you confirm Gannett Co regular market performance to make sure the company can sustain itself at future point. Use Gannett Co Inc technical analysis concurrently with your other holdings, portfolios, and investing themes to enhance returns of your portfolios and to back test it against optimization strategy that fits your risk preferences.
Gannett Co Trend Analysis
Use this graph to draw trend lines for Gannett Co Inc. You can use it to identify possible trend reversals for Gannett 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 Gannett price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Gannett Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gannett Co Inc applied against its price change over selected period. The best fit line has a slop of 0.0036 %
which may imply that Gannett Co Inc will maintain its good market sentiment and make money for investors. It has 36 observation points and regression sum of squers of 0.01 which is sum of squared deviations of the predicted Gannett price change against its avarage change.
Gannett has a best fit line with a correlation coefficient of 0.03. and coefficient of determination of 0.0. Note, that about 98.0%
of the company shares are owned by institutional investors