Greencore Group plc retains Downside Deviation
of 3.37, Market Risk Adjusted Performance
of 1.14 and Risk Adjusted Performance
of 0.0402. Greencore 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 is indeed will mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers
for Greencore Group plc which can be compared to its competitors. Please check out Greencore Group plc Information Ratio
, Value At Risk
and the relationship
between Standard Deviation
and Treynor Ratio
to decide if Greencore is priced fairly providing market reflects its last-minute price of 128.25 per share. Use Greencore Group plc (#IE0003864109UK) technical analysis concurrently with your other holdings, portfolios, and investing themes to protect against small markets fluctuations and to back test it against optimization strategy that fits your risk preferences.
Use this graph to draw trend lines for Greencore Group plc. You can use it to identify possible trend reversals for Greencore 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 Greencore price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Greencore Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Greencore Group plc applied against its price change over selected period. The best fit line has a slop of 0.21 %
which may suggest that Greencore Group plc market price will keep on failing further. It has 18 observation points and regression sum of squers of 5.46 which is sum of squared deviations of the predicted Greencore price change against its avarage change.
|Price Growth (%) |
|Greencore || ||Prediction Trend || |
Greencore has a best fit line with a correlation coefficient of -0.23. and coefficient of determination of 0.05. Note, that the company has price/earnings to growth (peg) ratio of 1.16.