Harman International Industries Incorporated retains Downside Deviation of 94.28, Market Risk Adjusted Performance of 14522.34 and Risk Adjusted Performance of 0.1476. Harman International 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 Harman International which can be compared to its competitors. Please check out Harman International Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Harman International is priced fairly providing market reflects its last-minute price of 12900.0 per share. Given that Harman International Industries Incorporated has Jensen Alpha of 1379609.08, we strongly advise you confirm Harman International regular market performance to make sure the company can sustain itself at future point.
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Harman International Trend AnalysisUse this graph to draw trend lines for Harman International Industries Incorporated. You can use it to identify possible trend reversals for Harman International 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 Harman International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Harman International Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Harman International Industries Incorporated applied against its price change over selected period. The best fit line has a slop of 62.74 % which may suggest that Harman International Industries Incorporated is still a good investment. It has 34 observation points and a regression sum of squares at 3212380.86, which is the sum of squared deviations for the predicted Harman International price change compared to its average price change.
Harman International Industries Incorporated is rated # 2 in mean deviation category among related companies. It is one of the top stocks in standard deviation category among related companies creating about 1.16 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Harman International Industries Incorporated is roughly 1.16