International Business Machines Corporation retains Market Risk Adjusted Performance of 0.62 and Risk Adjusted Performance of 0.28. International Business 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 International Business which can be compared to its competitors. Please check out International BusinessInformation Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to decide if International Business is priced fairly providing market reflects its last-minute price of 120.2 per share. Given that International Business Machines Corporation has Jensen Alpha of 0.39, we strongly advise you confirm International Business regular market performance to make sure the company can sustain itself at future point.
The output start index for this execution was fourteen with a total number of output elements of three. 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 International Business 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.
International Business Trend Analysis
Use this graph to draw trend lines for International Business Machines Corporation. You can use it to identify possible trend reversals for International Business 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 International Business price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
International Business Best Fit Change Line
The following chart estimates an ordinary least squares regression model for International Business Machines Corporation applied against its price change over selected period. The best fit line has a slop of 0.19 % which may imply that International Business Machines Corporation will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 30.46, which is the sum of squared deviations for the predicted International Business price change compared to its average price change.
Did you try this?
Run Portfolio Anywhere Now
Track or share privately all of your investments from the convenience of any device