Independence Holding Technical Analysis

IHC -- USA Stock  

USD 41.25  0.44  1.06%

As of the 9th of December Independence Holding retains Risk Adjusted Performance of 0.0803, Downside Deviation of 1.34 and Market Risk Adjusted Performance of 0.2609. Independence Holding 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 Independence Holding which can be compared to its competitors. Please check out Independence Holding Coefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to decide if Independence Holding is priced fairly providing market reflects its last-minute price of 41.25 per share. Given that Independence Holding Company has Jensen Alpha of 0.1249, we strongly advise you confirm Independence Holding regular market performance to make sure the company can sustain itself at future point.
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Independence Holding Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Independence Holding 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.

Independence Holding Trend Analysis

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

Independence Holding Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Independence Holding Company applied against its price change over selected period. The best fit line has a slop of   0.06  which may imply that Independence Holding Company will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 129.22, which is the sum of squared deviations for the predicted Independence Holding price change compared to its average price change.

Independence Holding December 9, 2019 Technical Indicators

Independence Holding December 9, 2019 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.