Joy Global Technical Analysis

    Joy Global Inc -- USA Stock  

    USD 28.3  0.00  0.00%

    Joy Global Inc retains Coefficient Of Variation of 550.73, Market Risk Adjusted Performance of (0.23) and Risk Adjusted Performance of 0.0338. Joy Global 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 eighteen technical drivers for Joy Global Inc which can be compared to its competitors. Please check out Joy Global Inc Risk Adjusted Performance, Variance as well as the relationship between Variance and Potential Upside to decide if Joy Global is priced fairly providing market reflects its last-minute price of 28.3 per share. Given that Joy Global Inc has Treynor Ratio of (0.24), we strongly advise you confirm Joy Global Inc regular market performance to make sure the company can sustain itself at future point.
    Investment Horizon     30 Days    Login   to change

    Joy Global Inc Trend Analysis

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

    Joy Global Best Fit Change Line

    The following chart estimates an ordinary least squares regression model for Joy Global Inc applied against its price change over selected period. The best fit line has a slop of 0.55 % which may imply that the returns on investment in Joy Global Inc will continue to fail. It has 34 observation points and a regression sum of squares at 243.4, which is the sum of squared deviations for the predicted Joy Global price change compared to its average price change.

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    Joy Global Inc is rated third overall in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.43  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Joy Global Inc is roughly  1.43