Loews Corporation secures Mean Deviation of 1.21 and Risk Adjusted Performance of 0.22. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Loews as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Loews which can be compared to its peers in the industry. Please verify LoewsVariance as well as the relationship between Value At Risk and Skewness to decide if Loews Corporation is priced some-what accurately providing market reflects its recent price of 49.89 per share. Given that Loews has Jensen Alpha of 0.058192, we recommend you check Loews last-minute market performance to make sure the company can sustain itself at future point.
The output start index for this execution was eleven with a total number of output elements of six. 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 Loews 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.
Loews Trend Analysis
Use this graph to draw trend lines for Loews Corporation. You can use it to identify possible trend reversals for Loews 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 Loews price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Loews Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Loews Corporation applied against its price change over selected period. The best fit line has a slop of 0.17 % which may imply that the price for Loews Corporation will drop even more. It has 34 observation points and a regression sum of squares at 22.82, which is the sum of squared deviations for the predicted Loews price change compared to its average price change.
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Loews Corporation is rated below average in mean deviation category among related companies. It is rated fourth overall 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 Loews Corporation is roughly 1.43