Mentor Graphics Corporation secures Coefficient Of Variation of 580.07, Mean Deviation of 0.0676 and Risk Adjusted Performance of 0.0905. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Mentor Graphics 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 eighteen technical drivers for Mentor Graphics which can be compared to its peers in the industry. Please verify Mentor Graphics Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Mentor Graphics Corporation is priced some-what accurately providing market reflects its recent price of 37.26 per share. Given that Mentor Graphics has Treynor Ratio of 0.59, we recommend you check Mentor Graphics last-minute market performance to make sure the company can sustain itself at future point.
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Mentor Graphics Technical Analysis
Mentor Graphics Trend AnalysisUse this graph to draw trend lines for Mentor Graphics Corporation. You can use it to identify possible trend reversals for Mentor Graphics 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 Mentor Graphics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Mentor Graphics Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Mentor Graphics Corporation applied against its price change over selected period. The best fit line has a slop of 0.72 % which may suggest that Mentor Graphics Corporation market price will keep on failing further. It has 34 observation points and a regression sum of squares at 428.27, which is the sum of squared deviations for the predicted Mentor Graphics price change compared to its average price change.
Mentor Graphics Corporation is rated below average in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.47 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Mentor Graphics Corporation is roughly 1.47