MRC Global Technical Analysis

MRC Global Inc -- USA Stock  

USD 16.5  0.52  3.25%

MRC Global Inc owns Semi Deviation of 1.07, Market Risk Adjusted Performance of 0.3318 and Mean Deviation of 1.34. In relation to Fundamental Indicators, Macroaxis technical analysis interface lets you check practical technical drivers of MRC Global Inc 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 historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for MRC Global which can be compared to its peers in the sector. Please verify MRC Global Inc Treynor Ratio, and the relationship between Standard Deviation and Downside Variance to decide if MRC Global Inc is priced correctly providing market reflects its prevailing price of 16.5 per share. Given that MRC Global Inc has Jensen Alpha of 0.1415, we recommend you check MRC Global latest market performance to make sure the company can sustain itself at some point future time.
Investment Horizon     30 Days    Login   to change

MRC Global Inc Trend Analysis

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

MRC Global Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MRC Global Inc applied against its price change over selected period. The best fit line has a slop of 0.053137 % which may imply that MRC Global Inc will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 2.3, which is the sum of squared deviations for the predicted MRC Global price change compared to its average price change.

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MRC Global Inc is regarded fourth in mean deviation category among related companies. It is regarded third in standard deviation category among related companies creating about  1.2  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for MRC Global Inc is roughly  1.2