|NACCO Industries Inc -- USA Stock|| |
USD 37.65 1.25 3.43%
NACCO Industries Inc owns Market Risk Adjusted Performance
of 0.0754 and Mean Deviation
of 5.58. In respect to Fundamental Indicators
, Macroaxis technical analysis interface lets you check possible technical drivers of NACCO Industries Inc as well as the relationship between them. Strictly speaking you can use this information to find out if the entity will indeed mirror its model of historical prices
and volume patterns or the prices will eventually revert. We found nineteen technical drivers
for NACCO Industries which can be compared to its peers in the sector. Please verify NACCO Industries Inc Treynor Ratio
, and the relationship
between Standard Deviation
and Downside Variance
to decide if NACCO Industries Inc is priced more or less accurately providing market reflects its prevailing price of 37.65 per share. Given that NACCO Industries Inc has Jensen Alpha
of 1.88, we recommend you check NACCO Industries latest market performance to make sure the company can sustain itself in the future.
NACCO Industries Inc Trend Analysis
Use this graph to draw trend lines for NACCO Industries Inc. You can use it to identify possible trend reversals for NACCO Industries 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 NACCO Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NACCO Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NACCO Industries Inc applied against its price change over selected period. The best fit line has a slop of 3.09 %
which may indicate that the price for NACCO Industries Inc will continue to decline. It has 34 observation points and a regression sum of squares at 7790.38, which is the sum of squared deviations for the predicted NACCO Industries price change compared to its average price change.