NACCO Industries owns Market Risk Adjusted Performance of 0.7991 and Mean Deviation of 2.04. In respect to Fundamental Indicators, Macroaxis technical analysis interface lets you check possible technical drivers of NACCO Industries 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 IndustriesTreynor Ratio, and the relationship between Standard Deviation and Downside Variance to decide if NACCO Industries is priced more or less accurately providing market reflects its prevailing price of 33.35 per share. Given that NACCO Industries has Jensen Alpha of 0.17, we recommend you check NACCO Industries latest market performance to make sure the company can sustain itself in the future.
The output start index for this execution was twelve with a total number of output elements of five. 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 NACCO Industries 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.
NACCO Industries Trend Analysis
Use this graph to draw trend lines for NACCO Industries. 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 applied against its price change over selected period. The best fit line has a slop of 0.12 % which may indicate that the price for NACCO Industries will continue to decline. It has 34 observation points and a regression sum of squares at 11.41, which is the sum of squared deviations for the predicted NACCO Industries price change compared to its average price change.
Diversify with NACCO Industries
Build Optimal Portfolios
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add NACCO Industries to your portfolio