As of 16 of September News secures Risk Adjusted Performance of 0.0747, Mean Deviation of 1.02 and Downside Deviation of 1.76. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of News 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 News which can be compared to its peers in the industry. Please verify News Jensen Alpha, Potential Upside as well as the relationship between Potential Upside and Skewness to decide if News Corporation is priced some-what accurately providing market reflects its recent price of 14.55 per share. Given that News has Jensen Alpha of 0.0925, we recommend you check News last-minute market performance to make sure the company can sustain itself at future point.
News Corporation current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|News Analyst Advice|
|Horizon||30 Days Login to change|
News Technical Analysis
News Trend AnalysisUse this graph to draw trend lines for News Corporation. You can use it to identify possible trend reversals for News 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 News price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
News Best Fit Change LineThe following chart estimates an ordinary least squares regression model for News Corporation applied against its price change over selected period. The best fit line has a slop of 0.015741 % which means News Corporation will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.37, which is the sum of squared deviations for the predicted News price change compared to its average price change.
News September 16, 2019 Technical Indicators
|Risk Adjusted Performance||0.0747|
|Market Risk Adjusted Performance||0.1209|
|Coefficient Of Variation||1250.01|
|Total Risk Alpha||0.0818|
|Value At Risk||(1.69)|
|Expected Short fall||(1.13)|
News September 16, 2019 Daily Price Condition
|Daily Balance Of Power||0.76|
|Rate Of Daily Change||1.01|
|Day Median Price||14.49|
|Day Typical Price||14.51|
|Price Action Indicator||0.12|