OReilly technical analysis

OReilly Automotive Inc holds Coefficient Of Variation of 2619.53, Semi-Deviation of 0.7703 and Risk Adjusted Performance of 0.0329. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of OReilly as well as the relationship between them. In other words you can use this information to find out if the company is indeed will mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for OReilly Automotive which can be compared to its competitors. Please check OReilly Automotive Semi-Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if OReilly Automotive is priced some-what accurately providing market reflects its current price of 111.95 per share. Given that OReilly has Jensen Alpha of 0.147, we recommend you check out OReilly Automotive recent market performance to make sure the company can sustain itself at future point. Use OReilly Automotive Inc technical analysis together with your other stock asset holdings to enhance returns of your portfolios as well as to check it against diversification policy that fits your risk preferences.  

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

OReilly Best Fit Change Line

The following chart estimates an ordinary least squares regression model for OReilly Automotive Inc applied against its price change over selected period. The best fit line has a slop of 0.01 % which may suggest that OReilly Automotive Inc market price will keep on failing further. It has 38 observation points and regression sum of squers of 0.12 which is sum of squared deviations of the predicted OReilly price change against its avarage change. OReilly has a best fit line with a correlation coefficient of -0.06. and coefficient of determination of 0.0. Note, that about 90.0% of the company shares are owned by institutional investors.