Parex Resources Technical Analysis 
Parex Resources Inc  Canada Stock  CAD 15.81 0.28 1.8% 
Parex Resources Inc holds Coefficient Of Variation of 614.89, Semi Deviation of 1.42 and Risk Adjusted Performance of 0.0508. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Parex Resources as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Parex Resources Inc which can be compared to its competitors. Please check Parex Resources Inc Information Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to decide if Parex Resources Inc is priced somewhat accurately providing market reflects its current price of 15.81 per share.
Investment Horizon  30 Days Login to change 
Parex Resources Inc Trend Analysis
Use this graph to draw trend lines for Parex Resources Inc. You can use it to identify possible trend reversals for Parex Resources 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 Parex Resources price movement. To start drawing, click on the pencil icon on topright. To remove the trend, use eraser icon.Parex Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Parex Resources Inc applied against its price change over selected period. The best fit line has a slop of 0.04701 % which means Parex Resources Inc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 1.8, which is the sum of squared deviations for the predicted Parex Resources price change compared to its average price change.Chance of DistressGet analysis of equity chance of financial distress in the next 2 years 
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Mean Deviation  ...

Technical Drivers
Parex Resources October 21, 2017 Technical Indicators
Cycle Indicators  
Math Operators  
Math Transform  
Momentum Indicators  
Overlap Studies  
Pattern Recognition  
Price Transform  
Statistic Functions  
Volatility Indicators  
Volume Indicators 
Risk Adjusted Performance  0.0508  
Market Risk Adjusted Performance  (0.12)  
Mean Deviation  1.37  
Semi Deviation  1.42  
Downside Deviation  1.83  
Coefficient Of Variation  614.89  
Standard Deviation  1.78  
Variance  3.18  
Information Ratio  0.0784  
Jensen Alpha  0.592  
Total Risk Alpha  (0.68)  
Sortino Ratio  0.0765  
Treynor Ratio  (0.13)  
Maximum Drawdown  7.46  
Value At Risk  (2.53)  
Potential Upside  3.13  
Downside Variance  3.34  
Semi Variance  2.02  
Expected Short fall  (1.53)  
Skewness  0.3569  
Kurtosis  0.4454 
Fundamentals Correlations
Analyze Parex Resources Fundamentals Trends