## Parex Resources Technical Analysis |

Parex Resources Inc -- Canada Stock | ## CAD 16.82 0.31 1.88% |

Parex Resources Inc holds Coefficient Of Variation of (10,929) and Risk Adjusted Performance of 0.0026. 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 some-what accurately providing market reflects its current price of 16.82 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 top-right. 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 0.000588 % which may suggest that Parex Resources Inc market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Parex Resources price change compared to its average price change.## Fund ScreenerFind activelly-traded funds from around the world traded on over 30 global exchanges |

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**fourth**in mean deviation category among related companies. It is regarded

**third**in standard deviation category among related companies creating about 1.33 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Parex Resources Inc is roughly 1.33

## Technical Drivers

Parex Resources December 13, 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 | 0.0026 | ||

Market Risk Adjusted Performance | (0.006093) | ||

Mean Deviation | 1.29 | ||

Coefficient Of Variation | (10,929) | ||

Standard Deviation | 1.71 | ||

Variance | 2.92 | ||

Information Ratio | (0.14) | ||

Jensen Alpha | (0.36) | ||

Total Risk Alpha | (0.75) | ||

Treynor Ratio | (0.016093) | ||

Maximum Drawdown | 7.27 | ||

Value At Risk | (2.43) | ||

Potential Upside | 2.08 | ||

Skewness | (0.21) | ||

Kurtosis | 0.1156 |

## Fundamentals Correlations

Analyze Parex Resources Fundamentals Trends