Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Ryder System 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 Ryder System Inc which can be compared to its competitors. Please check Ryder System Inc Semi Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if Ryder System Inc is priced some-what accurately providing market reflects its current price of 75.1 per share. Given that Ryder System has Jensen Alpha of 0.0, we recommend you check out Ryder System Inc recent market performance to make sure the company can sustain itself at future point.
|Time Horizon||30 Days Login to change|
Ryder System Inc Technical Analysis
Ryder System Inc Trend AnalysisUse this graph to draw trend lines for Ryder System Inc. You can use it to identify possible trend reversals for Ryder System 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 Ryder System price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Ryder System Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Ryder System Inc applied against its price change over selected period. The best fit line has a slop of 0.64 % which may imply that the price for Ryder System Inc will drop even more. It has 34 observation points and a regression sum of squares at 338.63, which is the sum of squared deviations for the predicted Ryder System price change compared to its average price change.
Ryder System Inc is rated below average in mean deviation category among related companies. It is rated below average in standard deviation category among related companies .