Ryder System Technical Analysis

Ryder System Inc -- USA Stock  

USD 81.53  0.2  0.24%

Ryder System Inc holds Coefficient Of Variation of 971.94, Semi Deviation of 1.53 and Risk Adjusted Performance of 0.0582. 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 81.53 per share. Given that Ryder System has Jensen Alpha of (0.26), we recommend you check out Ryder System Inc recent market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Ryder System Inc Trend Analysis

Use 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 Line

The 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 0.38 % which indicates that Ryder System Inc will continue to generate solid returns. It has 34 observation points and a regression sum of squares at 119.26, which is the sum of squared deviations for the predicted Ryder System price change compared to its average price change.

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Fundamental Analysis

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Ryder System Inc is rated fourth in mean deviation category among related companies. It is currently regarded as top stock in standard deviation category among related companies creating about  1.48  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Ryder System Inc is roughly  1.48