Ryder System holds Coefficient Of Variation of 503.14, Semi Deviation of 1.65 and Risk Adjusted Performance of 0.01. 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 which can be compared to its competitors. Please check Ryder SystemSemi Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if Ryder System is priced some-what accurately providing market reflects its current price of 73.12 per share. Given that Ryder System has Jensen Alpha of 0.0, we recommend you check out Ryder System recent market performance to make sure the company can sustain itself at future point.
The output start index for this execution was one with a total number of output elements of sixteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ryder System volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Ryder System Trend Analysis
Use this graph to draw trend lines for Ryder System. 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 applied against its price change over selected period. The best fit line has a slop of 0.22 % which indicates that Ryder System will continue to generate solid returns. It has 34 observation points and a regression sum of squares at 38.25, which is the sum of squared deviations for the predicted Ryder System price change compared to its average price change.
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