SP Plus Corporation owns Mean Deviation of 0.8922 and Risk Adjusted Performance of 0.12. Concerning Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check potential technical drivers of SP Plus as well as the relationship between them. Strictly speaking you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for SP Plus which can be compared to its peers in the sector. Please validate SP PlusStandard Deviation as well as the relationship between Value At Risk and Kurtosis to decide if SP Plus Corporation is priced correctly providing market reflects its prevailing price of 36.9 per share. Given that SP Plus has Jensen Alpha of 0.26, we advise you double-check SP Plus latest market performance to make sure the company can sustain itself at some future date.
The output start index for this execution was six with a total number of output elements of eleven. 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 SP Plus 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.
SP Plus Trend Analysis
Use this graph to draw trend lines for SP Plus Corporation. You can use it to identify possible trend reversals for SP Plus 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 SP Plus price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
SP Plus Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SP Plus Corporation applied against its price change over selected period. The best fit line has a slop of 0.07 % which may indicate that the price for SP Plus Corporation will continue to decline. It has 34 observation points and a regression sum of squares at 3.48, which is the sum of squared deviations for the predicted SP Plus price change compared to its average price change.
Diversify with SP Plus Corporation
Build Optimal Portfolios
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add SP Plus Corporation to your portfolio