SP Plus Technical Analysis

SP Plus Corporation -- USA Stock  

USD 38.4  1.2  3.03%

SP Plus Corporation owns Mean Deviation of 1.02, Risk Adjusted Performance of 0.1279 and Downside Deviation of 0.9862. 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 Plus Standard 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 38.4 per share. Given that SP Plus has Jensen Alpha of 0.1379, we advise you double-check SP Plus latest market performance to make sure the company can sustain itself at some future date.
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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 0.005392 % 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 0.02, which is the sum of squared deviations for the predicted SP Plus price change compared to its average price change.

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SP Plus Corporation is rated fifth in mean deviation category among related companies. It is rated fourth in standard deviation category among related companies creating about  1.24  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for SP Plus Corporation is roughly  1.24