VMware Inc has Semi Deviation
of 0.9379, Coefficient Of Variation
of 388.01 and Risk Adjusted Performance
of 0.1239. In relation to Fundamental Indicators
, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of VMware Inc 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 prices and volume data or the prices will eventually revert. We found nineteen technical drivers
for VMware Inc which can be compared to its competition. Please validate VMware Inc Standard Deviation
as well as the relationship
between Value At Risk
to decide if VMware is priced more or less accurately providing market reflects its prevalent price of 86.48 per share. Given that VMware Inc has Jensen Alpha
of 0.3665, we advise you double-check VMware Inc current market performance to make sure the company can sustain itself at future point. Use VMware Inc technical analysis together with your other stock asset holdings to enhance returns of your portfolios as well as to check it against diversification policy that fits your risk preferences.
Use this graph to draw trend lines for VMware Inc. You can use it to identify possible trend reversals for VMware 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 VMware price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
VMware Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VMware Inc applied against its price change over selected period. The best fit line has a slop of 0.25 %
which may imply that VMware Inc will maintain its good market sentiment and make money for investors. It has 40 observation points and regression sum of squers of 82.23 which is sum of squared deviations of the predicted VMware price change against its avarage change.
VMware has a best fit line with a correlation coefficient of 0.67. and coefficient of determination of 0.45. Note, that about 35.0%
of the company outstanding shares are owned by insiders