Wal Mart Stores Inc maintains Market Risk Adjusted Performance of 0.69 and Mean Deviation of 1.83. Relative to Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Wal Mart Stores Inc as well as the relationship between them. Specifically you can use this information to find out if the organization will indeed mirror its model of past data patterns or the prices will eventually revert. We found nineteen technical drivers for Wal Mart Stores which can be compared to its rivals. Please check out Wal Mart StoresStandard Deviation, Value At Risk as well as the relationship between Value At Risk and Kurtosis to decide if Wal Mart Stores is priced fairly providing market reflects its latest price of 92.46 per share. Given that Wal Mart Stores Inc has Jensen Alpha of 0.40, we strongly advise you confirm Wal Mart Stores prevalent market performance to make sure the company can sustain itself at future point.
The output start index for this execution was twelve with a total number of output elements of five. 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 Wal Mart Stores 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.
Wal Mart Stores Trend Analysis
Use this graph to draw trend lines for Wal Mart Stores Inc. You can use it to identify possible trend reversals for Wal Mart 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 Wal Mart price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Wal Mart Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wal Mart Stores Inc applied against its price change over selected period. The best fit line has a slop of 0.71 % which may imply that the returns on investment in Wal Mart Stores Inc will continue to fail. It has 34 observation points and a regression sum of squares at 407.72, which is the sum of squared deviations for the predicted Wal Mart price change compared to its average price change.
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Wal Mart Stores Inc is rated fourth in mean deviation category among related companies. It is currently under evaluation 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 Wal Mart Stores Inc is roughly 1.47