Web Group Inc maintains Market Risk Adjusted Performance
of 0.3755, Mean Deviation
of 1.36 and Downside Deviation
of 1.6. Relative to Fundamental Indicators
, Macroaxis technical analysis interface lets you check existing technical drivers of Web Group 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 Web Group which can be compared to its rivals. Please check out Web Group Standard Deviation
, Value At Risk
, as well as the relationship
between Jensen Alpha
and Semi Variance
to decide if Web Group is priced fairly providing market reflects its latest price of 28.78 per share. Given that Web Group Inc has Jensen Alpha
of 0.2844, we strongly advise you confirm Web Group prevalent market performance to make sure the company can sustain itself at future point. Use Web Group Inc technical analysis within your current portfolio analysis strategies to protect against small markets fluctuations and to find right Stock diversification strategy.
Use this graph to draw trend lines for Web Group Inc. You can use it to identify possible trend reversals for Web Group 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 Web Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Web Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Web Group Inc applied against its price change over selected period. The best fit line has a slop of 0.13 %
which means Web Group Inc will continue generating value for investors. It has 40 observation points and regression sum of squers of 23.35 which is sum of squared deviations of the predicted Web Group price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||Web Group || |
Web Group has a best fit line with a correlation coefficient of 0.88. and coefficient of determination of 0.78. Note, that about 90.0%
of the company outstanding shares are owned by institutional investors