As of 23 of October Exxon shows Coefficient Of Variation of (1,634) and Mean Deviation of 1.03. In respect to Fundamental Indicators, Macroaxis technical analysis interface provides you with the way to check existing technical drivers of Exxon as well as the relationship between them. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Exxon Mobil Corporation which can be compared to its rivals. Please confirm Exxon MobilMarket Risk Adjusted Performance, Variance as well as the relationship between Variance and Potential Upside to decide if Exxon Mobil is priced favorably providing market reflects its regular price of 69.47 per share. Given that Exxon has Jensen Alpha of (0.06), we urge you verify Exxon Mobil Corporation prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Normalized Average True Range is used to analyze tradable apportunities for Exxon Mobil across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.
Exxon Mobil Trend Analysis
Use this graph to draw trend lines for Exxon Mobil Corporation. You can use it to identify possible trend reversals for Exxon 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 Exxon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Exxon Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Exxon Mobil Corporation applied against its price change over selected period. The best fit line has a slop of 0.01 which may imply that the returns on investment in Exxon Mobil Corporation will continue to fail. It has 122 observation points and a regression sum of squares at 6.95, which is the sum of squared deviations for the predicted Exxon price change compared to its average price change.
See also Your Current Watchlist. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.