As of 22 of May DAX shows Downside Deviation of 0.9663 and Mean Deviation of 0.6476. Macroaxis technical analysis interface provides you with the way to check helpful technical drivers of DAX as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for DAX which can be compared to its rivals. Please confirm DAX Coefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if DAX is priced adequately providing market reflects its regular price of 12168.74 per share.
|Horizon||30 Days Login to change|
DAX Trend AnalysisUse this graph to draw trend lines for DAX. You can use it to identify possible trend reversals for DAX 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 DAX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
DAX Best Fit Change LineThe following chart estimates an ordinary least squares regression model for DAX applied against its price change over selected period. The best fit line has a slop of 15.54 % which means DAX will continue producing value for investors. It has 78 observation points and a regression sum of squares at 2386168.25, which is the sum of squared deviations for the predicted DAX price change compared to its average price change.
DAX May 22, 2019 Technical Indicators
|Risk Adjusted Performance||0.0589|
|Coefficient Of Variation||1227.39|
|Total Risk Alpha||0.0542|
|Value At Risk||(1.58)|
|Expected Short fall||(0.66)|
DAX May 22, 2019 Daily Price Condition
|Daily Balance Of Power||0.16|
|Rate Of Daily Change||1.00|
|Day Median Price||12,133|
|Day Typical Price||12,145|
|Price Action Indicator||48.11|
|Market Facilitation Index||155.53|