As of 18 of September Nasdaq secures Downside Deviation of 1.27, Mean Deviation of 0.7727 and Risk Adjusted Performance of 0.0326. Macroaxis technical analysis interface lets you check existing technical drivers of Nasdaq as well as the relationship between them. Strictly speaking you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Nasdaq which can be compared to its peers in the industry. Please verify Nasdaq Information Ratio, and the relationship between Downside Deviation and Value At Risk to decide if Nasdaq is priced some-what accurately providing market reflects its recent price of 8186.02 per share.
|Horizon||30 Days Login to change|
Nasdaq Trend AnalysisUse this graph to draw trend lines for Nasdaq. You can use it to identify possible trend reversals for Nasdaq 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 Nasdaq price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Nasdaq Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Nasdaq applied against its price change over selected period. The best fit line has a slop of 1.7 % which may suggest that Nasdaq market price will keep on failing further. It has 122 observation points and a regression sum of squares at 109771.96, which is the sum of squared deviations for the predicted Nasdaq price change compared to its average price change.
Nasdaq September 18, 2019 Technical Indicators
|Risk Adjusted Performance||0.0326|
|Coefficient Of Variation||2866.13|
|Total Risk Alpha||(0.01121)|
|Value At Risk||(1.51)|
|Expected Short fall||(0.92)|
Nasdaq September 18, 2019 Daily Price Condition
|Daily Balance Of Power||0.67|
|Rate Of Daily Change||1.00|
|Day Median Price||8,164|
|Day Typical Price||8,171|
|Price Action Indicator||38.23|
|Market Facilitation Index||48.41|