|MERV -- Argentina Index|| |
30,151 410.62 1.34%
As of 18 of September MerVal secures Risk Adjusted Performance
of 0.0016 and Mean Deviation
of 3.18. Macroaxis technical analysis interface lets you check existing technical drivers
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 MerVal which can be compared to its peers in the industry. Please verify MerVal Standard Deviation
as well as the relationship
between Value At Risk
to decide if MerVal is priced some-what accurately providing market reflects its recent price of 30150.65 per share.
MerVal Trend Analysis
Use this graph to draw trend lines for MerVal. You can use it to identify possible trend reversals for MerVal 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 MerVal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
MerVal Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MerVal applied against its price change over selected period. The best fit line has a slop of 324.06 %
which may suggest that MerVal market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.97155008679E9, which is the sum of squared deviations for the predicted MerVal price change compared to its average price change.