As of 24 of May MerVal secures Risk Adjusted Performance of 0.0149, Mean Deviation of 1.88 and Downside Deviation of 2.78. Macroaxis technical analysis interface lets you check existing technical drivers of MerVal 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 and Kurtosis to decide if MerVal is priced some-what accurately providing market reflects its recent price of 34378.55 per share.
|Horizon||30 Days Login to change|
MerVal Trend AnalysisUse 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 LineThe 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 50.92 % which means MerVal will continue producing value for investors. It has 78 observation points and a regression sum of squares at 2.561299849E7, which is the sum of squared deviations for the predicted MerVal price change compared to its average price change.
MerVal May 24, 2019 Technical Indicators
|Risk Adjusted Performance||0.0149|
|Coefficient Of Variation||8541.47|
|Total Risk Alpha||0.0494|
|Value At Risk||(3.91)|
|Expected Short fall||(1.68)|
MerVal May 24, 2019 Daily Price Condition
|Daily Balance Of Power||(0.17)|
|Rate Of Daily Change||1.00|
|Day Median Price||34,282|
|Day Typical Price||34,314|
|Price Action Indicator||45.50|
|Market Facilitation Index||594.22|