As of 25 of August Altaba shows Downside Deviation of 0.4397, Risk Adjusted Performance of 0.0477 and Mean Deviation of 0.3594. Altaba technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. 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 Altaba which can be compared to its rivals. Please confirm Altaba Jensen Alpha, Potential Upside, Skewness, as well as the relationship between Maximum Drawdown and Semi Variance to decide if Altaba is priced correctly providing market reflects its regular price of 69.52 per share. Given that Altaba has Jensen Alpha of 0.0358, we suggest you validate Altaba prevailing market performance to make sure the company can sustain itself at future point.
Altaba current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Altaba Analyst Advice|
|Horizon||30 Days Login to change|
Altaba Technical Analysis
Altaba Trend AnalysisUse this graph to draw trend lines for Altaba. You can use it to identify possible trend reversals for Altaba 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 Altaba price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Altaba Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Altaba applied against its price change over selected period. The best fit line has a slop of 0.01 % which may suggest that Altaba market price will keep on failing further. It has 78 observation points and a regression sum of squares at 2.17, which is the sum of squared deviations for the predicted Altaba price change compared to its average price change.
Altaba August 25, 2019 Technical Indicators
|Risk Adjusted Performance||0.0477|
|Market Risk Adjusted Performance||0.1419|
|Coefficient Of Variation||1751.14|
|Total Risk Alpha||0.0746|
|Value At Risk||(0.69)|
|Expected Short fall||(0.50)|
Altaba August 25, 2019 Daily Price Condition
|Daily Balance Of Power||(0.05)|
|Rate Of Daily Change||1.00|
|Day Median Price||69.48|
|Day Typical Price||69.50|
|Price Action Indicator||0.03|