Advanced Micro Devices Inc shows Risk Adjusted Performance of 0.14 and Mean Deviation of 1.66. Advanced Micro Devices 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 Advanced Micro Devices Inc which can be compared to its rivals. Please confirm Advanced Micro DevicesTreynor Ratio as well as the relationship between Potential Upside and Expected Short fall to decide if Advanced Micro Devices is priced correctly providing market reflects its regular price of 11.4 per share. Given that Advanced Micro has Jensen Alpha of 0.24, we suggest you validate Advanced Micro Devices Inc prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was one with a total number of output elements of sixteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Advanced Micro Devices volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Advanced Micro Devices Trend Analysis
Use this graph to draw trend lines for Advanced Micro Devices Inc. You can use it to identify possible trend reversals for Advanced Micro 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 Advanced Micro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Advanced Micro Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Advanced Micro Devices Inc applied against its price change over selected period. The best fit line has a slop of 0.06 % which may imply that the returns on investment in Advanced Micro Devices Inc will continue to fail. It has 34 observation points and a regression sum of squares at 2.9, which is the sum of squared deviations for the predicted Advanced Micro price change compared to its average price change.
Did you try this?
Run Insider Screener Now
Find insiders across different sectors to evaluate their impact on performance
Advanced Micro Devices Inc is rated third in mean deviation category among related companies. It is rated second in standard deviation category among related companies creating about 1.20 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Advanced Micro Devices Inc is roughly 1.20