Admedus Limited shows Downside Deviation of 50.36, Risk Adjusted Performance of 0.1401 and Mean Deviation of 20.33. Admedus Limited 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 Admedus Limited which can be compared to its rivals. Please confirm Admedus Limited Information Ratio as well as the relationship between Value At Risk and Expected Short fall to decide if Admedus Limited is priced correctly providing market reflects its regular price of 0.065 per share. As Admedus Limited appears to be a penny stock we also recommend to validate its Total Risk Alpha numbers.
|Horizon||30 Days Login to change|
Admedus Limited Technical Analysis
Admedus Limited Trend AnalysisUse this graph to draw trend lines for Admedus Limited. You can use it to identify possible trend reversals for Admedus 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 Admedus price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Admedus Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Admedus Limited applied against its price change over selected period. The best fit line has a slop of 0.0082 % which may suggest that Admedus Limited market price will keep on failing further. It has 78 observation points and a regression sum of squares at 0.67, which is the sum of squared deviations for the predicted Admedus price change compared to its average price change.
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|Risk Adjusted Performance||0.1401|
|Market Risk Adjusted Performance||(0.46)|
|Coefficient Of Variation||1013.63|
|Total Risk Alpha||11.85|
|Value At Risk||(40.00)|
|Expected Short fall||(54.95)|