As of 22 of May Amazon shows Risk Adjusted Performance of 0.1681 and Mean Deviation of 1.09. Amazon 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 Amazon which can be compared to its rivals. Please confirm Amazon Mean Deviation, Standard Deviation, Treynor Ratio, as well as the relationship between Downside Deviation and Information Ratio to decide if Amazon is priced correctly providing market reflects its regular price of 1647.8 per share.
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Amazon Technical Analysis
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Amazon Trend AnalysisUse this graph to draw trend lines for Amazon. You can use it to identify possible trend reversals for Amazon 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 Amazon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Amazon Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Amazon applied against its price change over selected period. The best fit line has a slop of 6.94 % which means Amazon will continue producing value for investors. It has 78 observation points and a regression sum of squares at 476381.18, which is the sum of squared deviations for the predicted Amazon price change compared to its average price change.
Amazon May 22, 2019 Technical Indicators
|Risk Adjusted Performance||0.1681|
|Market Risk Adjusted Performance||2.58|
|Coefficient Of Variation||430.06|
|Total Risk Alpha||0.3146|
|Value At Risk||(1.51)|
|Expected Short fall||(1.19)|
Amazon May 22, 2019 Daily Price Condition
|Daily Balance Of Power||(0.87)|
|Rate Of Daily Change||0.99|
|Day Median Price||1,656|
|Day Typical Price||1,653|
|Price Action Indicator||(17.60)|
|Market Facilitation Index||0.046482|