AutoNation shows Risk Adjusted Performance of 0.23 and Mean Deviation of 1.39. AutoNation 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 AutoNation which can be compared to its rivals. Please confirm AutoNationTreynor Ratio as well as the relationship between Potential Upside and Expected Short fall to decide if AutoNation is priced correctly providing market reflects its regular price of 46.39 per share. Given that AutoNation has Jensen Alpha of 0.24, we suggest you validate AutoNation prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was five with a total number of output elements of thirty-four. 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 AutoNation 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.
AutoNation Trend Analysis
Use this graph to draw trend lines for AutoNation. You can use it to identify possible trend reversals for AutoNation 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 AutoNation price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
AutoNation Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AutoNation applied against its price change over selected period. The best fit line has a slop of 0.14 % which may indicate that the price for AutoNation will continue to decline. It has 78 observation points and a regression sum of squares at 201.08, which is the sum of squared deviations for the predicted AutoNation price change compared to its average price change.
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