As of 21 of October Boralex Inc shows Risk Adjusted Performance of 0.1673 and Mean Deviation of 0.3779. Boralex Cl A 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 Boralex Inc Cl A which can be compared to its rivals. Please confirm Boralex Cl A Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Boralex Cl A is priced correctly providing market reflects its regular price of 16.78 per share. Given that Boralex Inc has Jensen Alpha of 0.1439, we suggest you validate Boralex Inc Cl A prevailing market performance to make sure the company can sustain itself at future point.
|Horizon||30 Days Login to change|
Boralex Cl A Technical Analysis
Boralex Cl A Trend AnalysisUse this graph to draw trend lines for Boralex Inc Cl A. You can use it to identify possible trend reversals for Boralex Inc 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 Boralex Inc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Boralex Inc Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Boralex Inc Cl A applied against its price change over selected period. The best fit line has a slop of 0.03964 which means Boralex Inc Cl A will continue generating value for investors. It has 122 observation points and a regression sum of squares at 59.43, which is the sum of squared deviations for the predicted Boralex Inc price change compared to its average price change.
Boralex Inc October 21, 2019 Technical Indicators
|Risk Adjusted Performance||0.1673|
|Market Risk Adjusted Performance||1.58|
|Coefficient Of Variation||580.31|
|Total Risk Alpha||0.1631|
|Value At Risk||(0.13)|
Boralex Inc October 21, 2019 Daily Price Condition
|Daily Balance Of Power||0.00|
|Rate Of Daily Change||1.00|
|Day Median Price||16.78|
|Day Typical Price||16.78|
|Price Action Indicator||0.00|