As of 20 of September Byline Bancorp shows Mean Deviation of 1.15, Downside Deviation of 1.49 and Risk Adjusted Performance of 0.0057. Byline Bancorp 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 Byline Bancorp which can be compared to its rivals. Please confirm Byline Bancorp Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Byline Bancorp is priced correctly providing market reflects its regular price of 18.94 per share. Given that Byline Bancorp has Jensen Alpha of (0.033755), we suggest you validate Byline Bancorp prevailing market performance to make sure the company can sustain itself at future point.
Byline Bancorp current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Byline Bancorp Analyst Advice|
|Horizon||30 Days Login to change|
Byline Bancorp Technical Analysis
Byline Bancorp Trend AnalysisUse this graph to draw trend lines for Byline Bancorp. You can use it to identify possible trend reversals for Byline Bancorp 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 Byline Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Byline Bancorp Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Byline Bancorp applied against its price change over selected period. The best fit line has a slop of 0.03 % which may indicate that the price for Byline Bancorp will continue to decline. It has 122 observation points and a regression sum of squares at 29.16, which is the sum of squared deviations for the predicted Byline Bancorp price change compared to its average price change.
Byline Bancorp September 20, 2019 Technical Indicators
|Risk Adjusted Performance||0.0057|
|Market Risk Adjusted Performance||0.0017|
|Coefficient Of Variation||57938.78|
|Total Risk Alpha||(0.06)|
|Value At Risk||(2.28)|
|Expected Short fall||(1.19)|
Byline Bancorp September 20, 2019 Daily Price Condition
|Daily Balance Of Power||0.16|
|Rate Of Daily Change||1.00|
|Day Median Price||18.77|
|Day Typical Price||18.83|
|Price Action Indicator||0.20|