As of 14 of October Churchill Downs shows Downside Deviation of 1.83, Mean Deviation of 1.27 and Risk Adjusted Performance of 0.1264. Churchill Downs Inco 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 Churchill Downs Incorporated which can be compared to its rivals. Please confirm Churchill Downs Inco Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Churchill Downs Inco is priced correctly providing market reflects its regular price of 131.25 per share. Given that Churchill Downs has Jensen Alpha of 0.2319, we suggest you validate Churchill Downs Incorporated prevailing market performance to make sure the company can sustain itself at future point.
Churchill Downs Incorporated current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Churchill Downs Analyst Advice|
|Horizon||30 Days Login to change|
Churchill Downs Inco Technical Analysis
Churchill Downs Inco Trend AnalysisUse this graph to draw trend lines for Churchill Downs Incorporated. You can use it to identify possible trend reversals for Churchill Downs 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 Churchill Downs price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Churchill Downs Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Churchill Downs Incorporated applied against its price change over selected period. The best fit line has a slop of 0.16 which means Churchill Downs Incorporated will continue generating value for investors. It has 122 observation points and a regression sum of squares at 921.07, which is the sum of squared deviations for the predicted Churchill Downs price change compared to its average price change.
Churchill Downs October 14, 2019 Technical Indicators
|Risk Adjusted Performance||0.1264|
|Market Risk Adjusted Performance||0.1981|
|Coefficient Of Variation||797.23|
|Total Risk Alpha||0.246|
|Value At Risk||(2.49)|
|Expected Short fall||(1.32)|
Churchill Downs October 14, 2019 Daily Price Condition
|Daily Balance Of Power||0.59|
|Rate Of Daily Change||1.01|
|Day Median Price||130.96|
|Day Typical Price||131.06|
|Price Action Indicator||1.18|