As of 22 of March Engel Resources shows Mean Deviation of 0.0588, Downside Deviation of 0.2356 and Coefficient Of Variation of 180132.38. Engel Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 Engel Resources and Development Ltd which can be compared to its rivals. Please confirm Engel Resources Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to decide if Engel Resources is priced favorably providing market reflects its regular price of 1860.0 per share.
|Horizon||30 Days Login to change|
Engel Resources Technical Analysis
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Engel Resources Trend AnalysisUse this graph to draw trend lines for Engel Resources and Development Ltd. You can use it to identify possible trend reversals for Engel Resources 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 Engel Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Engel Resources Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Engel Resources and Development Ltd applied against its price change over selected period. The best fit line has a slop of 0.2 % which may suggest that Engel Resources and Development Ltd market price will keep on failing further. It has 78 observation points and a regression sum of squares at 388.83, which is the sum of squared deviations for the predicted Engel Resources price change compared to its average price change.
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|Risk Adjusted Performance||(0.048878)|
|Market Risk Adjusted Performance||(0.29)|
|Coefficient Of Variation||180132.38|
|Total Risk Alpha||(0.036635)|
|Value At Risk||(0.22)|
|Expected Short fall||(0.22)|