HR Block Inc owns Standard Deviation of 1.37 and Market Risk Adjusted Performance of
(0.3). HR Block Inc technical analysis makes it possible for you to employ past data patterns with intention to determine a pattern that calculates the direction of the corporation future prices. Strictly speaking you can use this information to find out if the corporation will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for HR Block which can be compared to its peers in the sector. Please check out HR Block Inc Downside Deviation, Treynor Ratio, Expected Short fall, as well as the relationship between Variance and Potential Upside to decide if HR Block Inc is priced more or less accurately providing market reflects its prevailing price of 26.28 per share. Given that HR Block Inc has Jensen Alpha of (0.41), we strongly advise you confirm HR Block latest market performance to make sure the company can sustain itself sooner or later.
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HR Block Inc Technical Analysis
HR Block Inc Trend AnalysisUse this graph to draw trend lines for HR Block Inc. You can use it to identify possible trend reversals for HR Block 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 HR Block price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
HR Block Best Fit Change LineThe following chart estimates an ordinary least squares regression model for HR Block Inc applied against its price change over selected period. The best fit line has a slop of 0.01 % which may imply that the returns on investment in HR Block Inc will continue to fail. It has 34 observation points and a regression sum of squares at 0.15, which is the sum of squared deviations for the predicted HR Block price change compared to its average price change.
HR Block Inc is rated # 3 in mean deviation category among related companies. It is rated # 2 in standard deviation category among related companies creating about 1.33 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for HR Block Inc is roughly 1.33