As of 20 of February International Business retains Downside Deviation of 1.74, Risk Adjusted Performance of 0.2347 and Market Risk Adjusted Performance of 0.3012. International Business technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for International Business which can be compared to its competitors. Please check out International Business Information Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to decide if International Business is priced fairly providing market reflects its last-minute price of 137.59 per share. Given that International Business Machines Corporation has Jensen Alpha of 0.2047, we strongly advise you confirm International Business regular market performance to make sure the company can sustain itself at future point.
|Horizon||30 Days Login to change|
International Business Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
International Business Trend AnalysisUse this graph to draw trend lines for International Business Machines Corporation. You can use it to identify possible trend reversals for International Business 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 International Business price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
International Business Best Fit Change LineThe following chart estimates an ordinary least squares regression model for International Business Machines Corporation applied against its price change over selected period. The best fit line has a slop of 0.79 % which may imply that International Business Machines Corporation will maintain its good market sentiment and make money for investors. It has 78 observation points and a regression sum of squares at 6202.79, which is the sum of squared deviations for the predicted International Business price change compared to its average price change.
Search for activelly-traded equities including funds and ETFs from over 30 global markets
|All Next||Launch Equity Search|
|Risk Adjusted Performance||0.2347|
|Market Risk Adjusted Performance||0.3012|
|Coefficient Of Variation||769.85|
|Total Risk Alpha||0.1851|
|Value At Risk||(3.04)|
|Expected Short fall||(1.43)|
Please also check Risk vs Return Analysis. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.