As of 18 of October Jianpu Technology retains Market Risk Adjusted Performance of 1.56 and Risk Adjusted Performance of (0.11). Jianpu Technology 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 Jianpu Technology which can be compared to its competitors. Please check out Jianpu TechnologyStandard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Jianpu Technology is priced fairly providing market reflects its last-minute price of 2.34 per share. Please also validate Jianpu Technology Total Risk Alpha which is currently at (0.23) to confirm the company can sustain itself at future point.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Jianpu Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Jianpu Technology Trend Analysis
Use this graph to draw trend lines for Jianpu Technology. You can use it to identify possible trend reversals for Jianpu Technology 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 Jianpu Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Jianpu Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Jianpu Technology 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 Jianpu Technology will continue to decline. It has 122 observation points and a regression sum of squares at 28.38, which is the sum of squared deviations for the predicted Jianpu Technology price change compared to its average price change.
Jianpu Technology October 18, 2019 Technical Indicators