As of 20 of October KAR Auction secures Market Risk Adjusted Performance of 0.0013, Downside Deviation of 1.96 and Mean Deviation of 1.38. KAR Auction Services technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the entity future prices. Strictly speaking you can use this information to find out if the entity will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for KAR Auction which can be compared to its peers in the industry. Please verify KAR Auction Services Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if KAR Auction Services is priced fairly providing market reflects its recent price of 24.32 per share. Given that KAR Auction Services has Jensen Alpha of 0.0167, we recommend you check KAR Auction last-minute market performance to make sure the company can sustain itself in the future.
KAR Auction Services current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|KAR Auction Analyst Advice|
|Horizon||30 Days Login to change|
KAR Auction Services Technical Analysis
KAR Auction Services Trend AnalysisUse this graph to draw trend lines for KAR Auction Services. You can use it to identify possible trend reversals for KAR Auction 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 KAR Auction price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
KAR Auction Best Fit Change LineThe following chart estimates an ordinary least squares regression model for KAR Auction Services applied against its price change over selected period. The best fit line has a slop of 0.04 which may imply that the returns on investment in KAR Auction Services will continue to fail. It has 122 observation points and a regression sum of squares at 46.33, which is the sum of squared deviations for the predicted KAR Auction price change compared to its average price change.
KAR Auction October 20, 2019 Technical Indicators
|Risk Adjusted Performance||0.0065|
|Market Risk Adjusted Performance||0.0013|
|Coefficient Of Variation||54342.9|
|Total Risk Alpha||0.0512|
|Value At Risk||(2.61)|
|Expected Short fall||(1.34)|
KAR Auction October 20, 2019 Daily Price Condition
|Daily Balance Of Power||(0.94)|
|Rate Of Daily Change||0.98|
|Day Median Price||24.11|
|Day Typical Price||24.18|
|Price Action Indicator||(0.035)|