As of 18 of February LIGAND PHARM secures Risk Adjusted Performance of 0.3733 and Mean Deviation of 3.98. Macroaxis technical analysis interface lets you check helpful technical drivers of LIGAND PHARM INC as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for LIGAND PHARM which can be compared to its peers in the industry. Please verify LIGAND PHARM INC Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if LIGAND PHARM INC is priced fairly providing market reflects its recent price of 0.12 per share. As LIGAND PHARM INC appears to be a penny stock we also strongly suggest to check its Total Risk Alpha numbers.
|Horizon||30 Days Login to change|
LIGAND PHARM INC Technical Analysis
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LIGAND PHARM INC Trend AnalysisUse this graph to draw trend lines for LIGAND PHARM INC. You can use it to identify possible trend reversals for LIGAND PHARM 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 LIGAND PHARM price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
LIGAND PHARM Best Fit Change LineThe following chart estimates an ordinary least squares regression model for LIGAND PHARM INC applied against its price change over selected period. The best fit line has a slop of 0.001147 % which means LIGAND PHARM INC will continue generating value for investors. It has 78 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted LIGAND PHARM price change compared to its average price change.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add LIGAND PHARM INC to your portfolio
|Risk Adjusted Performance||0.3733|
|Market Risk Adjusted Performance||(47.46)|
|Coefficient Of Variation||490.53|
|Total Risk Alpha||1.22|
|Value At Risk||(5.56)|