As of 18 of October Live Nation secures Risk Adjusted Performance of (0.040766) and Mean Deviation of 1.2. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Live Nation Entertai 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 Live Nation which can be compared to its peers in the industry. Please verify Live Nation EntertaiJensen Alpha and Semi Variance to decide if Live Nation Entertainment is priced some-what accurately providing market reflects its recent price of 67.01 per share. Given that Live Nation Entertai has Jensen Alpha of (0.05), we recommend you check Live Nation last-minute market performance to make sure the company can sustain itself at future point.
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Live Nation Entertai 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.
Live Nation Entertai Trend Analysis
Use this graph to draw trend lines for Live Nation Entertainment. You can use it to identify possible trend reversals for Live Nation 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 Live Nation price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Live Nation Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Live Nation Entertainment applied against its price change over selected period. The best fit line has a slop of 0.08 which may imply that the returns on investment in Live Nation Entertainment will continue to fail. It has 122 observation points and a regression sum of squares at 245.35, which is the sum of squared deviations for the predicted Live Nation price change compared to its average price change.