McDonalds Technical Analysis

McDonalds Corporation -- USA Stock  

USD 167.32  0.6  0.36%

McDonalds Corporation secures Mean Deviation of 0.6236 and Risk Adjusted Performance of 0.0096. Concerning Fundamental Indicators, Macroaxis technical analysis interface lets you check available technical drivers of McDonalds 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 McDonalds which can be compared to its peers in the industry. Please verify McDonalds Coefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to decide if McDonalds Corporation is priced favorably providing market reflects its recent price of 167.32 per share. Given that McDonalds has Jensen Alpha of 0.0285, we recommend you check McDonalds last-minute market performance to make sure the company can sustain itself next year.
Investment Horizon     30 Days    Login   to change

McDonalds Trend Analysis

Use this graph to draw trend lines for McDonalds Corporation. You can use it to identify possible trend reversals for McDonalds 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 McDonalds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

McDonalds Best Fit Change Line

The following chart estimates an ordinary least squares regression model for McDonalds Corporation applied against its price change over selected period. The best fit line has a slop of 0.11 % which may imply that McDonalds Corporation will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 10.52, which is the sum of squared deviations for the predicted McDonalds price change compared to its average price change.

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McDonalds Corporation is rated below average in mean deviation category among related companies. It is regarded fifth in standard deviation category among related companies creating about  1.28  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for McDonalds Corporation is roughly  1.28