Majestic Wine Technical Analysis

MJWNF -- USA Stock  

USD 3.32  0.00  0.00%

As of 18 of November Majestic Wine secures Mean Deviation of 0.4368 and Risk Adjusted Performance of (0.07). In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Majestic Wine Plc 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 Majestic Wine which can be compared to its peers in the industry. Please verify Majestic Wine Plc Information Ratio as well as the relationship between Value At Risk and Expected Short fall to decide if Majestic Wine Plc is priced some-what accurately providing market reflects its recent price of 3.32 per share. Given that Majestic Wine Plc has Jensen Alpha of (0.19), we recommend you check Majestic Wine last-minute market performance to make sure the company can sustain itself at future point.
Horizon     30 Days    Login   to change

Majestic Wine Plc Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of eighteen. The Normalized Average True Range is used to analyze tradable apportunities for Majestic Wine Plc across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

Majestic Wine Plc Trend Analysis

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

Majestic Wine Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Majestic Wine Plc applied against its price change over selected period. The best fit line has a slop of   0.0063  which may suggest that Majestic Wine Plc market price will keep on failing further. It has 108 observation points and a regression sum of squares at 1.05, which is the sum of squared deviations for the predicted Majestic Wine price change compared to its average price change.

Majestic Wine November 18, 2019 Technical Indicators

Majestic Wine November 18, 2019 Daily Price Condition

Please see also Stocks Correlation. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.