As of 24 of May Mylan N secures Risk Adjusted Performance of (0.13) and Mean Deviation of 2.05. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Mylan N V 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 Mylan N which can be compared to its peers in the industry. Please verify Mylan N VCoefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if Mylan N V is priced some-what accurately providing market reflects its recent price of 19.03 per share. Given that Mylan N V has Jensen Alpha of (0.81), we recommend you check Mylan N last-minute market performance to make sure the company can sustain itself at future point.
The output start index for this execution was fourteen with a total number of output elements of twenty-five. 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 Mylan N V 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.
Mylan N V Trend Analysis
Use this graph to draw trend lines for Mylan N V. You can use it to identify possible trend reversals for Mylan N 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 Mylan N price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Mylan N Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mylan N V applied against its price change over selected period. The best fit line has a slop of 0.26 % which may imply that the returns on investment in Mylan N V will continue to fail. It has 78 observation points and a regression sum of squares at 644.42, which is the sum of squared deviations for the predicted Mylan N price change compared to its average price change.