|Netflix Inc -- USA Stock|| |
USD 195.54 3.94 1.98%
Netflix Inc secures Downside Deviation
of 2.01, Mean Deviation
of 1.51 and Risk Adjusted Performance
of 0.0372. In connection with Fundamental Indicators
, Macroaxis technical analysis interface lets you check existing technical drivers of Netflix 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 Netflix which can be compared to its peers in the industry. Please verify Netflix Inc Information Ratio
and Downside Variance
to decide if Netflix Inc is priced some-what accurately providing market reflects its recent price of 195.54 per share. Given that Netflix Inc has Jensen Alpha
of 0.0344, we recommend you check Netflix last-minute market performance to make sure the company can sustain itself at future point.
Netflix Inc Trend Analysis
Use this graph to draw trend lines for Netflix Inc. You can use it to identify possible trend reversals for Netflix 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 Netflix price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Netflix Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Netflix Inc applied against its price change over selected period. The best fit line has a slop of 1.52 %
which means Netflix Inc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 1889.48, which is the sum of squared deviations for the predicted Netflix price change compared to its average price change.