Oracle Corporation holds Coefficient Of Variation of
3,080 and Risk Adjusted Performance of 0.056792. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Oracle as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Oracle which can be compared to its competitors. Please check Oracle Jensen Alpha, and the relationship between Coefficient Of Variation and Potential Upside to decide if Oracle is priced some-what accurately providing market reflects its current price of 50.5 per share. Given that Oracle has Jensen Alpha of 0.19, we recommend you check out Oracle recent market performance to make sure the company can sustain itself at future point.
|Time Horizon||30 Days Login to change|
Oracle Technical Analysis
Oracle Trend AnalysisUse this graph to draw trend lines for Oracle Corporation. You can use it to identify possible trend reversals for Oracle 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 Oracle price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Oracle Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Oracle Corporation applied against its price change over selected period. The best fit line has a slop of 0.062525 % which means Oracle Corporation will continue generating value for investors. It has 34 observation points and a regression sum of squares at 3.19, which is the sum of squared deviations for the predicted Oracle price change compared to its average price change.
Oracle Corporation is regarded second in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.25 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Oracle Corporation is roughly 1.25