As of 21 of October Shawcor Ltd has Risk Adjusted Performance of (0.09) and Coefficient Of Variation of (970.81). In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Shawcor Ltd 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 prices and volume data or the prices will eventually revert. We found nineteen technical drivers for Shawcor Ltd which can be compared to its competition. Please validate Shawcor LtdTreynor Ratio, and the relationship between Standard Deviation and Downside Variance to decide if Shawcor Ltd is priced more or less accurately providing market reflects its prevalent price of 10.0 per share. Given that Shawcor Ltd has Jensen Alpha of (0.38), we advise you double-check Shawcor Ltd current market performance to make sure the company can sustain itself at future point.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Normalized Average True Range is used to analyze tradable apportunities for Shawcor Ltd across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.
Shawcor Ltd Trend Analysis
Use this graph to draw trend lines for Shawcor Ltd. You can use it to identify possible trend reversals for Shawcor Ltd 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 Shawcor Ltd price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Shawcor Ltd Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shawcor Ltd applied against its price change over selected period. The best fit line has a slop of 0.05 which may suggest that Shawcor Ltd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 107.52, which is the sum of squared deviations for the predicted Shawcor Ltd price change compared to its average price change.