As of 24 of August State Auto has Risk Adjusted Performance of (0.08) and Coefficient Of Variation of (1,187). In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of State Auto Financial 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 State Auto Financial Corporatio which can be compared to its competition. Please validate State Auto FinancialCoefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to decide if State Auto is priced more or less accurately providing market reflects its prevalent price of 33.67 per share. Given that State Auto Financial has Jensen Alpha of (0.040632), we advise you double-check State Auto Financial Corporatio 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 twenty-seven. The Normalized Average True Range is used to analyze tradable apportunities for State Auto Financial across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.
State Auto Financial Trend Analysis
Use this graph to draw trend lines for State Auto Financial Corporatio. You can use it to identify possible trend reversals for State Auto 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 State Auto price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
State Auto Best Fit Change Line
The following chart estimates an ordinary least squares regression model for State Auto Financial Corporatio applied against its price change over selected period. The best fit line has a slop of 0.11 % which may suggest that State Auto Financial Corporatio market price will keep on failing further. It has 78 observation points and a regression sum of squares at 120.75, which is the sum of squared deviations for the predicted State Auto price change compared to its average price change.