As of 19 of February Union Bank has Risk Adjusted Performance of 0.0176, Semi Deviation of 2.97 and Coefficient Of Variation of 12532.7. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Union Bank 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 Union Bank of India which can be compared to its competition. Please validate Union Bank Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if Union Bank is priced more or less accurately providing market reflects its prevalent price of 79.35 per share.
|Horizon||30 Days Login to change|
Union Bank Technical Analysis
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Union Bank Trend AnalysisUse this graph to draw trend lines for Union Bank of India. You can use it to identify possible trend reversals for Union Bank 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 Union Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Union Bank Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Union Bank of India applied against its price change over selected period. The best fit line has a slop of 0.19 % which means Union Bank of India will continue generating value for investors. It has 78 observation points and a regression sum of squares at 367.08, which is the sum of squared deviations for the predicted Union Bank price change compared to its average price change.
|Risk Adjusted Performance||0.0176|
|Market Risk Adjusted Performance||0.0806|
|Coefficient Of Variation||12532.7|
|Total Risk Alpha||(0.1)|
|Value At Risk||(3.69)|
|Expected Short fall||(1.97)|