WEX Inc maintains Market Risk Adjusted Performance of 0.6775 and Mean Deviation of 0.5569. In relation to Fundamental Indicators, Macroaxis technical analysis interface lets you check available technical drivers of WEX Inc as well as the relationship between them. Specifically you can use this information to find out if the organization will indeed mirror its model of past data patterns or the prices will eventually revert. We found nineteen technical drivers for WEX Inc which can be compared to its rivals. Please check out WEX Inc Market Risk Adjusted Performance, Variance as well as the relationship between Variance and Potential Upside to decide if WEX Inc is priced some-what accurately providing market reflects its latest price of 144.9 per share. Given that WEX Inc has Jensen Alpha of 0.2102, we strongly advise you confirm WEX Inc prevalent market performance to make sure the company can sustain itself next year.
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WEX Inc Technical Analysis
WEX Inc Trend AnalysisUse this graph to draw trend lines for WEX Inc. You can use it to identify possible trend reversals for WEX 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 WEX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
WEX Best Fit Change LineThe following chart estimates an ordinary least squares regression model for WEX Inc applied against its price change over selected period. The best fit line has a slop of 0.3 % which may imply that WEX Inc will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 74.21, which is the sum of squared deviations for the predicted WEX price change compared to its average price change.
WEX Inc is rated below average in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.35 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for WEX Inc is roughly 1.35