Wal Mart Stores Inc maintains Market Risk Adjusted Performance of
(0.22), Mean Deviation of 1.23 and Downside Deviation of 1.45. Relative to Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Wal Mart Stores 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 Wal Mart Stores which can be compared to its rivals. Please check out Wal Mart Stores Standard Deviation, Value At Risk as well as the relationship between Value At Risk and Kurtosis to decide if Wal Mart Stores is priced fairly providing market reflects its latest price of 97.48 per share. Given that Wal Mart Stores Inc has Jensen Alpha of 0.578, we strongly advise you confirm Wal Mart Stores prevalent market performance to make sure the company can sustain itself at future point.
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Wal Mart Stores Trend AnalysisUse this graph to draw trend lines for Wal Mart Stores Inc. You can use it to identify possible trend reversals for Wal Mart 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 Wal Mart price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Wal Mart Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Wal Mart Stores Inc applied against its price change over selected period. The best fit line has a slop of 0.68 % which may imply that Wal Mart Stores Inc will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 382.18, which is the sum of squared deviations for the predicted Wal Mart price change compared to its average price change.
Wal Mart Stores Inc is rated fourth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 2.03 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Wal Mart Stores Inc is roughly 2.03