Eversource Energy 425 Bond Technical Analysis
| 30040WAF5 | 95.96 1.65 1.75% |
As of the 16th of April 2024, EVERSOURCE shows the mean deviation of 0.4201, and Standard Deviation of 0.7275. In relation to fundamental indicators, the technical analysis model provides you with a way to check helpful technical drivers of EVERSOURCE, as well as the relationship between them. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for EVERSOURCE ENERGY 425, which can be compared to its peers. Please confirm EVERSOURCE ENERGY 425 treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if EVERSOURCE ENERGY 425 is priced adequately, providing market reflects its regular price of 95.96 per share.
EVERSOURCE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EVERSOURCE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EVERSOURCEEVERSOURCE |
EVERSOURCE technical bond analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, bond market cycles, or different charting patterns.
EVERSOURCE ENERGY 425 Trend Analysis
Use this graph to draw trend lines for EVERSOURCE ENERGY 425. You can use it to identify possible trend reversals for EVERSOURCE 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 EVERSOURCE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.EVERSOURCE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for EVERSOURCE ENERGY 425 applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that EVERSOURCE ENERGY 425 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.95, which is the sum of squared deviations for the predicted EVERSOURCE price change compared to its average price change.About EVERSOURCE Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of EVERSOURCE ENERGY 425 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of EVERSOURCE ENERGY 425 based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on EVERSOURCE ENERGY 425 price pattern first instead of the macroeconomic environment surrounding EVERSOURCE ENERGY 425. By analyzing EVERSOURCE's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of EVERSOURCE's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to EVERSOURCE specific price patterns or momentum indicators. Please read more on our technical analysis page.
EVERSOURCE April 16, 2024 Technical Indicators
Most technical analysis of EVERSOURCE help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for EVERSOURCE from various momentum indicators to cycle indicators. When you analyze EVERSOURCE charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 0.1923 | |||
| Mean Deviation | 0.4201 | |||
| Coefficient Of Variation | (4,394) | |||
| Standard Deviation | 0.7275 | |||
| Variance | 0.5293 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.1823 | |||
| Maximum Drawdown | 2.92 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.34 | |||
| Skewness | 2.01 | |||
| Kurtosis | 11.7 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in EVERSOURCE ENERGY 425. Also, note that the market value of any corporate bond could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.