Plains All American Bond Technical Analysis
726503AE5 | 89.86 9.69 9.73% |
As of the 24th of April, Plains holds the Coefficient Of Variation of (1,029), risk adjusted performance of (0.06), and Variance of 1.99. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Plains, as well as the relationship between them. Put it differently, you can use this information to find out if the bond will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Plains All American, which can be compared to its competitors. Please check Plains All American variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Plains All American is priced some-what accurately, providing market reflects its current price of 89.86 per share.
Plains Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Plains, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PlainsPlains |
Plains 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.
Plains All American Trend Analysis
Use this graph to draw trend lines for Plains All American. You can use it to identify possible trend reversals for Plains 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 Plains price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Plains Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Plains All American applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Plains All American market price will keep on failing further. It has 122 observation points and a regression sum of squares at 32.91, which is the sum of squared deviations for the predicted Plains price change compared to its average price change.About Plains 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 Plains All American 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 Plains All American based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on Plains All American price pattern first instead of the macroeconomic environment surrounding Plains All American. By analyzing Plains'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 Plains'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 Plains specific price patterns or momentum indicators. Please read more on our technical analysis page.
Plains April 24, 2024 Technical Indicators
Most technical analysis of Plains 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 Plains from various momentum indicators to cycle indicators. When you analyze Plains 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.06) | |||
Market Risk Adjusted Performance | 0.3526 | |||
Mean Deviation | 0.6859 | |||
Coefficient Of Variation | (1,029) | |||
Standard Deviation | 1.41 | |||
Variance | 1.99 | |||
Information Ratio | (0.16) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | 0.3426 | |||
Maximum Drawdown | 3.82 | |||
Value At Risk | (1.57) | |||
Potential Upside | 1.15 | |||
Skewness | (4.96) | |||
Kurtosis | 33.32 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Plains All American. 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 nation. Note that the Plains All American information on this page should be used as a complementary analysis to other Plains' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.