As of 15 of October Adams Resources shows Mean Deviation of 1.48 and Risk Adjusted Performance of
(0.029191). Adams Resources Energy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Adams Resources Energy which can be compared to its rivals. Please confirm Adams Resources Energy Mean Deviation, Standard Deviation, Treynor Ratio, as well as the relationship between Downside Deviation and Information Ratio to decide if Adams Resources Energy is priced correctly providing market reflects its regular price of 30.78 per share. Given that Adams Resources has Jensen Alpha of (0.06), we suggest you validate Adams Resources Energy prevailing market performance to make sure the company can sustain itself at future point.
|Horizon||30 Days Login to change|
Adams Resources Energy Technical Analysis
Adams Resources Energy Trend AnalysisUse this graph to draw trend lines for Adams Resources Energy. You can use it to identify possible trend reversals for Adams Resources 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 Adams Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Adams Resources Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Adams Resources Energy applied against its price change over selected period. The best fit line has a slop of 0.04 which may indicate that the price for Adams Resources Energy will continue to decline. It has 122 observation points and a regression sum of squares at 75.49, which is the sum of squared deviations for the predicted Adams Resources price change compared to its average price change.
Adams Resources October 15, 2019 Technical Indicators
|Risk Adjusted Performance||(0.029191)|
|Market Risk Adjusted Performance||(0.14)|
|Coefficient Of Variation||(2,820)|
|Total Risk Alpha||(0.006691)|
|Value At Risk||(3.12)|
Adams Resources October 15, 2019 Daily Price Condition
|Daily Balance Of Power||1.00|
|Rate Of Daily Change||1.01|
|Day Median Price||30.91|
|Day Typical Price||30.86|
|Price Action Indicator||0.00|
|Market Facilitation Index||0.25|