Slm Corp Pb Preferred Stock Technical Analysis

SLMBP Preferred Stock  USD 75.11  0.04  0.05%   
As of the 18th of April 2024, SLM Corp has the coefficient of variation of 438.49, and Risk Adjusted Performance of 0.1457. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SLM Corp Pb, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed nineteen technical drivers for SLM Corp Pb, which can be compared to its competition. Please validate SLM Corp Pb standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if SLM Corp is priced adequately, providing market reflects its prevalent price of 75.11 per share. Given that SLM Corp Pb has jensen alpha of 0.1502, we advise you to double-check SLM Corp Pb's current market performance to make sure the company can sustain itself at some point in the future.

SLM Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SLM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SLM
  
SLM Corp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
SLM Corp technical preferred stock 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, preferred stock market cycles, or different charting patterns.
A focus of SLM Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SLM Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

SLM Corp Pb Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SLM Corp Pb volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SLM Corp Pb Trend Analysis

Use this graph to draw trend lines for SLM Corp Pb. You can use it to identify possible trend reversals for SLM Corp 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 SLM Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SLM Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SLM Corp Pb applied against its price change over selected period. The best fit line has a slop of   0.13  , which means SLM Corp Pb will continue generating value for investors. It has 122 observation points and a regression sum of squares at 673.8, which is the sum of squared deviations for the predicted SLM Corp price change compared to its average price change.

About SLM Corp 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 SLM Corp Pb 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 SLM Corp Pb based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SLM Corp Pb price pattern first instead of the macroeconomic environment surrounding SLM Corp Pb. By analyzing SLM Corp'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 SLM Corp'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 SLM Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.

SLM Corp April 18, 2024 Technical Indicators

Most technical analysis of SLM 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 SLM from various momentum indicators to cycle indicators. When you analyze SLM 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SLM Corp Pb. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in SLM Preferred Stock, please use our How to Invest in SLM Corp guide.
Note that the SLM Corp Pb information on this page should be used as a complementary analysis to other SLM Corp's 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for SLM Preferred Stock analysis

When running SLM Corp's price analysis, check to measure SLM Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SLM Corp is operating at the current time. Most of SLM Corp's value examination focuses on studying past and present price action to predict the probability of SLM Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SLM Corp's price. Additionally, you may evaluate how the addition of SLM Corp to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between SLM Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SLM Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SLM Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.