Alleghany Corporation shows Downside Deviation of 2.46, Risk Adjusted Performance of 0.062 and Mean Deviation of 1.21. In respect to Fundamental Indicators, Macroaxis technical analysis interface gives you tools to check existing technical drivers of Alleghany as well as the relationship between them. 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 Alleghany Corporation which can be compared to its rivals. Please confirm AlleghanyTreynor Ratio as well as the relationship between Potential Upside and Expected Short fall to decide if Alleghany is priced correctly providing market reflects its regular price of 595.88 per share. Given that Alleghany has Jensen Alpha of 0.154, we suggest you validate Alleghany Corporation prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was six with a total number of output elements of eleven. 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 Alleghany volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Alleghany Trend Analysis
Use this graph to draw trend lines for Alleghany Corporation. You can use it to identify possible trend reversals for Alleghany 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 Alleghany price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Alleghany Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alleghany Corporation applied against its price change over selected period. The best fit line has a slop of 2.99 % which may imply that the price for Alleghany Corporation will drop even more. It has 34 observation points and a regression sum of squares at 7297.04, which is the sum of squared deviations for the predicted Alleghany price change compared to its average price change.
Did you try this?
Run Price Exposure Probability Now
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Alleghany Corporation is rated fifth in mean deviation category among related companies. It is rated fifth in standard deviation category among related companies creating about 1.37 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Alleghany Corporation is roughly 1.37