Alleghany Technical Analysis

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Y -- USA Stock  

Fiscal Quarter End: 30th of June 2020  

As of the 27th of May Alleghany shows Mean Deviation of 4.18 and Risk Adjusted Performance of (0.36). 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. Put another way, 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, which can be compared to its rivals. Please confirm Alleghany Treynor 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 529.54 per share. Given that Alleghany has Jensen Alpha of (0.31), we suggest you validate Alleghany prevailing market performance to make sure the company can sustain itself at future point.

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Target PriceAdvice# of Analysts
750.0Buy3Odds
Alleghany current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Alleghany Analyst Advice  

Alleghany Technical Analysis

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The output start index for this execution was twenty-one with a total number of output elements of fourty. 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. 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 applied against its price change over selected period. The best fit line has a slop of   -2.14  which may imply that the price for Alleghany will drop even more. It has 122 observation points and a regression sum of squares at 173884.75, which is the sum of squared deviations for the predicted Alleghany price change compared to its average price change.

About Alleghany Technical Analysis

The Macroaxis 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 Alleghany 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 Alleghany based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alleghany stock first instead of the macroeconomic environment surrounding Alleghany. By analyzing Alleghany's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alleghany'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 Alleghany specific price patterns or momentum indicators. Please read more on our technical analysis page.

Alleghany May 27, 2020 Technical Indicators

Alleghany May 27, 2020 Daily Price Condition

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