Mercury General Stock Technical Analysis
| MCY Stock | USD 78.85 0.47 0.60% |
As of the 29th of November, Mercury General secures the Downside Deviation of 2.19, risk adjusted performance of 0.1156, and Mean Deviation of 1.49. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mercury General, as well as the relationship between them.
Mercury General Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mercury, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MercuryMercury |
Mercury General technical 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, stock market cycles, or different charting patterns.
Mercury General Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Mercury General volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mercury General Trend Analysis
Use this graph to draw trend lines for Mercury General. You can use it to identify possible trend reversals for Mercury General 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 Mercury General price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mercury General Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mercury General applied against its price change over selected period. The best fit line has a slop of 0.32 , which may imply that Mercury General will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3759.03, which is the sum of squared deviations for the predicted Mercury General price change compared to its average price change.About Mercury General 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 Mercury General 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 Mercury General based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mercury General price pattern first instead of the macroeconomic environment surrounding Mercury General. By analyzing Mercury General'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 Mercury General'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 Mercury General specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mercury General November 29, 2024 Technical Indicators
Most technical analysis of Mercury 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 Mercury from various momentum indicators to cycle indicators. When you analyze Mercury 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1156 | |||
| Market Risk Adjusted Performance | 2.18 | |||
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.98 | |||
| Downside Deviation | 2.19 | |||
| Coefficient Of Variation | 701.82 | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.54 | |||
| Information Ratio | 0.0836 | |||
| Jensen Alpha | 0.2779 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0813 | |||
| Treynor Ratio | 2.17 | |||
| Maximum Drawdown | 10.93 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.7 | |||
| Downside Variance | 4.81 | |||
| Semi Variance | 3.91 | |||
| Expected Short fall | (1.56) | |||
| Skewness | 0.4289 | |||
| Kurtosis | 2.46 |
Additional Tools for Mercury Stock Analysis
When running Mercury General's price analysis, check to measure Mercury General'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 Mercury General is operating at the current time. Most of Mercury General's value examination focuses on studying past and present price action to predict the probability of Mercury General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury General's price. Additionally, you may evaluate how the addition of Mercury General to your portfolios can decrease your overall portfolio volatility.