Snap On Inc Bond Technical Analysis
| 833034AL5 | 81.80 0.00 0.00% |
As of the 26th of November, 833034AL5 owns the Coefficient Of Variation of (57,707), variance of 6.0, and Risk Adjusted Performance of 0.0055. Concerning fundamental indicators, the technical analysis model gives you tools to check potential technical drivers of SNAP ON INC, as well as the relationship between them.
833034AL5 Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 833034AL5, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 833034AL5833034AL5 |
833034AL5 technical bond 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, bond market cycles, or different charting patterns.
SNAP ON INC Trend Analysis
Use this graph to draw trend lines for SNAP ON INC. You can use it to identify possible trend reversals for 833034AL5 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 833034AL5 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.833034AL5 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SNAP ON INC applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that SNAP ON INC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 52.91, which is the sum of squared deviations for the predicted 833034AL5 price change compared to its average price change.About 833034AL5 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 SNAP ON INC 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 SNAP ON INC based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on SNAP ON INC price pattern first instead of the macroeconomic environment surrounding SNAP ON INC. By analyzing 833034AL5'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 833034AL5'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 833034AL5 specific price patterns or momentum indicators. Please read more on our technical analysis page.
833034AL5 November 26, 2024 Technical Indicators
Most technical analysis of 833034AL5 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 833034AL5 from various momentum indicators to cycle indicators. When you analyze 833034AL5 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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| Volume Indicators |
| Risk Adjusted Performance | 0.0055 | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 1.26 | |||
| Coefficient Of Variation | (57,707) | |||
| Standard Deviation | 2.45 | |||
| Variance | 6.0 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 18.22 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 2.06 | |||
| Skewness | (2.04) | |||
| Kurtosis | 20.16 |
Other Information on Investing in 833034AL5 Bond
833034AL5 financial ratios help investors to determine whether 833034AL5 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 833034AL5 with respect to the benefits of owning 833034AL5 security.