Checking up on some historical performance on shares of Anadarko Petroleum Corporation (NYSE:APC), we can see that the stock price performance for the last week is 0.77%. If we scroll back to the full year reading, shares have performed 3.76%. Investors may be trying to figure out if it is a good time to get into a certain stock, or whether to exit a position that has been a loser. Whatever the case, outperforming the market is on the minds of many dedicated equity investors. Heading back further over the previous month, the stock has performed 4.71%. For the last quarter, shares have performed 15.05%. Going back to the beginning of the calendar year, company shares are 67.93%.
Technical investors generally rely heavily on price charts to help spot potential trades. Chartists will often try to interpret past movements with the goal of trying to gauge the future share price movements. Some charts can be extremely complex while others may be quite simple. Many traders will spend countless hours studying the signals to try to spot optimal entry and exit points. There are many different indicators that technical analysts can follow. Some traders will use standalone signals, and others will use a robust combination. Getting into the nitty-gritty of charting can be overwhelming for the beginner. Taking the time to completely understand what the charts are saying can be the difference between a big win and a major loss.
Focusing on some other company information, we can see that Anadarko Petroleum Corporation (NYSE:APC) has a beta of 1.66. Beta indicates the tendency of a stock’s returns to respond to market swings. A beta of 1 indicates that the stock price moves with the market. A beta under 1 indicates that the stock is less volatile than the market in theory. A