Income Growth Fund Technical Analysis
| AMADX Fund | USD 34.33 0.23 0.67% |
As of the 16th of April 2024, Income Growth retains the Market Risk Adjusted Performance of 0.0835, risk adjusted performance of 0.0808, and Downside Deviation of 0.6829. Income Growth technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for Income Growth, which can be compared to its competitors. Please check out Income Growth coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Income Growth is priced fairly, providing market reflects its last-minute price of 34.33 per share.
Income Growth Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Income, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IncomeIncome |
Income Growth technical mutual fund 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, fund market cycles, or different charting patterns.
Income Growth Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Income Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Income Growth Trend Analysis
Use this graph to draw trend lines for Income Growth Fund. You can use it to identify possible trend reversals for Income Growth 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 Income Growth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Income Growth Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Income Growth Fund applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Income Growth Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 87.69, which is the sum of squared deviations for the predicted Income Growth price change compared to its average price change.About Income Growth 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 Income Growth Fund 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 Income Growth Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Income Growth price pattern first instead of the macroeconomic environment surrounding Income Growth. By analyzing Income Growth'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 Income Growth'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 Income Growth specific price patterns or momentum indicators. Please read more on our technical analysis page.
Income Growth April 16, 2024 Technical Indicators
Most technical analysis of Income 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 Income from various momentum indicators to cycle indicators. When you analyze Income 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0808 | |||
| Market Risk Adjusted Performance | 0.0835 | |||
| Mean Deviation | 0.4754 | |||
| Semi Deviation | 0.5527 | |||
| Downside Deviation | 0.6829 | |||
| Coefficient Of Variation | 775.7 | |||
| Standard Deviation | 0.6266 | |||
| Variance | 0.3926 | |||
| Information Ratio | 0.0288 | |||
| Jensen Alpha | 0.02 | |||
| Total Risk Alpha | 0.0181 | |||
| Sortino Ratio | 0.0265 | |||
| Treynor Ratio | 0.0735 | |||
| Maximum Drawdown | 2.9 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.13 | |||
| Downside Variance | 0.4664 | |||
| Semi Variance | 0.3054 | |||
| Expected Short fall | (0.49) | |||
| Skewness | (0.35) | |||
| Kurtosis | 0.1522 |
Income Growth One Year Return
Based on the recorded statements, Income Growth Fund has an One Year Return of 16.8092%. This is 4643.03% lower than that of the American Century Investments family and significantly higher than that of the Large Value category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Income Growth Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Income Growth information on this page should be used as a complementary analysis to other Income Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.