Aama Income Fund Technical Analysis
| AMFIX Fund | USD 23.52 0.03 0.13% |
As of the 16th of April 2024, Aama Income shows the Risk Adjusted Performance of (0.03), downside deviation of 0.1492, and Mean Deviation of 0.0909. Aama Me Fund technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Aama Income Fund, which can be compared to its peers. Please confirm Aama Me Fund downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Aama Me Fund is priced correctly, providing market reflects its regular price of 23.52 per share.
Aama Income Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aama, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AamaAama |
Aama Income 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.
Aama Me Fund Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Aama Me Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Aama Me Fund Trend Analysis
Use this graph to draw trend lines for Aama Income Fund. You can use it to identify possible trend reversals for Aama Income 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 Aama Income price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Aama Income Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aama Income Fund applied against its price change over selected period. The best fit line has a slop of 0 , which means Aama Income Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Aama Income price change compared to its average price change.About Aama Income 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 Aama Income 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 Aama Income Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Aama Me Fund price pattern first instead of the macroeconomic environment surrounding Aama Me Fund. By analyzing Aama Income'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 Aama Income'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 Aama Income specific price patterns or momentum indicators. Please read more on our technical analysis page.
Aama Income April 16, 2024 Technical Indicators
Most technical analysis of Aama 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 Aama from various momentum indicators to cycle indicators. When you analyze Aama 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.54) | |||
| Mean Deviation | 0.0909 | |||
| Semi Deviation | 0.1131 | |||
| Downside Deviation | 0.1492 | |||
| Coefficient Of Variation | 5945.9 | |||
| Standard Deviation | 0.119 | |||
| Variance | 0.0142 | |||
| Information Ratio | (0.51) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.41) | |||
| Treynor Ratio | (0.55) | |||
| Maximum Drawdown | 0.5514 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.17 | |||
| Downside Variance | 0.0223 | |||
| Semi Variance | 0.0128 | |||
| Expected Short fall | (0.11) | |||
| Skewness | (0.73) | |||
| Kurtosis | 0.5395 |
Aama Income April 16, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Aama stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 23.52 | ||
| Day Typical Price | 23.52 | ||
| Price Action Indicator | (0.02) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aama Income 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 gross domestic product. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.