Multi Manager Directional Alternative Fund Technical Analysis

CDAZX Fund  USD 7.12  0.02  0.28%   
As of the 16th of April 2024, Multi-manager Directional secures the Risk Adjusted Performance of 0.1169, downside deviation of 0.4302, and Mean Deviation of 0.2731. Multi Manager Directional Alternative technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Multi-manager Directional, which can be compared to its peers in the industry. Please verify Multi-manager Directional downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Multi Manager Directional Alternative is priced some-what accurately, providing market reflects its recent price of 7.12 per share.

Multi-manager Directional Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Multi-manager, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Multi-manager
  
Multi-manager Directional's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Multi-manager Directional 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.
A focus of Multi-manager Directional technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Multi-manager Directional trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Multi-manager Directional Technical Analysis

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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 Multi-manager Directional volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Multi-manager Directional Trend Analysis

Use this graph to draw trend lines for Multi Manager Directional Alternative. You can use it to identify possible trend reversals for Multi-manager Directional 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 Multi-manager Directional price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Multi-manager Directional Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Multi Manager Directional Alternative applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Multi Manager Directional Alternative will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.11, which is the sum of squared deviations for the predicted Multi-manager Directional price change compared to its average price change.

About Multi-manager Directional 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 Multi Manager Directional Alternative 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 Multi Manager Directional Alternative based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Multi-manager Directional price pattern first instead of the macroeconomic environment surrounding Multi-manager Directional. By analyzing Multi-manager Directional'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 Multi-manager Directional'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 Multi-manager Directional specific price patterns or momentum indicators. Please read more on our technical analysis page.

Multi-manager Directional April 16, 2024 Technical Indicators

Most technical analysis of Multi-manager 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 Multi-manager from various momentum indicators to cycle indicators. When you analyze Multi-manager 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.

Multi-manager Directional One Year Return

Based on the recorded statements, Multi Manager Directional Alternative has an One Year Return of 12.1046%. This is 50.0% higher than that of the Columbia family and significantly higher than that of the Long-Short Equity 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.

Multi-manager Directional 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 Multi-manager 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Multi Manager Directional Alternative. 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 nation.
Note that the Multi-manager Directional information on this page should be used as a complementary analysis to other Multi-manager Directional'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between Multi-manager Directional's value and its price as these two are different measures arrived at by different means. Investors typically determine if Multi-manager Directional is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Multi-manager Directional's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.