Dtf Tax Free Stock Technical Analysis
DTF Stock | USD 10.74 0.10 0.94% |
As of the 25th of April, DTF Tax shows the downside deviation of 0.4214, and Mean Deviation of 0.3383. DTF Tax Free technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for DTF Tax Free, which can be compared to its peers. Please confirm DTF Tax Free treynor ratio, and the relationship between the standard deviation and downside variance to decide if DTF Tax Free is priced adequately, providing market reflects its regular price of 10.74 per share. Given that DTF Tax has jensen alpha of (0.01), we urge you to verify DTF Tax Free's prevailing market performance to make sure the company can sustain itself in the future.
DTF Tax Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DTF, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DTFDTF |
DTF Tax technical stock 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, stock market cycles, or different charting patterns.
DTF Tax Free Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 DTF Tax Free volatility. High ATR values indicate high volatility, and low values indicate low volatility.
DTF Tax Free Trend Analysis
Use this graph to draw trend lines for DTF Tax Free. You can use it to identify possible trend reversals for DTF Tax 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 DTF Tax price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DTF Tax Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DTF Tax Free applied against its price change over selected period. The best fit line has a slop of 0.0023 , which may imply that the returns on investment in DTF Tax Free will continue to fail. It has 122 observation points and a regression sum of squares at 0.21, which is the sum of squared deviations for the predicted DTF Tax price change compared to its average price change.About DTF Tax 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 DTF Tax Free 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 DTF Tax Free based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DTF Tax Free price pattern first instead of the macroeconomic environment surrounding DTF Tax Free. By analyzing DTF Tax'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 DTF Tax'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 DTF Tax specific price patterns or momentum indicators. Please read more on our technical analysis page.
2022 | 2023 | 2024 (projected) | PTB Ratio | 0.88 | 0.79 | 0.71 | Dividend Yield | 0.0371 | 0.0427 | 0.0471 |
DTF Tax April 25, 2024 Technical Indicators
Most technical analysis of DTF 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 DTF from various momentum indicators to cycle indicators. When you analyze DTF 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 | 0.0291 | |||
Market Risk Adjusted Performance | 0.0714 | |||
Mean Deviation | 0.3383 | |||
Semi Deviation | 0.3503 | |||
Downside Deviation | 0.4214 | |||
Coefficient Of Variation | 1886.79 | |||
Standard Deviation | 0.4477 | |||
Variance | 0.2005 | |||
Information Ratio | (0.16) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.17) | |||
Treynor Ratio | 0.0614 | |||
Maximum Drawdown | 2.33 | |||
Value At Risk | (0.66) | |||
Potential Upside | 0.92 | |||
Downside Variance | 0.1776 | |||
Semi Variance | 0.1227 | |||
Expected Short fall | (0.40) | |||
Skewness | 0.4624 | |||
Kurtosis | 0.5651 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTF Tax Free. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for DTF Stock analysis
When running DTF Tax's price analysis, check to measure DTF Tax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DTF Tax is operating at the current time. Most of DTF Tax's value examination focuses on studying past and present price action to predict the probability of DTF Tax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTF Tax's price. Additionally, you may evaluate how the addition of DTF Tax to your portfolios can decrease your overall portfolio volatility.
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Is DTF Tax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DTF Tax. If investors know DTF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DTF Tax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.536 | Dividend Share 0.39 | Earnings Share 0.44 | Revenue Per Share 0.559 | Quarterly Revenue Growth (0.37) |
The market value of DTF Tax Free is measured differently than its book value, which is the value of DTF that is recorded on the company's balance sheet. Investors also form their own opinion of DTF Tax's value that differs from its market value or its book value, called intrinsic value, which is DTF Tax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DTF Tax's market value can be influenced by many factors that don't directly affect DTF Tax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DTF Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTF Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTF Tax'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.