Millerhoward High Income Fund Technical Analysis
| HIE Fund | USD 10.94 0.01 0.09% |
As of the 25th of April, Millerhoward High secures the Downside Deviation of 0.6946, mean deviation of 0.4349, and Risk Adjusted Performance of 0.0874. Millerhoward High Income 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 collect and analyze data for nineteen technical drivers for Millerhoward High, which can be compared to its peers in the industry. Please verify Millerhoward High information ratio and the relationship between the maximum drawdown and downside variance to decide if Millerhoward High Income is priced some-what accurately, providing market reflects its recent price of 10.94 per share.
Millerhoward High Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Millerhoward, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MillerhowardMillerhoward |
Millerhoward High technical 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.
Millerhoward High Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Millerhoward High volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Millerhoward High Trend Analysis
Use this graph to draw trend lines for Millerhoward High Income. You can use it to identify possible trend reversals for Millerhoward High 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 Millerhoward High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Millerhoward High Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Millerhoward High Income applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that Millerhoward High Income will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 4.45, which is the sum of squared deviations for the predicted Millerhoward High price change compared to its average price change.About Millerhoward High 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 Millerhoward High Income 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 Millerhoward High Income based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Millerhoward High price pattern first instead of the macroeconomic environment surrounding Millerhoward High. By analyzing Millerhoward High'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 Millerhoward High'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 Millerhoward High specific price patterns or momentum indicators. Please read more on our technical analysis page.
Millerhoward High April 25, 2024 Technical Indicators
Most technical analysis of Millerhoward 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 Millerhoward from various momentum indicators to cycle indicators. When you analyze Millerhoward 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 | 0.0874 | |||
| Market Risk Adjusted Performance | 0.1267 | |||
| Mean Deviation | 0.4349 | |||
| Semi Deviation | 0.4863 | |||
| Downside Deviation | 0.6946 | |||
| Coefficient Of Variation | 713.65 | |||
| Standard Deviation | 0.6244 | |||
| Variance | 0.3899 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0208 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1167 | |||
| Maximum Drawdown | 3.33 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.14 | |||
| Downside Variance | 0.4825 | |||
| Semi Variance | 0.2365 | |||
| Expected Short fall | (0.51) | |||
| Skewness | 0.0448 | |||
| Kurtosis | 1.33 |
Millerhoward High April 25, 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 Millerhoward 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 | 124.29 | ||
| Daily Balance Of Power | 0.10 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 10.94 | ||
| Day Typical Price | 10.94 | ||
| Price Action Indicator | 0.00 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Millerhoward High Income. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the CEOs Directory module to screen CEOs from public companies around the world.