Sp 500 Equal Fund Technical Analysis
| INDEX Fund | USD 47.15 0.41 0.86% |
As of the 23rd of April, Sp 500 owns the Mean Deviation of 0.5747, downside deviation of 0.7096, and Risk Adjusted Performance of 0.0668. Sp 500 Equal technical analysis provides you with a way to harness past data patterns to determine a pattern that measures 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 historical prices and volume patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Sp 500, which can be compared to its peers in the sector. Please validate Sp 500 Equal standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Sp 500 Equal is priced more or less accurately, providing market reflects its prevailing price of 47.15 per share.
Sp 500 Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as INDEX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to INDEXINDEX |
Sp 500 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.
Sp 500 Equal 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 Sp 500 Equal volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sp 500 Equal Trend Analysis
Use this graph to draw trend lines for Sp 500 Equal. You can use it to identify possible trend reversals for Sp 500 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 Sp 500 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sp 500 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sp 500 Equal applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Sp 500 Equal will continue generating value for investors. It has 122 observation points and a regression sum of squares at 60.52, which is the sum of squared deviations for the predicted Sp 500 price change compared to its average price change.About Sp 500 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 Sp 500 Equal 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 Sp 500 Equal based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Sp 500 Equal price pattern first instead of the macroeconomic environment surrounding Sp 500 Equal. By analyzing Sp 500'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 Sp 500'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 Sp 500 specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sp 500 April 23, 2024 Technical Indicators
Most technical analysis of INDEX 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 INDEX from various momentum indicators to cycle indicators. When you analyze INDEX 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0668 | |||
| Market Risk Adjusted Performance | 0.0783 | |||
| Mean Deviation | 0.5747 | |||
| Semi Deviation | 0.6141 | |||
| Downside Deviation | 0.7096 | |||
| Coefficient Of Variation | 940.12 | |||
| Standard Deviation | 0.7378 | |||
| Variance | 0.5444 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0683 | |||
| Maximum Drawdown | 3.56 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.11 | |||
| Downside Variance | 0.5036 | |||
| Semi Variance | 0.3771 | |||
| Expected Short fall | (0.63) | |||
| Skewness | (0.04) | |||
| Kurtosis | 0.0759 |
Sp 500 Equal One Year Return
Based on the recorded statements, Sp 500 Equal has an One Year Return of 11.286%. This is 204.2% higher than that of the Fidelity Investments family and significantly higher than that of the Large Blend 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Sp 500 Equal. 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 income. Note that the Sp 500 Equal information on this page should be used as a complementary analysis to other Sp 500'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.