Metropolitan West Strategic Fund Technical Analysis
| MWSTX Fund | USD 6.07 0.01 0.16% |
As of the 18th of April 2024, Metropolitan West secures the Risk Adjusted Performance of (0.03), standard deviation of 0.2783, and Mean Deviation of 0.1978. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Metropolitan West, as well as the relationship between them. 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 interpolate and analyze data for thirteen technical drivers for Metropolitan West, which can be compared to its peers in the industry. Please verify Metropolitan West coefficient of variation and the relationship between the information ratio and value at risk to decide if Metropolitan West Strategic is priced some-what accurately, providing market reflects its recent price of 6.07 per share.
Metropolitan West Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Metropolitan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MetropolitanMetropolitan |
Metropolitan West 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.
Metropolitan West 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 Metropolitan West volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Metropolitan West Trend Analysis
Use this graph to draw trend lines for Metropolitan West Strategic. You can use it to identify possible trend reversals for Metropolitan West 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 Metropolitan West price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Metropolitan West Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Metropolitan West Strategic applied against its price change over selected period. The best fit line has a slop of 0.0005 , which means Metropolitan West Strategic will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Metropolitan West price change compared to its average price change.About Metropolitan West 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 Metropolitan West Strategic 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 Metropolitan West Strategic based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Metropolitan West price pattern first instead of the macroeconomic environment surrounding Metropolitan West. By analyzing Metropolitan West'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 Metropolitan West'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 Metropolitan West specific price patterns or momentum indicators. Please read more on our technical analysis page.
Metropolitan West April 18, 2024 Technical Indicators
Most technical analysis of Metropolitan 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 Metropolitan from various momentum indicators to cycle indicators. When you analyze Metropolitan 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 | (0.33) | |||
| Mean Deviation | 0.1978 | |||
| Coefficient Of Variation | (3,927) | |||
| Standard Deviation | 0.2783 | |||
| Variance | 0.0775 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.34) | |||
| Maximum Drawdown | 1.63 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.3295 | |||
| Skewness | (0.09) | |||
| Kurtosis | 1.42 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metropolitan West Strategic. 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 estimate. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.