Newfound Risk Managed Fund Technical Analysis

NFDIXDelisted Fund  USD 10.21  0.00  0.00%   
As of the 25th of April, Newfound Risk secures the Mean Deviation of 0.4628, risk adjusted performance of 0.0823, and Downside Deviation of 0.6602. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newfound Risk Managed, 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 collect and analyze data for nineteen technical drivers for Newfound Risk, which can be compared to its peers in the industry. Please verify Newfound Risk Managed jensen alpha and semi variance to decide if Newfound Risk Managed is priced some-what accurately, providing market reflects its recent price of 10.21 per share.

Newfound Risk Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Newfound, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Newfound
  
Newfound Risk'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.
Newfound Risk 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 Newfound Risk technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Newfound Risk 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...

Newfound Risk Managed Technical Analysis

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Newfound Risk Managed Trend Analysis

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

Newfound Risk Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Newfound Risk Managed applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Newfound Risk Managed will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8.29, which is the sum of squared deviations for the predicted Newfound Risk price change compared to its average price change.

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

Newfound Risk April 25, 2024 Technical Indicators

Most technical analysis of Newfound 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 Newfound from various momentum indicators to cycle indicators. When you analyze Newfound 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.
Check out Correlation Analysis to better understand how to build diversified portfolios. 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 gross domestic product.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Consideration for investing in Newfound Mutual Fund

If you are still planning to invest in Newfound Risk Managed check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newfound Risk's history and understand the potential risks before investing.
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