Tanaka Growth Fund Technical Analysis
| TGFRX Fund | USD 42.34 0.67 1.56% |
As of the 16th of April 2024, Tanaka Growth has the Risk Adjusted Performance of 0.0559, coefficient of variation of 1235.33, and Semi Deviation of 1.2. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tanaka Growth, as well as the relationship between them. In other words, you can use this information to find out if the fund will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Tanaka Growth Fund, which can be compared to its competition. Please validate Tanaka Growth variance and potential upside to decide if Tanaka Growth is priced more or less accurately, providing market reflects its prevalent price of 42.34 per share.
Tanaka Growth Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tanaka, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TanakaTanaka |
Tanaka Growth 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.
Tanaka Growth Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Tanaka Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tanaka Growth Trend Analysis
Use this graph to draw trend lines for Tanaka Growth Fund. You can use it to identify possible trend reversals for Tanaka Growth 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 Tanaka Growth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tanaka Growth Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tanaka Growth Fund applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Tanaka Growth Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 103.01, which is the sum of squared deviations for the predicted Tanaka Growth price change compared to its average price change.About Tanaka Growth 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 Tanaka Growth Fund 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 Tanaka Growth Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Tanaka Growth price pattern first instead of the macroeconomic environment surrounding Tanaka Growth. By analyzing Tanaka Growth'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 Tanaka Growth'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 Tanaka Growth specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tanaka Growth April 16, 2024 Technical Indicators
Most technical analysis of Tanaka 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 Tanaka from various momentum indicators to cycle indicators. When you analyze Tanaka 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 | 0.0559 | |||
| Market Risk Adjusted Performance | 0.083 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.2 | |||
| Downside Deviation | 1.29 | |||
| Coefficient Of Variation | 1235.33 | |||
| Standard Deviation | 1.29 | |||
| Variance | 1.66 | |||
| Information Ratio | 0.0323 | |||
| Jensen Alpha | 0.0262 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0322 | |||
| Treynor Ratio | 0.073 | |||
| Maximum Drawdown | 5.11 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 2.2 | |||
| Downside Variance | 1.66 | |||
| Semi Variance | 1.45 | |||
| Expected Short fall | (1.12) | |||
| Skewness | (0.19) | |||
| Kurtosis | (0.42) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanaka Growth Fund. 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 metropolitan statistical area. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.