Third Avenue Value Fund Technical Analysis
| TVFVX Fund | USD 69.51 0.40 0.58% |
As of the 19th of April, Third Avenue has the Semi Deviation of 0.636, coefficient of variation of 532.24, and Risk Adjusted Performance of 0.1177. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Third Avenue Value, 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 and analyze data for nineteen technical drivers for Third Avenue Value, which can be compared to its competition. Please validate Third Avenue Value coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Third Avenue is priced more or less accurately, providing market reflects its prevalent price of 69.51 per share.
Third Avenue Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Third, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThirdThird |
Third Avenue 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.
Third Avenue Value Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Third Avenue Value volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Third Avenue Value Trend Analysis
Use this graph to draw trend lines for Third Avenue Value. You can use it to identify possible trend reversals for Third Avenue 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 Third Avenue price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Third Avenue Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Third Avenue Value applied against its price change over selected period. The best fit line has a slop of 0.13 , which means Third Avenue Value will continue generating value for investors. It has 122 observation points and a regression sum of squares at 643.66, which is the sum of squared deviations for the predicted Third Avenue price change compared to its average price change.About Third Avenue 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 Third Avenue Value 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 Third Avenue Value based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Third Avenue Value price pattern first instead of the macroeconomic environment surrounding Third Avenue Value. By analyzing Third Avenue'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 Third Avenue'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 Third Avenue specific price patterns or momentum indicators. Please read more on our technical analysis page.
Third Avenue April 19, 2024 Technical Indicators
Most technical analysis of Third 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 Third from various momentum indicators to cycle indicators. When you analyze Third 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1177 | |||
| Market Risk Adjusted Performance | 0.1621 | |||
| Mean Deviation | 0.5844 | |||
| Semi Deviation | 0.636 | |||
| Downside Deviation | 0.7944 | |||
| Coefficient Of Variation | 532.24 | |||
| Standard Deviation | 0.7351 | |||
| Variance | 0.5403 | |||
| Information Ratio | 0.0946 | |||
| Jensen Alpha | 0.0788 | |||
| Total Risk Alpha | 0.0584 | |||
| Sortino Ratio | 0.0875 | |||
| Treynor Ratio | 0.1521 | |||
| Maximum Drawdown | 3.9 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.13 | |||
| Downside Variance | 0.6311 | |||
| Semi Variance | 0.4045 | |||
| Expected Short fall | (0.65) | |||
| Skewness | (0.90) | |||
| Kurtosis | 1.5 |
Third Avenue Value One Year Return
Based on the recorded statements, Third Avenue Value has an One Year Return of 15.2216%. This is 116.83% higher than that of the Third Avenue family and significantly higher than that of the World Small/Mid Stock 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Third Avenue Value. 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 real. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.