Value Line Income Fund Technical Analysis
| VLIIX Fund | USD 11.03 0.07 0.64% |
As of the 18th of April 2024, Value Line has the Semi Deviation of 0.739, risk adjusted performance of 0.07, and Coefficient Of Variation of 931.21. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Value Line Me, 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 collect and analyze data for nineteen technical drivers for Value Line Income, which can be compared to its competition. Please validate Value Line Me standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Value Line is priced more or less accurately, providing market reflects its prevalent price of 11.03 per share.
Value Line Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Value, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ValueValue |
Value Line 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.
Value Line Me 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 Value Line Me volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Value Line Me Trend Analysis
Use this graph to draw trend lines for Value Line Income. You can use it to identify possible trend reversals for Value Line 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 Value Line price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Value Line Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Value Line Income applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Value Line Income will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.81, which is the sum of squared deviations for the predicted Value Line price change compared to its average price change.About Value Line 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 Value Line Income 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 Value Line Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Value Line Me price pattern first instead of the macroeconomic environment surrounding Value Line Me. By analyzing Value Line'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 Value Line'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 Value Line specific price patterns or momentum indicators. Please read more on our technical analysis page.
Value Line April 18, 2024 Technical Indicators
Most technical analysis of Value 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 Value from various momentum indicators to cycle indicators. When you analyze Value 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 | 0.07 | |||
| Market Risk Adjusted Performance | 1.86 | |||
| Mean Deviation | 0.6313 | |||
| Semi Deviation | 0.739 | |||
| Downside Deviation | 0.8924 | |||
| Coefficient Of Variation | 931.21 | |||
| Standard Deviation | 0.8203 | |||
| Variance | 0.673 | |||
| Information Ratio | 0.0398 | |||
| Jensen Alpha | 0.0762 | |||
| Total Risk Alpha | 0.0189 | |||
| Sortino Ratio | 0.0365 | |||
| Treynor Ratio | 1.85 | |||
| Maximum Drawdown | 4.21 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 1.23 | |||
| Downside Variance | 0.7964 | |||
| Semi Variance | 0.5461 | |||
| Expected Short fall | (0.68) | |||
| Skewness | (0.06) | |||
| Kurtosis | 0.3093 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Value Line Income. 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. For more information on how to buy Value Mutual Fund please use our How to Invest in Value Line guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.