Alianza Trust (Brazil) Technical Analysis
| ALZR11 Fund | BRL 117.44 0.29 0.25% |
As of the 16th of April 2024, Alianza Trust shows the Mean Deviation of 0.3564, risk adjusted performance of (0.04), and Standard Deviation of 0.502. Alianza Trust Renda technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Alianza Trust Renda, which can be compared to its peers. Please confirm Alianza Trust Renda variance and the relationship between the treynor ratio and value at risk to decide if Alianza Trust Renda is priced correctly, providing market reflects its regular price of 117.44 per share.
Alianza Trust Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alianza, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlianzaAlianza |
Alianza Trust technical 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.
Alianza Trust Renda 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 Alianza Trust Renda volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alianza Trust Renda Trend Analysis
Use this graph to draw trend lines for Alianza Trust Renda. You can use it to identify possible trend reversals for Alianza Trust 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 Alianza Trust price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alianza Trust Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alianza Trust Renda applied against its price change over selected period. The best fit line has a slop of 0 , which means Alianza Trust Renda will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.18, which is the sum of squared deviations for the predicted Alianza Trust price change compared to its average price change.About Alianza Trust 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 Alianza Trust Renda 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 Alianza Trust Renda based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Alianza Trust Renda price pattern first instead of the macroeconomic environment surrounding Alianza Trust Renda. By analyzing Alianza Trust'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 Alianza Trust'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 Alianza Trust specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alianza Trust April 16, 2024 Technical Indicators
Most technical analysis of Alianza 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 Alianza from various momentum indicators to cycle indicators. When you analyze Alianza 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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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.41) | |||
| Mean Deviation | 0.3564 | |||
| Coefficient Of Variation | (1,737) | |||
| Standard Deviation | 0.502 | |||
| Variance | 0.252 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.42) | |||
| Maximum Drawdown | 2.4 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 0.6314 | |||
| Skewness | (1.05) | |||
| Kurtosis | 2.58 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alianza Trust Renda. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.