Balter Invenomic Fund Technical Analysis
| BIVSX Fund | USD 18.20 4.36 0.43% |
As of the 16th of April 2024, Balter Invenomic shows the Mean Deviation of 0.5918, standard deviation of 0.7674, and Risk Adjusted Performance of (0.03). Balter Invenomic 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 are able to interpolate and collect thirteen technical drivers for Balter Invenomic, which can be compared to its peers. Please confirm Balter Invenomic standard deviation and potential upside to decide if Balter Invenomic is priced correctly, providing market reflects its regular price of 18.96 per share.
Balter Invenomic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Balter, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BalterBalter |
Balter Invenomic 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.
Balter Invenomic 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 Balter Invenomic volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Balter Invenomic Trend Analysis
Use this graph to draw trend lines for Balter Invenomic. You can use it to identify possible trend reversals for Balter Invenomic 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 Balter Invenomic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Balter Invenomic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Balter Invenomic applied against its price change over selected period. The best fit line has a slop of 0.0081 , which may suggest that Balter Invenomic market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.47, which is the sum of squared deviations for the predicted Balter Invenomic price change compared to its average price change.About Balter Invenomic 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 Balter Invenomic 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 Balter Invenomic based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Balter Invenomic price pattern first instead of the macroeconomic environment surrounding Balter Invenomic. By analyzing Balter Invenomic'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 Balter Invenomic'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 Balter Invenomic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Balter Invenomic April 16, 2024 Technical Indicators
Most technical analysis of Balter 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 Balter from various momentum indicators to cycle indicators. When you analyze Balter 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 | (0.03) | |||
| Market Risk Adjusted Performance | 0.6656 | |||
| Mean Deviation | 0.5918 | |||
| Coefficient Of Variation | (1,811) | |||
| Standard Deviation | 0.7674 | |||
| Variance | 0.5889 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.6556 | |||
| Maximum Drawdown | 3.46 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.03 | |||
| Skewness | (0.40) | |||
| Kurtosis | 0.5441 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Balter Invenomic. 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 state. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.