Multi Manager Directional Alternative Fund Technical Analysis
CDAZX Fund | USD 7.16 0.04 0.56% |
As of the 24th of April, Multi Manager secures the Risk Adjusted Performance of 0.1043, mean deviation of 0.2789, and Downside Deviation of 0.4268. Multi Manager Directional Alternative technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Multi Manager, which can be compared to its peers in the industry. Please verify Multi Manager Direct downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Multi Manager Directional Alternative is priced some-what accurately, providing market reflects its recent price of 7.16 per share.
Multi Manager Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Multi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MultiMulti |
Multi Manager 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.
Multi Manager Direct Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Multi Manager Direct volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Multi Manager Direct Trend Analysis
Use this graph to draw trend lines for Multi Manager Directional Alternative. You can use it to identify possible trend reversals for Multi Manager 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 Multi Manager price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Multi Manager Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Multi Manager Directional Alternative applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Multi Manager Directional Alternative will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.2, which is the sum of squared deviations for the predicted Multi Manager price change compared to its average price change.About Multi Manager 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 Multi Manager Directional Alternative 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 Multi Manager Directional Alternative based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Multi Manager Direct price pattern first instead of the macroeconomic environment surrounding Multi Manager Direct. By analyzing Multi Manager'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 Multi Manager'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 Multi Manager specific price patterns or momentum indicators. Please read more on our technical analysis page.
Multi Manager April 24, 2024 Technical Indicators
Most technical analysis of Multi 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 Multi from various momentum indicators to cycle indicators. When you analyze Multi 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 | 0.1043 | |||
Market Risk Adjusted Performance | 0.1239 | |||
Mean Deviation | 0.2789 | |||
Semi Deviation | 0.2005 | |||
Downside Deviation | 0.4268 | |||
Coefficient Of Variation | 553.9 | |||
Standard Deviation | 0.365 | |||
Variance | 0.1332 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | 0.017 | |||
Total Risk Alpha | 0.0089 | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.1139 | |||
Maximum Drawdown | 1.84 | |||
Value At Risk | (0.58) | |||
Potential Upside | 0.7102 | |||
Downside Variance | 0.1821 | |||
Semi Variance | 0.0402 | |||
Expected Short fall | (0.34) | |||
Skewness | (0.15) | |||
Kurtosis | 0.5304 |
Multi Manager Direct One Year Return
Based on the recorded statements, Multi Manager Directional Alternative has an One Year Return of 11.1478%. This is 38.14% higher than that of the Columbia family and significantly higher than that of the Long-Short Equity 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.Multi Manager April 24, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Multi stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 7.16 | ||
Day Typical Price | 7.16 | ||
Price Action Indicator | 0.02 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Multi Manager Directional Alternative. 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 nation. Note that the Multi Manager Direct information on this page should be used as a complementary analysis to other Multi Manager's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.