Emerging Markets Growth Fund Technical Analysis
| EMGEX Fund | USD 6.36 0.02 0.31% |
As of the 18th of April 2024, Emerging Markets shows the Mean Deviation of 0.6144, variance of 0.7023, and Standard Deviation of 0.8381. Emerging Markets Growth technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 analyze and collect data for thirteen technical drivers for Emerging Markets Growth, which can be compared to its peers. Please confirm Emerging Markets Growth mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Emerging Markets Growth is priced favorably, providing market reflects its regular price of 6.36 per share.
Emerging Markets Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Emerging, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EmergingEmerging |
Emerging Markets 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.
Emerging Markets Growth 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 Emerging Markets Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Emerging Markets Growth Trend Analysis
Use this graph to draw trend lines for Emerging Markets Growth. You can use it to identify possible trend reversals for Emerging Markets 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 Emerging Markets price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Emerging Markets Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Emerging Markets Growth applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Emerging Markets Growth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.48, which is the sum of squared deviations for the predicted Emerging Markets price change compared to its average price change.About Emerging Markets 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 Emerging Markets Growth 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 Emerging Markets Growth based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Emerging Markets Growth price pattern first instead of the macroeconomic environment surrounding Emerging Markets Growth. By analyzing Emerging Markets'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 Emerging Markets'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 Emerging Markets specific price patterns or momentum indicators. Please read more on our technical analysis page.
Emerging Markets April 18, 2024 Technical Indicators
Most technical analysis of Emerging 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 Emerging from various momentum indicators to cycle indicators. When you analyze Emerging 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 0.6144 | |||
| Coefficient Of Variation | (6,388) | |||
| Standard Deviation | 0.8381 | |||
| Variance | 0.7023 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 4.62 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.19 | |||
| Skewness | (0.31) | |||
| Kurtosis | 0.8569 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerging Markets Growth. 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 income. Note that the Emerging Markets Growth information on this page should be used as a complementary analysis to other Emerging Markets' 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.