Free Market Equity Fund Technical Analysis
| FMUEX Fund | USD 22.14 0.15 0.67% |
As of the 19th of April, Free Market shows the Coefficient Of Variation of 5371.48, mean deviation of 0.6458, and Downside Deviation of 1.02. Free Market Equity 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 nineteen technical drivers for Free Market Equity, which can be compared to its peers. Please confirm Free Market Equity mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Free Market Equity is priced favorably, providing market reflects its regular price of 22.14 per share.
Free Market Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Free, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FreeFree |
Free Market 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.
Free Market Equity 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 Free Market Equity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Free Market Equity Trend Analysis
Use this graph to draw trend lines for Free Market Equity. You can use it to identify possible trend reversals for Free Market 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 Free Market price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Free Market Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Free Market Equity applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Free Market Equity will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.65, which is the sum of squared deviations for the predicted Free Market price change compared to its average price change.About Free Market 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 Free Market Equity 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 Free Market Equity based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Free Market Equity price pattern first instead of the macroeconomic environment surrounding Free Market Equity. By analyzing Free Market'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 Free Market'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 Free Market specific price patterns or momentum indicators. Please read more on our technical analysis page.
Free Market April 19, 2024 Technical Indicators
Most technical analysis of Free 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 Free from various momentum indicators to cycle indicators. When you analyze Free 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 | 0.0144 | |||
| Market Risk Adjusted Performance | 0.0152 | |||
| Mean Deviation | 0.6458 | |||
| Semi Deviation | 0.9571 | |||
| Downside Deviation | 1.02 | |||
| Coefficient Of Variation | 5371.48 | |||
| Standard Deviation | 0.8671 | |||
| Variance | 0.7518 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0052 | |||
| Maximum Drawdown | 3.8 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.46 | |||
| Downside Variance | 1.04 | |||
| Semi Variance | 0.916 | |||
| Expected Short fall | (0.62) | |||
| Skewness | (0.63) | |||
| Kurtosis | 1.0 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Free Market Equity. 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 Free Market Equity information on this page should be used as a complementary analysis to other Free Market'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.