Health Care Portfolio Fund Technical Analysis
| FSPHX Fund | USD 27.91 0.11 0.40% |
As of the 23rd of April, Health Care retains the market risk adjusted performance of 0.0147, and Risk Adjusted Performance of 0.0129. Health Care technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Health Care Portfolio, which can be compared to its competitors. Please check out Health Care Portfolio standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Health Care is priced fairly, providing market reflects its last-minute price of 27.91 per share.
Health Care Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Health, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HealthHealth |
Health Care 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.
Health Care Portfolio Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Health Care Portfolio volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Health Care Portfolio Trend Analysis
Use this graph to draw trend lines for Health Care Portfolio. You can use it to identify possible trend reversals for Health Care 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 Health Care price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Health Care Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Health Care Portfolio applied against its price change over selected period. The best fit line has a slop of 0.0071 , which may suggest that Health Care Portfolio market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.88, which is the sum of squared deviations for the predicted Health Care price change compared to its average price change.About Health Care 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 Health Care Portfolio 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 Health Care Portfolio based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Health Care Portfolio price pattern first instead of the macroeconomic environment surrounding Health Care Portfolio. By analyzing Health Care'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 Health Care'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 Health Care specific price patterns or momentum indicators. Please read more on our technical analysis page.
Health Care April 23, 2024 Technical Indicators
Most technical analysis of Health 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 Health from various momentum indicators to cycle indicators. When you analyze Health 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 | 0.0129 | |||
| Market Risk Adjusted Performance | 0.0147 | |||
| Mean Deviation | 0.6852 | |||
| Semi Deviation | 1.11 | |||
| Downside Deviation | 1.15 | |||
| Coefficient Of Variation | 6766.13 | |||
| Standard Deviation | 1.0 | |||
| Variance | 1.0 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0047 | |||
| Maximum Drawdown | 6.87 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.43 | |||
| Downside Variance | 1.33 | |||
| Semi Variance | 1.23 | |||
| Expected Short fall | (0.70) | |||
| Skewness | (1.61) | |||
| Kurtosis | 7.37 |
Health Care Portfolio One Year Return
Based on the recorded statements, Health Care Portfolio has an One Year Return of -0.405%. This is 110.92% lower than that of the Fidelity Investments family and significantly lower than that of the Health category. The one year return for all United States funds is 109.76% higher than that of the company.
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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Health Care Portfolio. 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 rate. Note that the Health Care Portfolio information on this page should be used as a complementary analysis to other Health Care'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 CEOs Directory module to screen CEOs from public companies around the world.