Essex Environmental Opportunities Fund Technical Analysis
| GEOSX Fund | USD 12.18 0.08 0.66% |
As of the 18th of April 2024, Essex Environmental shows the Mean Deviation of 0.9827, standard deviation of 1.25, and Variance of 1.55. Essex Environmental 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 are able to interpolate and collect thirteen technical drivers for Essex Environmental Opportunities, which can be compared to its peers. Please confirm Essex Environmental market risk adjusted performance and treynor ratio to decide if Essex Environmental is priced favorably, providing market reflects its regular price of 12.18 per share.
Essex Environmental Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Essex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EssexEssex |
Essex Environmental 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.
Essex Environmental 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 Essex Environmental volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Essex Environmental Trend Analysis
Use this graph to draw trend lines for Essex Environmental Opportunities. You can use it to identify possible trend reversals for Essex Environmental 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 Essex Environmental price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Essex Environmental Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Essex Environmental Opportunities applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Essex Environmental Opportunities will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.36, which is the sum of squared deviations for the predicted Essex Environmental price change compared to its average price change.About Essex Environmental 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 Essex Environmental Opportunities 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 Essex Environmental Opportunities based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Essex Environmental price pattern first instead of the macroeconomic environment surrounding Essex Environmental. By analyzing Essex Environmental'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 Essex Environmental'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 Essex Environmental specific price patterns or momentum indicators. Please read more on our technical analysis page.
Essex Environmental April 18, 2024 Technical Indicators
Most technical analysis of Essex 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 Essex from various momentum indicators to cycle indicators. When you analyze Essex 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 | (0.01) | |||
| Mean Deviation | 0.9827 | |||
| Coefficient Of Variation | (4,418) | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.55 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 5.09 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 1.85 | |||
| Skewness | (0.08) | |||
| Kurtosis | (0.28) |
Essex Environmental April 18, 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 Essex 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 | 12.18 | ||
| Day Typical Price | 12.18 | ||
| Price Action Indicator | 0.04 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Essex Environmental Opportunities. 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.