HRNDX-49 retains Risk Adjusted Performance of 0.084 and Market Risk Adjusted Performance of 0.7832. Macroaxis technical analysis interface lets you check practical technical drivers of HRNDX-49 as well as the relationship between them. In other words 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 found nineteen technical drivers for HRNDX-49 which can be compared to its competitors. Please check out HRNDX-49 Coefficient Of Variation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Skewness to decide if HRNDX 49 is priced correctly providing market reflects its last-minute price of 4562.0 per share.
|Horizon||30 Days Login to change|
HRNDX-49 Trend AnalysisUse this graph to draw trend lines for HRNDX-49. You can use it to identify possible trend reversals for HRNDX 49 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 HRNDX 49 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
HRNDX 49 Best Fit Change LineThe following chart estimates an ordinary least squares regression model for HRNDX-49 applied against its price change over selected period. The best fit line has a slop of ? % . It has 0 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted HRNDX 49 price change compared to its average price change.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add HRNDX-49 to your portfolio
|Risk Adjusted Performance||0.084|
|Market Risk Adjusted Performance||0.7832|
|Coefficient Of Variation||1297.47|
|Total Risk Alpha||0.0756|
|Value At Risk||(0.72)|