Kinetics Medical Fund Technical Analysis
| MEDRXDelisted Fund | USD 31.22 0.00 0.00% |
As of the 18th of April 2024, Kinetics Medical secures the Mean Deviation of 0.3444, risk adjusted performance of (0.06), and Standard Deviation of 0.5939. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Kinetics Medical, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Kinetics Medical, which can be compared to its peers in the industry. Please verify Kinetics Medical information ratio and kurtosis to decide if Kinetics Medical Fund is priced some-what accurately, providing market reflects its recent price of 31.22 per share.
Kinetics Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kinetics, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KineticsKinetics |
Kinetics Medical 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.
Kinetics Medical Technical Analysis
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Kinetics Medical Trend Analysis
Use this graph to draw trend lines for Kinetics Medical Fund. You can use it to identify possible trend reversals for Kinetics Medical 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 Kinetics Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kinetics Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kinetics Medical Fund applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Kinetics Medical Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.03, which is the sum of squared deviations for the predicted Kinetics Medical price change compared to its average price change.About Kinetics Medical 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 Kinetics Medical Fund 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 Kinetics Medical Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Kinetics Medical price pattern first instead of the macroeconomic environment surrounding Kinetics Medical. By analyzing Kinetics Medical'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 Kinetics Medical'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 Kinetics Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Kinetics Medical April 18, 2024 Technical Indicators
Most technical analysis of Kinetics 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 Kinetics from various momentum indicators to cycle indicators. When you analyze Kinetics 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 | (0.06) | |||
| Market Risk Adjusted Performance | 0.5521 | |||
| Mean Deviation | 0.3444 | |||
| Coefficient Of Variation | (1,120) | |||
| Standard Deviation | 0.5939 | |||
| Variance | 0.3527 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.5421 | |||
| Maximum Drawdown | 3.97 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 0.9678 | |||
| Skewness | (1.24) | |||
| Kurtosis | 5.11 |
Kinetics Medical One Year Return
Based on the recorded statements, Kinetics Medical Fund has an One Year Return of 16.49%. This is 187.78% higher than that of the Kinetics family and significantly higher than that of the Health category. The one year return for all United States funds is notably lower than that of the firm.
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 Correlation Analysis to better understand how to build diversified portfolios. 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 metropolitan statistical area. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in Kinetics Mutual Fund
If you are still planning to invest in Kinetics Medical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kinetics Medical's history and understand the potential risks before investing.
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