Needham Small Cap Fund Technical Analysis
| NESIX Fund | USD 15.93 0.17 1.06% |
As of the 23rd of April, Needham Small secures the Mean Deviation of 1.38, risk adjusted performance of 0.0124, and Downside Deviation of 1.71. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Needham Small Cap, 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 collect and analyze data for nineteen technical drivers for Needham Small, which can be compared to its peers in the industry. Please verify Needham Small Cap semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Needham Small Cap is priced some-what accurately, providing market reflects its recent price of 15.93 per share.
Needham Small Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Needham, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NeedhamNeedham |
Needham Small 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.
Needham Small Cap Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Needham Small Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Needham Small Cap Trend Analysis
Use this graph to draw trend lines for Needham Small Cap. You can use it to identify possible trend reversals for Needham Small 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 Needham Small price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Needham Small Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Needham Small Cap applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Needham Small Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.95, which is the sum of squared deviations for the predicted Needham Small price change compared to its average price change.About Needham Small 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 Needham Small Cap 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 Needham Small Cap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Needham Small Cap price pattern first instead of the macroeconomic environment surrounding Needham Small Cap. By analyzing Needham Small'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 Needham Small'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 Needham Small specific price patterns or momentum indicators. Please read more on our technical analysis page.
Needham Small April 23, 2024 Technical Indicators
Most technical analysis of Needham 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 Needham from various momentum indicators to cycle indicators. When you analyze Needham 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 | 0.0124 | |||
| Market Risk Adjusted Performance | 0.0132 | |||
| Mean Deviation | 1.38 | |||
| Semi Deviation | 1.6 | |||
| Downside Deviation | 1.71 | |||
| Coefficient Of Variation | 10382.42 | |||
| Standard Deviation | 1.74 | |||
| Variance | 3.02 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0032 | |||
| Maximum Drawdown | 8.93 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 2.6 | |||
| Downside Variance | 2.93 | |||
| Semi Variance | 2.57 | |||
| Expected Short fall | (1.53) | |||
| Skewness | 0.2858 | |||
| Kurtosis | 0.19 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Needham Small Cap. 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 gross domestic product. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.