Midcap Value Fund Technical Analysis
| PLASX Fund | USD 15.81 0.11 0.69% |
As of the 19th of April, Midcap Value secures the Risk Adjusted Performance of 0.0507, downside deviation of 0.7755, and Mean Deviation of 0.5743. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Midcap Value, 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 are able to interpolate and collect nineteen technical drivers for Midcap Value, which can be compared to its peers in the industry. Please verify Midcap Value semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Midcap Value Fund is priced some-what accurately, providing market reflects its recent price of 15.81 per share.
Midcap Value Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Midcap, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MidcapMidcap |
Midcap Value 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.
Midcap Value Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Midcap Value volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Midcap Value Trend Analysis
Use this graph to draw trend lines for Midcap Value Fund. You can use it to identify possible trend reversals for Midcap Value 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 Midcap Value price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Midcap Value Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Midcap Value Fund applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Midcap Value Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.36, which is the sum of squared deviations for the predicted Midcap Value price change compared to its average price change.About Midcap Value 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 Midcap Value 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 Midcap Value Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Midcap Value price pattern first instead of the macroeconomic environment surrounding Midcap Value. By analyzing Midcap Value'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 Midcap Value'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 Midcap Value specific price patterns or momentum indicators. Please read more on our technical analysis page.
Midcap Value April 19, 2024 Technical Indicators
Most technical analysis of Midcap 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 Midcap from various momentum indicators to cycle indicators. When you analyze Midcap 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 | 0.0507 | |||
| Market Risk Adjusted Performance | 16.86 | |||
| Mean Deviation | 0.5743 | |||
| Semi Deviation | 0.6959 | |||
| Downside Deviation | 0.7755 | |||
| Coefficient Of Variation | 1253.6 | |||
| Standard Deviation | 0.7169 | |||
| Variance | 0.514 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.047 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 16.85 | |||
| Maximum Drawdown | 3.13 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.03 | |||
| Downside Variance | 0.6015 | |||
| Semi Variance | 0.4842 | |||
| Expected Short fall | (0.61) | |||
| Skewness | (0.44) | |||
| Kurtosis | (0.13) |
Midcap Value One Year Return
Based on the recorded statements, Midcap Value Fund has an One Year Return of 14.3096%. This is 41.57% lower than that of the Principal Funds family and significantly higher than that of the Mid-Cap Value 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Midcap Value Fund. 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.