Bond Market Index Fund Technical Analysis
| PNIIX Fund | USD 8.23 0.02 0.24% |
As of the 25th of April, Bond Market shows the Standard Deviation of 0.3673, mean deviation of 0.287, and Risk Adjusted Performance of (0.05). In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Bond Market, as well as the relationship between them. 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 were able to collect and analyze data for thirteen technical drivers for Bond Market Index, which can be compared to its peers. Please confirm Bond Market Index information ratio and kurtosis to decide if Bond Market Index is priced correctly, providing market reflects its regular price of 8.23 per share.
Bond Market Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bond, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BondBond |
Bond Market 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.
Bond Market Index 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 Bond Market Index volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bond Market Index Trend Analysis
Use this graph to draw trend lines for Bond Market Index. You can use it to identify possible trend reversals for Bond Market 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 Bond Market price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bond Market Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bond Market Index applied against its price change over selected period. The best fit line has a slop of 0.0024 , which may suggest that Bond Market Index market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.22, which is the sum of squared deviations for the predicted Bond Market price change compared to its average price change.About Bond Market 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 Bond Market Index 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 Bond Market Index based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Bond Market Index price pattern first instead of the macroeconomic environment surrounding Bond Market Index. By analyzing Bond Market'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 Bond Market'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 Bond Market specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bond Market April 25, 2024 Technical Indicators
Most technical analysis of Bond 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 Bond from various momentum indicators to cycle indicators. When you analyze Bond 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 0.287 | |||
| Coefficient Of Variation | (1,596) | |||
| Standard Deviation | 0.3673 | |||
| Variance | 0.1349 | |||
| Information Ratio | (0.32) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 1.56 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.4773 | |||
| Skewness | (0.87) | |||
| Kurtosis | 0.6152 |
Bond Market Index One Year Return
Based on the recorded statements, Bond Market Index has an One Year Return of -0.4022%. This is 101.64% lower than that of the Principal Funds family and significantly lower than that of the Intermediate Core Bond category. The one year return for all United States funds is notably higher than that of the company.
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.Bond Market April 25, 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 Bond 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 | 1.00 | ||
| Day Median Price | 8.23 | ||
| Day Typical Price | 8.23 | ||
| Price Action Indicator | (0.01) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Bond Market Index. 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.