Royce Premier Fund Technical Analysis
| RYPRX Fund | USD 11.14 0.04 0.36% |
As of the 19th of April, Royce Premier holds the Risk Adjusted Performance of 0.0138, coefficient of variation of 6460.47, and Semi Deviation of 1.08. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Royce Premier, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Royce Premier, which can be compared to its competitors. Please check Royce Premier downside deviation and the relationship between the variance and potential upsidedownside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Royce Premier is priced some-what accurately, providing market reflects its current price of 11.14 per share.
Royce Premier Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Royce, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RoyceRoyce |
Royce Premier 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.
Royce Premier 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 Royce Premier volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Royce Premier Trend Analysis
Use this graph to draw trend lines for Royce Premier Fund. You can use it to identify possible trend reversals for Royce Premier 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 Royce Premier price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Royce Premier Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Royce Premier Fund applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Royce Premier Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.28, which is the sum of squared deviations for the predicted Royce Premier price change compared to its average price change.About Royce Premier 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 Royce Premier 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 Royce Premier Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Royce Premier price pattern first instead of the macroeconomic environment surrounding Royce Premier. By analyzing Royce Premier'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 Royce Premier'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 Royce Premier specific price patterns or momentum indicators. Please read more on our technical analysis page.
Royce Premier April 19, 2024 Technical Indicators
Most technical analysis of Royce 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 Royce from various momentum indicators to cycle indicators. When you analyze Royce 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0138 | |||
| Market Risk Adjusted Performance | 0.0143 | |||
| Mean Deviation | 0.8256 | |||
| Semi Deviation | 1.08 | |||
| Downside Deviation | 1.16 | |||
| Coefficient Of Variation | 6460.47 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0043 | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.69 | |||
| Downside Variance | 1.35 | |||
| Semi Variance | 1.17 | |||
| Expected Short fall | (0.84) | |||
| Skewness | (0.20) | |||
| Kurtosis | 0.2493 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royce Premier 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 metropolitan statistical area. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.