Sound Shore Fund Technical Analysis
| SSHVX Fund | USD 44.16 0.06 0.14% |
As of the 19th of April, Sound Shore has the Risk Adjusted Performance of 0.1338, semi deviation of 0.5601, and Coefficient Of Variation of 467.05. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sound Shore Fund, as well as the relationship between them. In other words, you can use this information to find out if the fund will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Sound Shore Fund, which can be compared to its competition. Please validate Sound Shore Fund jensen alpha and semi variance to decide if Sound Shore is priced more or less accurately, providing market reflects its prevalent price of 44.16 per share.
Sound Shore Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sound, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SoundSound |
Sound Shore 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.
Sound Shore Fund 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 Sound Shore Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sound Shore Fund Trend Analysis
Use this graph to draw trend lines for Sound Shore Fund. You can use it to identify possible trend reversals for Sound Shore 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 Sound Shore price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sound Shore Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sound Shore Fund applied against its price change over selected period. The best fit line has a slop of 0.10 , which means Sound Shore Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 378.87, which is the sum of squared deviations for the predicted Sound Shore price change compared to its average price change.About Sound Shore 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 Sound Shore 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 Sound Shore Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Sound Shore Fund price pattern first instead of the macroeconomic environment surrounding Sound Shore Fund. By analyzing Sound Shore'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 Sound Shore'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 Sound Shore specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sound Shore April 19, 2024 Technical Indicators
Most technical analysis of Sound 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 Sound from various momentum indicators to cycle indicators. When you analyze Sound 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 | 0.1338 | |||
| Market Risk Adjusted Performance | (2.18) | |||
| Mean Deviation | 0.5796 | |||
| Semi Deviation | 0.5601 | |||
| Downside Deviation | 0.7688 | |||
| Coefficient Of Variation | 467.05 | |||
| Standard Deviation | 0.7274 | |||
| Variance | 0.5291 | |||
| Information Ratio | 0.1198 | |||
| Jensen Alpha | 0.1496 | |||
| Total Risk Alpha | 0.0768 | |||
| Sortino Ratio | 0.1134 | |||
| Treynor Ratio | (2.19) | |||
| Maximum Drawdown | 3.31 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.15 | |||
| Downside Variance | 0.5911 | |||
| Semi Variance | 0.3137 | |||
| Expected Short fall | (0.64) | |||
| Skewness | (0.45) | |||
| Kurtosis | (0.09) |
Sound Shore April 19, 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 Sound 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 | 44.16 | ||
| Day Typical Price | 44.16 | ||
| Price Action Indicator | 0.03 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sound Shore 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 real. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.