1290 Smartbeta Equity Fund Technical Analysis
| TNBAX Fund | USD 17.14 0.34 1.95% |
As of the 16th of April 2024, 1290 Smartbeta owns the Market Risk Adjusted Performance of 0.0639, coefficient of variation of 1106.15, and Standard Deviation of 0.5749. In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of 1290 Smartbeta Equity, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for 1290 Smartbeta, which can be compared to its peers in the sector. Please confirm 1290 Smartbeta Equity standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if 1290 Smartbeta Equity is priced fairly, providing market reflects its prevailing price of 17.14 per share.
1290 Smartbeta Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 1290, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 12901290 |
1290 Smartbeta 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.
1290 Smartbeta Equity Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 1290 Smartbeta Equity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
1290 Smartbeta Equity Trend Analysis
Use this graph to draw trend lines for 1290 Smartbeta Equity. You can use it to identify possible trend reversals for 1290 Smartbeta 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 1290 Smartbeta price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.1290 Smartbeta Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 1290 Smartbeta Equity applied against its price change over selected period. The best fit line has a slop of 0.01 , which means 1290 Smartbeta Equity will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8.47, which is the sum of squared deviations for the predicted 1290 Smartbeta price change compared to its average price change.About 1290 Smartbeta 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 1290 Smartbeta Equity 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 1290 Smartbeta Equity based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on 1290 Smartbeta Equity price pattern first instead of the macroeconomic environment surrounding 1290 Smartbeta Equity. By analyzing 1290 Smartbeta'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 1290 Smartbeta'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 1290 Smartbeta specific price patterns or momentum indicators. Please read more on our technical analysis page.
1290 Smartbeta April 16, 2024 Technical Indicators
Most technical analysis of 1290 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 1290 from various momentum indicators to cycle indicators. When you analyze 1290 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0558 | |||
| Market Risk Adjusted Performance | 0.0639 | |||
| Mean Deviation | 0.4206 | |||
| Semi Deviation | 0.5361 | |||
| Downside Deviation | 0.6637 | |||
| Coefficient Of Variation | 1106.15 | |||
| Standard Deviation | 0.5749 | |||
| Variance | 0.3305 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 9.0E-4 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0539 | |||
| Maximum Drawdown | 2.42 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 0.8499 | |||
| Downside Variance | 0.4405 | |||
| Semi Variance | 0.2874 | |||
| Expected Short fall | (0.46) | |||
| Skewness | (0.55) | |||
| Kurtosis | 1.49 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1290 Smartbeta Equity. 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 nation. Note that the 1290 Smartbeta Equity information on this page should be used as a complementary analysis to other 1290 Smartbeta's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.