Azzad Wise Capital Fund Technical Analysis

WISEX Fund  USD 10.71  0.01  0.09%   
As of the 28th of March, Azzad Wise shows the Coefficient Of Variation of 304.83, risk adjusted performance of 0.1214, and Mean Deviation of 0.0605. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Azzad Wise, 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 analyze and collect data for eighteen technical drivers for Azzad Wise Capital, which can be compared to its rivals. Please confirm Azzad Wise Capital risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Azzad Wise Capital is priced correctly, providing market reflects its regular price of 10.71 per share.

Azzad Wise Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Azzad, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Azzad
  
Azzad Wise's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Azzad Wise 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.
A focus of Azzad Wise technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Azzad Wise trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Azzad Wise Capital Technical Analysis

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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 Azzad Wise Capital volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Azzad Wise Capital Trend Analysis

Use this graph to draw trend lines for Azzad Wise Capital. You can use it to identify possible trend reversals for Azzad Wise 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 Azzad Wise price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Azzad Wise Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Azzad Wise Capital applied against its price change over selected period. The best fit line has a slop of    , which means Azzad Wise Capital will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.33, which is the sum of squared deviations for the predicted Azzad Wise price change compared to its average price change.

About Azzad Wise 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 Azzad Wise Capital 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 Azzad Wise Capital based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Azzad Wise Capital price pattern first instead of the macroeconomic environment surrounding Azzad Wise Capital. By analyzing Azzad Wise'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 Azzad Wise'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 Azzad Wise specific price patterns or momentum indicators. Please read more on our technical analysis page.

Azzad Wise March 28, 2024 Technical Indicators

Most technical analysis of Azzad 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 Azzad from various momentum indicators to cycle indicators. When you analyze Azzad 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.

Azzad Wise March 28, 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 Azzad 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.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Azzad Wise Capital. 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 income.
Note that the Azzad Wise Capital information on this page should be used as a complementary analysis to other Azzad Wise'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Azzad Mutual Fund analysis

When running Azzad Wise's price analysis, check to measure Azzad Wise's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Azzad Wise is operating at the current time. Most of Azzad Wise's value examination focuses on studying past and present price action to predict the probability of Azzad Wise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azzad Wise's price. Additionally, you may evaluate how the addition of Azzad Wise to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Azzad Wise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azzad Wise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azzad Wise's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.