Absolute Capital Asset Fund Technical Analysis
| AAMCX Fund | USD 10.34 0.04 0.39% |
As of the 18th of April 2024, Absolute Capital shows the Risk Adjusted Performance of 0.0525, mean deviation of 0.4349, and Downside Deviation of 0.5431. Absolute Capital Asset technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. 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 break down nineteen technical drivers for Absolute Capital Asset, which can be compared to its peers. Please confirm Absolute Capital Asset standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Absolute Capital Asset is priced correctly, providing market reflects its regular price of 10.34 per share.
Absolute Capital Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Absolute, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AbsoluteAbsolute |
Absolute Capital 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.
Absolute Capital Asset Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Absolute Capital Asset volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Absolute Capital Asset Trend Analysis
Use this graph to draw trend lines for Absolute Capital Asset. You can use it to identify possible trend reversals for Absolute Capital 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 Absolute Capital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Absolute Capital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Absolute Capital Asset applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Absolute Capital Asset will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.0, which is the sum of squared deviations for the predicted Absolute Capital price change compared to its average price change.About Absolute Capital 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 Absolute Capital Asset 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 Absolute Capital Asset based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Absolute Capital Asset price pattern first instead of the macroeconomic environment surrounding Absolute Capital Asset. By analyzing Absolute Capital'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 Absolute Capital'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 Absolute Capital specific price patterns or momentum indicators. Please read more on our technical analysis page.
Absolute Capital April 18, 2024 Technical Indicators
Most technical analysis of Absolute 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 Absolute from various momentum indicators to cycle indicators. When you analyze Absolute 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 | 0.0525 | |||
| Market Risk Adjusted Performance | 0.0566 | |||
| Mean Deviation | 0.4349 | |||
| Semi Deviation | 0.4602 | |||
| Downside Deviation | 0.5431 | |||
| Coefficient Of Variation | 1161.99 | |||
| Standard Deviation | 0.5349 | |||
| Variance | 0.2861 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 9.0E-4 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0466 | |||
| Maximum Drawdown | 2.29 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 0.8483 | |||
| Downside Variance | 0.295 | |||
| Semi Variance | 0.2118 | |||
| Expected Short fall | (0.49) | |||
| Skewness | (0.21) | |||
| Kurtosis | (0.39) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Absolute Capital Asset. 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 main economic indicators. Note that the Absolute Capital Asset information on this page should be used as a complementary analysis to other Absolute Capital'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.