HDFCNIFETF-EQ Technical Analysis

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HDFCNIFETF-EQ -- India Stock  

INR 1,111  4.14  0.37%

As of the 9th of July, HDFC MUTUAL retains the market risk adjusted performance of (54.04), and risk adjusted performance of 1.06. Our technical analysis interface lets you check possible technical drivers of HDFC MUTUAL FUND, as well as the relationship between them. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for HDFC MUTUAL FUND, which can be compared to its competitors. Please check out HDFC MUTUAL FUND treynor ratio, and the relationship between the standard deviation and downside variance to decide if HDFC MUTUAL is priced more or less accurately, providing market reflects its last-minute price of 1111.39 per share.

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HDFC MUTUAL technical stock 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, stock market cycles, or different charting patterns.
A focus of HDFC MUTUAL technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HDFC MUTUAL 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...

HDFC MUTUAL FUND Technical Analysis

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HDFC MUTUAL FUND Trend Analysis

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

HDFC MUTUAL Best Fit Change Line

The following chart estimates an ordinary least squares regression model for HDFC MUTUAL FUND applied against its price change over selected period. The best fit line has a slop of   27.07  , which means HDFC MUTUAL FUND will continue producing value for investors. It has 16 observation points and a regression sum of squares at 61540.94, which is the sum of squared deviations for the predicted HDFC MUTUAL price change compared to its average price change.

About HDFC MUTUAL 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 HDFC MUTUAL 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 HDFC MUTUAL FUND based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HDFC MUTUAL FUND stock first instead of the macroeconomic environment surrounding HDFC MUTUAL FUND . By analyzing HDFC MUTUAL'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 HDFC MUTUAL'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 HDFC MUTUAL specific price patterns or momentum indicators. Please read more on our technical analysis page.

HDFC MUTUAL July 9, 2020 Technical Indicators

Most technical analysis of HDFCNIFETF-EQ stock 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 HDFCNIFETF-EQ from various momentum indicators to cycle indicators. When you analyze HDFCNIFETF-EQ 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 Performance1.06
Market Risk Adjusted Performance(54.04)
Mean Deviation2.83
Coefficient Of Variation173.75
Standard Deviation4.25
Variance18.08
Information Ratio0.5358
Jensen Alpha2.44
Total Risk Alpha2.07
Treynor Ratio(54.05)
Maximum Drawdown11.91
Value At Risk(1.33)
Potential Upside11.22
Skewness1.76
Kurtosis3.55

HDFC MUTUAL July 9, 2020 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 HDFCNIFETF-EQ 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  8.89  
Daily Balance Of Power  0.44  
Rate Of Daily Change  1.00  
Day Median Price  1,110  
Day Typical Price  1,110  
Price Action Indicator  3.84  
Market Facilitation Index  0.008883  
Please check Risk vs Return Analysis. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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