Spirit Of America Fund Technical Analysis

SACEX Fund  USD 11.83  0.09  0.77%   
As of the 28th of March, Spirit Of has the Semi Deviation of 0.3914, risk adjusted performance of 0.1376, and Coefficient Of Variation of 411.0. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spirit Of America, 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 analyze and collect data for nineteen technical drivers for Spirit Of America, which can be compared to its competition. Please validate Spirit Of America coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Spirit Of is priced more or less accurately, providing market reflects its prevalent price of 11.83 per share.

Spirit Of Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Spirit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Spirit
  
Spirit Of'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.
Spirit Of 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 Spirit Of technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Spirit Of 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...

Spirit Of America Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Spirit Of America volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Spirit Of America Trend Analysis

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

Spirit Of Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Spirit Of America applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Spirit Of America will continue generating value for investors. It has 122 observation points and a regression sum of squares at 23.67, which is the sum of squared deviations for the predicted Spirit Of price change compared to its average price change.

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

Spirit Of March 28, 2024 Technical Indicators

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

Spirit Of 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 Spirit 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Spirit Of America. 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 Spirit Of America information on this page should be used as a complementary analysis to other Spirit Of'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 Spirit Mutual Fund analysis

When running Spirit Of's price analysis, check to measure Spirit Of'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 Spirit Of is operating at the current time. Most of Spirit Of's value examination focuses on studying past and present price action to predict the probability of Spirit Of's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Of's price. Additionally, you may evaluate how the addition of Spirit Of to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Spirit Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spirit Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spirit Of'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.