Hcm Dividend Sector Fund Technical Analysis
| HCMPX Fund | USD 17.54 0.07 0.40% |
As of the 18th of April 2024, Hcm Dividend retains the Downside Deviation of 1.18, risk adjusted performance of 0.0549, and Market Risk Adjusted Performance of 0.0617. Hcm Dividend technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Hcm Dividend Sector, which can be compared to its competitors. Please check out Hcm Dividend Sector coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Hcm Dividend is priced fairly, providing market reflects its last-minute price of 17.54 per share.
Hcm Dividend Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hcm, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HcmHcm |
Hcm Dividend 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.
Hcm Dividend Sector Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Hcm Dividend Sector volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hcm Dividend Sector Trend Analysis
Use this graph to draw trend lines for Hcm Dividend Sector. You can use it to identify possible trend reversals for Hcm Dividend 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 Hcm Dividend price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hcm Dividend Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hcm Dividend Sector applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Hcm Dividend Sector will continue generating value for investors. It has 122 observation points and a regression sum of squares at 17.37, which is the sum of squared deviations for the predicted Hcm Dividend price change compared to its average price change.About Hcm Dividend 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 Hcm Dividend Sector 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 Hcm Dividend Sector based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Hcm Dividend Sector price pattern first instead of the macroeconomic environment surrounding Hcm Dividend Sector. By analyzing Hcm Dividend'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 Hcm Dividend'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 Hcm Dividend specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hcm Dividend April 18, 2024 Technical Indicators
Most technical analysis of Hcm 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 Hcm from various momentum indicators to cycle indicators. When you analyze Hcm 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 | 0.0549 | |||
| Market Risk Adjusted Performance | 0.0617 | |||
| Mean Deviation | 0.9144 | |||
| Semi Deviation | 1.06 | |||
| Downside Deviation | 1.18 | |||
| Coefficient Of Variation | 1252.39 | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.35 | |||
| Information Ratio | 0.0322 | |||
| Jensen Alpha | 0.01 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0317 | |||
| Treynor Ratio | 0.0517 | |||
| Maximum Drawdown | 5.54 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 1.66 | |||
| Downside Variance | 1.39 | |||
| Semi Variance | 1.13 | |||
| Expected Short fall | (0.95) | |||
| Skewness | (0.15) | |||
| Kurtosis | (0.05) |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hcm Dividend Sector. 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 american community survey. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.