Alphacentric Lifesci Healthcare Fund Technical Analysis
| LYFAX Fund | USD 12.33 0.02 0.16% |
As of the 7th of May, Alphacentric Lifesci shows the Standard Deviation of 1.27, mean deviation of 1.04, and Risk Adjusted Performance of 0.003. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Alphacentric Lifesci, 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 thirteen technical drivers for Alphacentric Lifesci Healthcare, which can be compared to its peers. Please confirm Alphacentric Lifesci market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Alphacentric Lifesci is priced correctly, providing market reflects its regular price of 12.33 per share.
Alphacentric Lifesci Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alphacentric, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlphacentricAlphacentric |
Alphacentric Lifesci 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.
Alphacentric Lifesci Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Alphacentric Lifesci volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alphacentric Lifesci Trend Analysis
Use this graph to draw trend lines for Alphacentric Lifesci Healthcare. You can use it to identify possible trend reversals for Alphacentric Lifesci 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 Alphacentric Lifesci price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alphacentric Lifesci Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alphacentric Lifesci Healthcare applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Alphacentric Lifesci Healthcare market price will keep on failing further. It has 122 observation points and a regression sum of squares at 16.34, which is the sum of squared deviations for the predicted Alphacentric Lifesci price change compared to its average price change.About Alphacentric Lifesci 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 Alphacentric Lifesci Healthcare 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 Alphacentric Lifesci Healthcare based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Alphacentric Lifesci price pattern first instead of the macroeconomic environment surrounding Alphacentric Lifesci. By analyzing Alphacentric Lifesci'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 Alphacentric Lifesci'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 Alphacentric Lifesci specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alphacentric Lifesci May 7, 2024 Technical Indicators
Most technical analysis of Alphacentric 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 Alphacentric from various momentum indicators to cycle indicators. When you analyze Alphacentric 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 | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.003 | |||
| Market Risk Adjusted Performance | (0.0008) | |||
| Mean Deviation | 1.04 | |||
| Coefficient Of Variation | (29,509) | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 5.37 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 2.05 | |||
| Skewness | (0.08) | |||
| Kurtosis | (0.26) |
Alphacentric Lifesci May 7, 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 Alphacentric 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 | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 12.33 | ||
| Day Typical Price | 12.33 | ||
| Price Action Indicator | 0.01 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alphacentric Lifesci Healthcare. 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 nation. Note that the Alphacentric Lifesci information on this page should be used as a complementary analysis to other Alphacentric Lifesci'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.