Oberweis Emerging Markets Fund Technical Analysis
OIEMX Fund | USD 11.64 0.03 0.26% |
As of the 9th of May, Oberweis Emerging holds the Variance of 0.803, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,320). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oberweis Emerging, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We have collected data for thirteen technical drivers for Oberweis Emerging Markets, which can be compared to its competitors. Please check Oberweis Emerging Markets coefficient of variation and value at risk to decide if Oberweis Emerging Markets is priced some-what accurately, providing market reflects its current price of 11.64 per share.
Oberweis Emerging Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oberweis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OberweisOberweis |
Oberweis Emerging 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.
Oberweis Emerging Markets Technical Analysis
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 Oberweis Emerging Markets volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Oberweis Emerging Markets Trend Analysis
Use this graph to draw trend lines for Oberweis Emerging Markets. You can use it to identify possible trend reversals for Oberweis Emerging 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 Oberweis Emerging price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Oberweis Emerging Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Oberweis Emerging Markets applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Oberweis Emerging Markets will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.65, which is the sum of squared deviations for the predicted Oberweis Emerging price change compared to its average price change.About Oberweis Emerging 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 Oberweis Emerging Markets 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 Oberweis Emerging Markets based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Oberweis Emerging Markets price pattern first instead of the macroeconomic environment surrounding Oberweis Emerging Markets. By analyzing Oberweis Emerging'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 Oberweis Emerging'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 Oberweis Emerging specific price patterns or momentum indicators. Please read more on our technical analysis page.
Oberweis Emerging May 9, 2024 Technical Indicators
Most technical analysis of Oberweis 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 Oberweis from various momentum indicators to cycle indicators. When you analyze Oberweis 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 | (0.03) | |||
Market Risk Adjusted Performance | (1.12) | |||
Mean Deviation | 0.73 | |||
Coefficient Of Variation | (2,320) | |||
Standard Deviation | 0.8961 | |||
Variance | 0.803 | |||
Information Ratio | 0.0034 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | 0.0173 | |||
Treynor Ratio | (1.13) | |||
Maximum Drawdown | 2.38 | |||
Value At Risk | (1.37) | |||
Potential Upside | 1.42 | |||
Skewness | 0.17 | |||
Kurtosis | (0.95) |
Oberweis Emerging May 9, 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 Oberweis 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 | 11.64 | ||
Day Typical Price | 11.64 | ||
Price Action Indicator | (0.01) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oberweis Emerging Markets. 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 population. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.