DOW Mutual Fund Technical Analysis
RYDHX Fund | USD 81.03 0.19 0.24% |
As of the 3rd of October, DOW JONES shows the Standard Deviation of 0.5743, market risk adjusted performance of (0.23), and Mean Deviation of 0.4678. Relative to fundamental indicators, the technical analysis model provides you with a way to check practical technical drivers of DOW JONES, 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 have analyze and collected data for thirteen technical drivers for DOW JONES INDUSTRIAL, which can be compared to its rivals. Please confirm DOW JONES INDUSTRIAL risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if DOW JONES INDUSTRIAL is priced fairly, providing market reflects its regular price of 81.03 per share.
DOW JONES Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DOW, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DOWDOW |
DOW JONES 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.
DOW JONES INDUSTRIAL Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 DOW JONES INDUSTRIAL volatility. High ATR values indicate high volatility, and low values indicate low volatility. .
DOW JONES INDUSTRIAL Trend Analysis
Use this graph to draw trend lines for DOW JONES INDUSTRIAL. You can use it to identify possible trend reversals for DOW JONES 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 DOW JONES price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DOW JONES Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DOW JONES INDUSTRIAL applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that DOW JONES INDUSTRIAL market price will keep on failing further. It has 122 observation points and a regression sum of squares at 72.41, which is the sum of squared deviations for the predicted DOW JONES price change compared to its average price change.About DOW JONES 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 DOW JONES INDUSTRIAL 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 DOW JONES INDUSTRIAL based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on DOW JONES INDUSTRIAL price pattern first instead of the macroeconomic environment surrounding DOW JONES INDUSTRIAL. By analyzing DOW JONES'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 DOW JONES'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 DOW JONES specific price patterns or momentum indicators. Please read more on our technical analysis page.
DOW JONES October 3, 2023 Technical Indicators
Most technical analysis of DOW 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 DOW from various momentum indicators to cycle indicators. When you analyze DOW 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 | (0.014153) | |||
Market Risk Adjusted Performance | (0.23) | |||
Mean Deviation | 0.4678 | |||
Coefficient Of Variation | (4,657) | |||
Standard Deviation | 0.5743 | |||
Variance | 0.3298 | |||
Information Ratio | 0.0616 | |||
Jensen Alpha | (0.016969) | |||
Total Risk Alpha | 0.0311 | |||
Treynor Ratio | (0.24) | |||
Maximum Drawdown | 2.31 | |||
Value At Risk | (1.06) | |||
Potential Upside | 0.9269 | |||
Skewness | (0.14) | |||
Kurtosis | (0.57) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in DOW JONES INDUSTRIAL. 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 rate. Note that the DOW JONES INDUSTRIAL information on this page should be used as a complementary analysis to other DOW JONES'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for DOW Mutual Fund analysis
When running DOW JONES's price analysis, check to measure DOW JONES'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 DOW JONES is operating at the current time. Most of DOW JONES's value examination focuses on studying past and present price action to predict the probability of DOW JONES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DOW JONES's price. Additionally, you may evaluate how the addition of DOW JONES to your portfolios can decrease your overall portfolio volatility.
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