Spectrum Advisors Preferred Fund Technical Analysis
| SAPEX Fund | USD 16.46 0.09 0.55% |
As of the 23rd of April, Spectrum Advisors has the Variance of 0.842, coefficient of variation of (3,646), and Risk Adjusted Performance of (0.01). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spectrum Advisors, 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 thirteen technical drivers for Spectrum Advisors Preferred, which can be compared to its competition. Please validate Spectrum Advisors coefficient of variation and value at risk to decide if Spectrum Advisors is priced more or less accurately, providing market reflects its prevalent price of 16.46 per share.
Spectrum Advisors Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Spectrum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SpectrumSpectrum |
Spectrum Advisors 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.
Spectrum Advisors Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Spectrum Advisors volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Spectrum Advisors Trend Analysis
Use this graph to draw trend lines for Spectrum Advisors Preferred. You can use it to identify possible trend reversals for Spectrum Advisors 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 Spectrum Advisors price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Spectrum Advisors Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Spectrum Advisors Preferred applied against its price change over selected period. The best fit line has a slop of 0.0023 , which may suggest that Spectrum Advisors Preferred market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted Spectrum Advisors price change compared to its average price change.About Spectrum Advisors 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 Spectrum Advisors Preferred 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 Spectrum Advisors Preferred based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Spectrum Advisors price pattern first instead of the macroeconomic environment surrounding Spectrum Advisors. By analyzing Spectrum Advisors'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 Spectrum Advisors'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 Spectrum Advisors specific price patterns or momentum indicators. Please read more on our technical analysis page.
Spectrum Advisors April 23, 2024 Technical Indicators
Most technical analysis of Spectrum 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 Spectrum from various momentum indicators to cycle indicators. When you analyze Spectrum 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 0.6922 | |||
| Coefficient Of Variation | (3,646) | |||
| Standard Deviation | 0.9176 | |||
| Variance | 0.842 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 4.28 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.22 | |||
| Skewness | (0.61) | |||
| Kurtosis | 0.8562 |
Spectrum Advisors April 23, 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 Spectrum 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 | 1.01 | ||
| Day Median Price | 16.46 | ||
| Day Typical Price | 16.46 | ||
| Price Action Indicator | 0.04 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spectrum Advisors Preferred. 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 Spectrum Advisors information on this page should be used as a complementary analysis to other Spectrum Advisors' 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.