Heritage Fund Investor Fund Technical Analysis
| TWHIX Fund | USD 23.54 0.04 0.17% |
As of the 24th of April, Heritage Fund retains the Downside Deviation of 1.02, risk adjusted performance of 0.0764, and Market Risk Adjusted Performance of 0.0921. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Heritage Fund Investor, as well as the relationship between them. 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 collect and analyze data for nineteen technical drivers for Heritage Fund Investor, which can be compared to its competitors. Please check out Heritage Fund Investor information ratio and downside variance to decide if Heritage Fund is priced fairly, providing market reflects its last-minute price of 23.54 per share.
Heritage Fund Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Heritage, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HeritageHeritage |
Heritage Fund 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.
Heritage Fund Investor Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Heritage Fund Investor volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Heritage Fund Investor Trend Analysis
Use this graph to draw trend lines for Heritage Fund Investor. You can use it to identify possible trend reversals for Heritage Fund 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 Heritage Fund price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Heritage Fund Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Heritage Fund Investor applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Heritage Fund Investor will continue generating value for investors. It has 122 observation points and a regression sum of squares at 21.08, which is the sum of squared deviations for the predicted Heritage Fund price change compared to its average price change.About Heritage Fund 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 Heritage Fund Investor 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 Heritage Fund Investor based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Heritage Fund Investor price pattern first instead of the macroeconomic environment surrounding Heritage Fund Investor. By analyzing Heritage Fund'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 Heritage Fund'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 Heritage Fund specific price patterns or momentum indicators. Please read more on our technical analysis page.
Heritage Fund April 24, 2024 Technical Indicators
Most technical analysis of Heritage 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 Heritage from various momentum indicators to cycle indicators. When you analyze Heritage 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 | 0.0764 | |||
| Market Risk Adjusted Performance | 0.0921 | |||
| Mean Deviation | 0.8338 | |||
| Semi Deviation | 0.8813 | |||
| Downside Deviation | 1.02 | |||
| Coefficient Of Variation | 860.14 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.04 | |||
| Information Ratio | 0.0228 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0229 | |||
| Treynor Ratio | 0.0821 | |||
| Maximum Drawdown | 4.24 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.64 | |||
| Downside Variance | 1.03 | |||
| Semi Variance | 0.7766 | |||
| Expected Short fall | (0.88) | |||
| Skewness | 0.0089 | |||
| Kurtosis | (0.63) |
Heritage Fund Investor One Year Return
Based on the recorded statements, Heritage Fund Investor has an One Year Return of 17.4568%. This is 4818.05% lower than that of the American Century Investments family and significantly higher than that of the Mid-Cap Growth category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Heritage Fund April 24, 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 Heritage 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 | 23.54 | ||
| Day Typical Price | 23.54 | ||
| Price Action Indicator | (0.02) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Heritage Fund Investor. 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 gross domestic product. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.