Africa Fund Africa Fund Statistic Functions Beta

CAFRX Fund  USD 12.63  0.16  1.28%   
Africa Fund statistic functions tool provides the execution environment for running the Beta function and other technical functions against Africa Fund. Africa Fund value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Africa Fund statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Africa Fund Africa correlated with the market. If Beta is less than 0 Africa Fund generally moves in the opposite direction as compared to the market. If Africa Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Africa Fund Africa is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Africa Fund is generally in the same direction as the market. If Beta > 1 Africa Fund moves generally in the same direction as, but more than the movement of the benchmark.

Africa Fund Technical Analysis Modules

Most technical analysis of Africa Fund 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 Africa from various momentum indicators to cycle indicators. When you analyze Africa charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Africa Fund Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Africa Fund Africa. We use our internally-developed statistical techniques to arrive at the intrinsic value of Africa Fund Africa based on widely used predictive technical indicators. In general, we focus on analyzing Africa Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Africa Fund's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Africa Fund's intrinsic value. In addition to deriving basic predictive indicators for Africa Fund, we also check how macroeconomic factors affect Africa Fund price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
11.5112.6313.75
Details
Intrinsic
Valuation
LowRealHigh
12.3713.4914.61
Details
Naive
Forecast
LowNextHigh
11.5112.6313.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.5712.4815.39
Details

Align your values with your investing style

In addition to having Africa Fund in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested over 90 shares
ESG Investing Idea
ESG Investing
Sold few shares
Corona Opportunity Idea
Corona Opportunity
Invested over 90 shares

Other Information on Investing in Africa Mutual Fund

Africa Fund financial ratios help investors to determine whether Africa Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Africa with respect to the benefits of owning Africa Fund security.
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