Ab New York Fund Technical Analysis

ALNYX Fund  USD 9.24  0.09  0.11%   
As of the 22nd of November, Ab New owns the Coefficient Of Variation of 5880.67, market risk adjusted performance of 0.0785, and Standard Deviation of 0.2132. Ab New York technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices.

Ab New Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ALNYX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ALNYX
  
Ab New's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Ab New 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.
A focus of Ab New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ab New trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Ab New York Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Ab New York volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ab New York Trend Analysis

Use this graph to draw trend lines for Ab New York. You can use it to identify possible trend reversals for Ab New 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 Ab New price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ab New Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ab New York applied against its price change over selected period. The best fit line has a slop of   0.0015  , which may suggest that Ab New York market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Ab New price change compared to its average price change.

About Ab New 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 Ab New York 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 Ab New York based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Ab New York price pattern first instead of the macroeconomic environment surrounding Ab New York. By analyzing Ab New'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 Ab New'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 Ab New specific price patterns or momentum indicators. Please read more on our technical analysis page.

Ab New November 22, 2024 Technical Indicators

Most technical analysis of ALNYX 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 ALNYX from various momentum indicators to cycle indicators. When you analyze ALNYX 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.

Ab New York One Year Return

Based on the recorded statements, Ab New York has an One Year Return of 8.052%. This is 365.74% lower than that of the AllianceBernstein family and significantly higher than that of the Muni New York Intermediate 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.

Other Information on Investing in ALNYX Mutual Fund

Ab New financial ratios help investors to determine whether ALNYX 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 ALNYX with respect to the benefits of owning Ab New security.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities