Ginnie Mae Fund Technical Analysis
| BGNMX Fund | USD 8.91 0.08 0.91% |
As of the 26th of November, Ginnie Mae retains the Standard Deviation of 0.3089, risk adjusted performance of (0.06), and Market Risk Adjusted Performance of 1.27. Ginnie Mae technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.
Ginnie Mae Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ginnie, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GinnieGinnie |
Ginnie Mae 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.
Ginnie Mae Fund Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Ginnie Mae Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ginnie Mae Fund Trend Analysis
Use this graph to draw trend lines for Ginnie Mae Fund. You can use it to identify possible trend reversals for Ginnie Mae 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 Ginnie Mae price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ginnie Mae Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ginnie Mae Fund applied against its price change over selected period. The best fit line has a slop of 0.0066 , which may suggest that Ginnie Mae Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.65, which is the sum of squared deviations for the predicted Ginnie Mae price change compared to its average price change.About Ginnie Mae 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 Ginnie Mae Fund 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 Ginnie Mae Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Ginnie Mae Fund price pattern first instead of the macroeconomic environment surrounding Ginnie Mae Fund. By analyzing Ginnie Mae'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 Ginnie Mae'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 Ginnie Mae specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ginnie Mae November 26, 2024 Technical Indicators
Most technical analysis of Ginnie 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 Ginnie from various momentum indicators to cycle indicators. When you analyze Ginnie 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 | (0.06) | |||
| Market Risk Adjusted Performance | 1.27 | |||
| Mean Deviation | 0.2275 | |||
| Coefficient Of Variation | (1,560) | |||
| Standard Deviation | 0.3089 | |||
| Variance | 0.0954 | |||
| Information Ratio | (0.48) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 1.26 | |||
| Maximum Drawdown | 1.36 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.3401 | |||
| Skewness | 0.0094 | |||
| Kurtosis | 1.25 |
Ginnie Mae Fund One Year Return
Based on the recorded statements, Ginnie Mae Fund has an One Year Return of 6.1735%. This is 1768.51% lower than that of the American Century Investments family and notably lower than that of the Intermediate Government category. The one year return for all United States funds is 48.76% 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 Ginnie Mutual Fund
Ginnie Mae financial ratios help investors to determine whether Ginnie 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 Ginnie with respect to the benefits of owning Ginnie Mae security.
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