Kensington Active Advantage Fund Technical Analysis
| KADAX Fund | USD 10.28 0.04 0.39% |
As of the 30th of November, Kensington Active secures the Downside Deviation of 0.4488, risk adjusted performance of 0.127, and Mean Deviation of 0.2834. Kensington Active Advantage technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices.
Kensington Active Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kensington, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KensingtonKensington |
Kensington Active 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.
Kensington Active Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Kensington Active volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Kensington Active Trend Analysis
Use this graph to draw trend lines for Kensington Active Advantage. You can use it to identify possible trend reversals for Kensington Active 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 Kensington Active price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kensington Active Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kensington Active Advantage applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Kensington Active Advantage will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.63, which is the sum of squared deviations for the predicted Kensington Active price change compared to its average price change.About Kensington Active 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 Kensington Active Advantage 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 Kensington Active Advantage based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Kensington Active price pattern first instead of the macroeconomic environment surrounding Kensington Active. By analyzing Kensington Active'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 Kensington Active'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 Kensington Active specific price patterns or momentum indicators. Please read more on our technical analysis page.
Kensington Active November 30, 2024 Technical Indicators
Most technical analysis of Kensington 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 Kensington from various momentum indicators to cycle indicators. When you analyze Kensington 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 | 0.127 | |||
| Market Risk Adjusted Performance | 0.1516 | |||
| Mean Deviation | 0.2834 | |||
| Semi Deviation | 0.2349 | |||
| Downside Deviation | 0.4488 | |||
| Coefficient Of Variation | 558.11 | |||
| Standard Deviation | 0.3827 | |||
| Variance | 0.1464 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.1416 | |||
| Maximum Drawdown | 2.08 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 0.5917 | |||
| Downside Variance | 0.2014 | |||
| Semi Variance | 0.0552 | |||
| Expected Short fall | (0.35) | |||
| Skewness | (0.21) | |||
| Kurtosis | 1.72 |
Other Information on Investing in Kensington Mutual Fund
Kensington Active financial ratios help investors to determine whether Kensington 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 Kensington with respect to the benefits of owning Kensington Active security.
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