Floating Rate Fund Technical Analysis
| LRRVX Fund | USD 8.18 0.01 0.12% |
As of the 22nd of November, Floating Rate shows the Variance of 0.0195, standard deviation of 0.1395, and Mean Deviation of 0.0739. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Floating Rate, as well as the relationship between them.
Floating Rate Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Floating, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FloatingFloating |
Floating Rate 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.
Floating Rate Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Floating Rate volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Floating Rate Trend Analysis
Use this graph to draw trend lines for Floating Rate Fund. You can use it to identify possible trend reversals for Floating Rate 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 Floating Rate price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Floating Rate Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Floating Rate Fund applied against its price change over selected period. The best fit line has a slop of 0 , which means Floating Rate Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.37, which is the sum of squared deviations for the predicted Floating Rate price change compared to its average price change.About Floating Rate 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 Floating Rate 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 Floating Rate Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Floating Rate price pattern first instead of the macroeconomic environment surrounding Floating Rate. By analyzing Floating Rate'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 Floating Rate'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 Floating Rate specific price patterns or momentum indicators. Please read more on our technical analysis page.
Floating Rate November 22, 2024 Technical Indicators
Most technical analysis of Floating 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 Floating from various momentum indicators to cycle indicators. When you analyze Floating 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 | 0.161 | |||
| Market Risk Adjusted Performance | (4.17) | |||
| Mean Deviation | 0.0739 | |||
| Coefficient Of Variation | 370.84 | |||
| Standard Deviation | 0.1395 | |||
| Variance | 0.0195 | |||
| Information Ratio | (0.52) | |||
| Jensen Alpha | 0.0283 | |||
| Total Risk Alpha | 0.0094 | |||
| Treynor Ratio | (4.18) | |||
| Maximum Drawdown | 0.8687 | |||
| Potential Upside | 0.1253 | |||
| Skewness | 3.76 | |||
| Kurtosis | 15.46 |
Floating Rate One Year Return
Based on the recorded statements, Floating Rate Fund has an One Year Return of 10.3403%. This is 150.98% higher than that of the Lord Abbett family and significantly higher than that of the Bank Loan 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 Floating Mutual Fund
Floating Rate financial ratios help investors to determine whether Floating 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 Floating with respect to the benefits of owning Floating Rate security.
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