Oberweis China Opportunities Fund Technical Analysis
| OCHIX Fund | USD 6.96 0.13 1.83% |
As of the 24th of November, Oberweis China holds the Semi Deviation of 2.17, coefficient of variation of 3380.82, and Risk Adjusted Performance of 0.0289. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oberweis China, as well as the relationship between them.
Oberweis China Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oberweis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OberweisOberweis |
Oberweis China 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.
Oberweis China Oppor Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Oberweis China Oppor volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Oberweis China Oppor Trend Analysis
Use this graph to draw trend lines for Oberweis China Opportunities. You can use it to identify possible trend reversals for Oberweis China 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 Oberweis China price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Oberweis China Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Oberweis China Opportunities applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Oberweis China Opportunities will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.28, which is the sum of squared deviations for the predicted Oberweis China price change compared to its average price change.About Oberweis China 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 Oberweis China Opportunities 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 Oberweis China Opportunities based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Oberweis China Oppor price pattern first instead of the macroeconomic environment surrounding Oberweis China Oppor. By analyzing Oberweis China'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 Oberweis China'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 Oberweis China specific price patterns or momentum indicators. Please read more on our technical analysis page.
Oberweis China November 24, 2024 Technical Indicators
Most technical analysis of Oberweis 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 Oberweis from various momentum indicators to cycle indicators. When you analyze Oberweis 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 | 0.0289 | |||
| Market Risk Adjusted Performance | 0.148 | |||
| Mean Deviation | 1.47 | |||
| Semi Deviation | 2.17 | |||
| Downside Deviation | 2.35 | |||
| Coefficient Of Variation | 3380.82 | |||
| Standard Deviation | 2.05 | |||
| Variance | 4.2 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.0063 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.138 | |||
| Maximum Drawdown | 12.11 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 3.64 | |||
| Downside Variance | 5.5 | |||
| Semi Variance | 4.73 | |||
| Expected Short fall | (1.49) | |||
| Skewness | (0.76) | |||
| Kurtosis | 2.89 |
Other Information on Investing in Oberweis Mutual Fund
Oberweis China financial ratios help investors to determine whether Oberweis 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 Oberweis with respect to the benefits of owning Oberweis China security.
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