Renn Fund Technical Analysis

RCG Stock  USD 2.77  0.07  2.59%   
As of the 26th of November, RENN Fund holds the Semi Deviation of 1.3, risk adjusted performance of 0.2054, and Market Risk Adjusted Performance of 0.6178. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of RENN Fund, as well as the relationship between them. Please check RENN Fund variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if RENN Fund is priced more or less accurately, providing market reflects its current price of 2.77 per share. Please also confirm RENN Fund total risk alpha, which is currently at 0.2484 to check out the company can sustain itself at some point in the future.

RENN Fund Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RENN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RENN
  
RENN Fund'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.
RENN Fund technical stock 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, stock market cycles, or different charting patterns.
A focus of RENN Fund technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of RENN Fund 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...

RENN Fund Technical Analysis

Indicator
Time Period
Execute Indicator
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 RENN Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.

RENN Fund Trend Analysis

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

RENN Fund Best Fit Change Line

The following chart estimates an ordinary least squares regression model for RENN Fund applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that RENN Fund will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3.62, which is the sum of squared deviations for the predicted RENN Fund price change compared to its average price change.

About RENN Fund 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 RENN 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 RENN Fund based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on RENN Fund price pattern first instead of the macroeconomic environment surrounding RENN Fund. By analyzing RENN Fund'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 RENN Fund'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 RENN Fund specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
PTB Ratio0.870.65
Dividend Yield0.0024260.002305

RENN Fund November 26, 2024 Technical Indicators

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

Complementary Tools for RENN Stock analysis

When running RENN Fund's price analysis, check to measure RENN Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RENN Fund is operating at the current time. Most of RENN Fund's value examination focuses on studying past and present price action to predict the probability of RENN Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RENN Fund's price. Additionally, you may evaluate how the addition of RENN Fund to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Transaction History
View history of all your transactions and understand their impact on performance
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data