Multifactor Equity Fund Technical Analysis
| RTDAX Fund | USD 20.54 0.08 0.39% |
As of the 27th of November, Multifactor secures the Downside Deviation of 0.8504, risk adjusted performance of 0.1329, and Mean Deviation of 0.5628. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Multifactor Equity, as well as the relationship between them.
Multifactor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Multifactor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MultifactorMultifactor |
Multifactor 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.
Multifactor Equity Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Multifactor Equity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Multifactor Equity Trend Analysis
Use this graph to draw trend lines for Multifactor Equity Fund. You can use it to identify possible trend reversals for Multifactor 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 Multifactor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Multifactor Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Multifactor Equity Fund applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Multifactor Equity Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 33.57, which is the sum of squared deviations for the predicted Multifactor price change compared to its average price change.About Multifactor 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 Multifactor Equity 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 Multifactor Equity Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Multifactor Equity price pattern first instead of the macroeconomic environment surrounding Multifactor Equity. By analyzing Multifactor'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 Multifactor'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 Multifactor specific price patterns or momentum indicators. Please read more on our technical analysis page.
Multifactor November 27, 2024 Technical Indicators
Most technical analysis of Multifactor 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 Multifactor from various momentum indicators to cycle indicators. When you analyze Multifactor 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 | 0.1329 | |||
| Market Risk Adjusted Performance | 1.75 | |||
| Mean Deviation | 0.5628 | |||
| Semi Deviation | 0.6725 | |||
| Downside Deviation | 0.8504 | |||
| Coefficient Of Variation | 576.69 | |||
| Standard Deviation | 0.792 | |||
| Variance | 0.6272 | |||
| Information Ratio | 0.0087 | |||
| Jensen Alpha | 0.1185 | |||
| Total Risk Alpha | 0.0026 | |||
| Sortino Ratio | 0.0081 | |||
| Treynor Ratio | 1.74 | |||
| Maximum Drawdown | 4.2 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.05 | |||
| Downside Variance | 0.7231 | |||
| Semi Variance | 0.4522 | |||
| Expected Short fall | (0.62) | |||
| Skewness | (0.1) | |||
| Kurtosis | 2.64 |
Multifactor Equity One Year Return
Based on the recorded statements, Multifactor Equity Fund has an One Year Return of 31.9873%. This is 4049.05% lower than that of the Russell family and significantly higher than that of the Large Blend 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 Multifactor Mutual Fund
Multifactor financial ratios help investors to determine whether Multifactor 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 Multifactor with respect to the benefits of owning Multifactor security.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |