Redwood Alphafactor Tactical Fund Technical Analysis
| RWINX Fund | USD 14.39 0.10 0.69% |
As of the 27th of November, Redwood Alphafactor holds the Variance of 0.5802, coefficient of variation of (1,412), and Risk Adjusted Performance of (0.05). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Redwood Alphafactor, as well as the relationship between them.
Redwood Alphafactor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Redwood, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RedwoodRedwood |
Redwood Alphafactor 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.
Redwood Alphafactor Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-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 Redwood Alphafactor volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Redwood Alphafactor Trend Analysis
Use this graph to draw trend lines for Redwood Alphafactor Tactical. You can use it to identify possible trend reversals for Redwood Alphafactor 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 Redwood Alphafactor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Redwood Alphafactor Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Redwood Alphafactor Tactical applied against its price change over selected period. The best fit line has a slop of 0.0038 , which may suggest that Redwood Alphafactor Tactical market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.55, which is the sum of squared deviations for the predicted Redwood Alphafactor price change compared to its average price change.About Redwood Alphafactor 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 Redwood Alphafactor Tactical 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 Redwood Alphafactor Tactical based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Redwood Alphafactor price pattern first instead of the macroeconomic environment surrounding Redwood Alphafactor. By analyzing Redwood Alphafactor'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 Redwood Alphafactor'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 Redwood Alphafactor specific price patterns or momentum indicators. Please read more on our technical analysis page.
Redwood Alphafactor November 27, 2024 Technical Indicators
Most technical analysis of Redwood 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 Redwood from various momentum indicators to cycle indicators. When you analyze Redwood 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.26) | |||
| Mean Deviation | 0.5781 | |||
| Coefficient Of Variation | (1,412) | |||
| Standard Deviation | 0.7617 | |||
| Variance | 0.5802 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.27) | |||
| Maximum Drawdown | 3.29 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.5 | |||
| Skewness | 0.5498 | |||
| Kurtosis | 0.321 |
Other Information on Investing in Redwood Mutual Fund
Redwood Alphafactor financial ratios help investors to determine whether Redwood 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 Redwood with respect to the benefits of owning Redwood Alphafactor security.
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