Dow 2x Strategy Fund Technical Analysis
| RYCVX Fund | USD 181.14 1.12 0.62% |
As of the 22nd of November, Dow 2x shows the Downside Deviation of 1.27, mean deviation of 1.08, and Coefficient Of Variation of 854.6. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Dow 2x, as well as the relationship between them.
Dow 2x Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dow, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DowDow |
Dow 2x 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.
Dow 2x Strategy 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 Dow 2x Strategy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Dow 2x Strategy Trend Analysis
Use this graph to draw trend lines for Dow 2x Strategy. You can use it to identify possible trend reversals for Dow 2x 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 Dow 2x price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dow 2x Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dow 2x Strategy applied against its price change over selected period. The best fit line has a slop of 0.32 , which means Dow 2x Strategy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3886.59, which is the sum of squared deviations for the predicted Dow 2x price change compared to its average price change.About Dow 2x 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 Dow 2x Strategy 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 Dow 2x Strategy based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Dow 2x Strategy price pattern first instead of the macroeconomic environment surrounding Dow 2x Strategy. By analyzing Dow 2x'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 Dow 2x'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 Dow 2x specific price patterns or momentum indicators. Please read more on our technical analysis page.
Dow 2x November 22, 2024 Technical Indicators
Most technical analysis of Dow 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 Dow from various momentum indicators to cycle indicators. When you analyze Dow 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 | 0.0942 | |||
| Market Risk Adjusted Performance | (1.76) | |||
| Mean Deviation | 1.08 | |||
| Semi Deviation | 1.06 | |||
| Downside Deviation | 1.27 | |||
| Coefficient Of Variation | 854.6 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.25 | |||
| Information Ratio | 0.044 | |||
| Jensen Alpha | 0.1748 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0518 | |||
| Treynor Ratio | (1.77) | |||
| Maximum Drawdown | 8.81 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.17 | |||
| Downside Variance | 1.62 | |||
| Semi Variance | 1.12 | |||
| Expected Short fall | (1.16) | |||
| Skewness | 1.39 | |||
| Kurtosis | 5.86 |
Other Information on Investing in Dow Mutual Fund
Dow 2x financial ratios help investors to determine whether Dow 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 Dow with respect to the benefits of owning Dow 2x security.
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