Sierra Strategic Income Fund Technical Analysis
| SSIIX Fund | USD 20.25 0.03 0.15% |
As of the 24th of November, Sierra Strategic has the Risk Adjusted Performance of (0.02), semi deviation of 0.1684, and Coefficient Of Variation of 4582.27. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sierra Strategic Income, as well as the relationship between them.
Sierra Strategic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sierra, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SierraSierra |
Sierra Strategic 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.
Sierra Strategic Income 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 Sierra Strategic Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sierra Strategic Income Trend Analysis
Use this graph to draw trend lines for Sierra Strategic Income. You can use it to identify possible trend reversals for Sierra Strategic 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 Sierra Strategic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sierra Strategic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sierra Strategic Income applied against its price change over selected period. The best fit line has a slop of 0.0051 , which may suggest that Sierra Strategic Income market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.99, which is the sum of squared deviations for the predicted Sierra Strategic price change compared to its average price change.About Sierra Strategic 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 Sierra Strategic Income 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 Sierra Strategic Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Sierra Strategic Income price pattern first instead of the macroeconomic environment surrounding Sierra Strategic Income. By analyzing Sierra Strategic'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 Sierra Strategic'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 Sierra Strategic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sierra Strategic November 24, 2024 Technical Indicators
Most technical analysis of Sierra 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 Sierra from various momentum indicators to cycle indicators. When you analyze Sierra 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.08) | |||
| Mean Deviation | 0.1382 | |||
| Semi Deviation | 0.1684 | |||
| Downside Deviation | 0.2099 | |||
| Coefficient Of Variation | 4582.27 | |||
| Standard Deviation | 0.1789 | |||
| Variance | 0.032 | |||
| Information Ratio | (0.71) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.60) | |||
| Treynor Ratio | (0.09) | |||
| Maximum Drawdown | 0.8368 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.293 | |||
| Downside Variance | 0.044 | |||
| Semi Variance | 0.0284 | |||
| Expected Short fall | (0.15) | |||
| Skewness | (0.28) | |||
| Kurtosis | 0.0616 |
Other Information on Investing in Sierra Mutual Fund
Sierra Strategic financial ratios help investors to determine whether Sierra 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 Sierra with respect to the benefits of owning Sierra Strategic security.
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