World Growth Fund Technical Analysis
| USWGX Fund | USD 32.65 0.10 0.31% |
As of the 4th of December, World Growth maintains the Market Risk Adjusted Performance of 0.0786, downside deviation of 0.8184, and Mean Deviation of 0.549. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of World Growth Fund, as well as the relationship between them.
World Growth Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as World, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WorldWorld |
World Growth 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.
World Growth Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 World Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
World Growth Trend Analysis
Use this graph to draw trend lines for World Growth Fund. You can use it to identify possible trend reversals for World Growth 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 World Growth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.World Growth Best Fit Change Line
The following chart estimates an ordinary least squares regression model for World Growth Fund applied against its price change over selected period. The best fit line has a slop of 0.02 , which means World Growth Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.46, which is the sum of squared deviations for the predicted World Growth price change compared to its average price change.About World Growth 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 World Growth 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 World Growth Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on World Growth price pattern first instead of the macroeconomic environment surrounding World Growth. By analyzing World Growth'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 World Growth'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 World Growth specific price patterns or momentum indicators. Please read more on our technical analysis page.
World Growth December 4, 2024 Technical Indicators
Most technical analysis of World 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 World from various momentum indicators to cycle indicators. When you analyze World 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 | 0.0616 | |||
| Market Risk Adjusted Performance | 0.0786 | |||
| Mean Deviation | 0.549 | |||
| Semi Deviation | 0.749 | |||
| Downside Deviation | 0.8184 | |||
| Coefficient Of Variation | 1235.28 | |||
| Standard Deviation | 0.747 | |||
| Variance | 0.558 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0686 | |||
| Maximum Drawdown | 3.54 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.2 | |||
| Downside Variance | 0.6698 | |||
| Semi Variance | 0.5611 | |||
| Expected Short fall | (0.56) | |||
| Skewness | (0.49) | |||
| Kurtosis | 1.77 |
Other Information on Investing in World Mutual Fund
World Growth financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Growth security.
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