Wasatch Strategic Income Fund Technical Analysis
| WASIX Fund | USD 11.66 0.12 1.04% |
As of the 2nd of December, Wasatch Strategic maintains the Mean Deviation of 0.483, downside deviation of 0.7157, and Market Risk Adjusted Performance of 0.031. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wasatch Strategic Income, as well as the relationship between them.
Wasatch 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 Wasatch, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WasatchWasatch |
Wasatch 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.
Wasatch Strategic Income 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 Wasatch Strategic Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wasatch Strategic Income Trend Analysis
Use this graph to draw trend lines for Wasatch Strategic Income. You can use it to identify possible trend reversals for Wasatch 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 Wasatch Strategic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wasatch Strategic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wasatch Strategic Income applied against its price change over selected period. The best fit line has a slop of 0.0042 , which may suggest that Wasatch Strategic Income market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.67, which is the sum of squared deviations for the predicted Wasatch Strategic price change compared to its average price change.About Wasatch 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 Wasatch 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 Wasatch Strategic Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Wasatch Strategic Income price pattern first instead of the macroeconomic environment surrounding Wasatch Strategic Income. By analyzing Wasatch 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 Wasatch 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 Wasatch Strategic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wasatch Strategic December 2, 2024 Technical Indicators
Most technical analysis of Wasatch 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 Wasatch from various momentum indicators to cycle indicators. When you analyze Wasatch 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 | 0.0161 | |||
| Market Risk Adjusted Performance | 0.031 | |||
| Mean Deviation | 0.483 | |||
| Semi Deviation | 0.6255 | |||
| Downside Deviation | 0.7157 | |||
| Coefficient Of Variation | 4215.15 | |||
| Standard Deviation | 0.6336 | |||
| Variance | 0.4014 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.021 | |||
| Maximum Drawdown | 2.94 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 0.7979 | |||
| Downside Variance | 0.5122 | |||
| Semi Variance | 0.3913 | |||
| Expected Short fall | (0.53) | |||
| Skewness | (0.37) | |||
| Kurtosis | 0.5136 |
Other Information on Investing in Wasatch Mutual Fund
Wasatch Strategic financial ratios help investors to determine whether Wasatch 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 Wasatch with respect to the benefits of owning Wasatch Strategic security.
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