Westcore Municipal Opportunities Fund Technical Analysis
| WTTAX Fund | USD 9.65 0.01 0.10% |
As of the 24th of November, Westcore Municipal maintains the Downside Deviation of 0.2288, mean deviation of 0.1087, and Market Risk Adjusted Performance of 0.1297. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Westcore Municipal Opportunities, as well as the relationship between them.
Westcore Municipal Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Westcore, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WestcoreWestcore |
Westcore Municipal 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.
Westcore Municipal 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 Westcore Municipal volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Westcore Municipal Trend Analysis
Use this graph to draw trend lines for Westcore Municipal Opportunities. You can use it to identify possible trend reversals for Westcore Municipal 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 Westcore Municipal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Westcore Municipal Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Westcore Municipal Opportunities applied against its price change over selected period. The best fit line has a slop of 0.0017 , which may suggest that Westcore Municipal Opportunities market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.11, which is the sum of squared deviations for the predicted Westcore Municipal price change compared to its average price change.About Westcore Municipal 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 Westcore Municipal Opportunities 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 Westcore Municipal Opportunities based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Westcore Municipal price pattern first instead of the macroeconomic environment surrounding Westcore Municipal. By analyzing Westcore Municipal'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 Westcore Municipal'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 Westcore Municipal specific price patterns or momentum indicators. Please read more on our technical analysis page.
Westcore Municipal November 24, 2024 Technical Indicators
Most technical analysis of Westcore 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 Westcore from various momentum indicators to cycle indicators. When you analyze Westcore 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 | (0.03) | |||
| Market Risk Adjusted Performance | 0.1297 | |||
| Mean Deviation | 0.1087 | |||
| Semi Deviation | 0.1484 | |||
| Downside Deviation | 0.2288 | |||
| Coefficient Of Variation | 10005.1 | |||
| Standard Deviation | 0.1717 | |||
| Variance | 0.0295 | |||
| Information Ratio | (0.75) | |||
| Jensen Alpha | 1.0E-4 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.56) | |||
| Treynor Ratio | 0.1197 | |||
| Maximum Drawdown | 1.04 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.308 | |||
| Downside Variance | 0.0523 | |||
| Semi Variance | 0.022 | |||
| Expected Short fall | (0.17) | |||
| Skewness | (0.77) | |||
| Kurtosis | 5.22 |
Other Information on Investing in Westcore Mutual Fund
Westcore Municipal financial ratios help investors to determine whether Westcore 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 Westcore with respect to the benefits of owning Westcore Municipal security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |