Ab Minnesota Portfolio Fund Technical Analysis
| AMNAX Fund | USD 9.39 0.01 0.11% |
As of the 19th of April, Ab Minnesota owns the Market Risk Adjusted Performance of 3.24, information ratio of (0.46), and Variance of 0.0374. Ab Minnesota Portfolio technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Ab Minnesota, which can be compared to its peers in the sector. Please confirm Ab Minnesota Portfolio risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Ab Minnesota Portfolio is priced adequately, providing market reflects its prevailing price of 9.39 per share.
Ab Minnesota Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AMNAX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AMNAXAMNAX |
Ab Minnesota 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.
Ab Minnesota Portfolio Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Ab Minnesota Portfolio volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ab Minnesota Portfolio Trend Analysis
Use this graph to draw trend lines for Ab Minnesota Portfolio. You can use it to identify possible trend reversals for Ab Minnesota 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 Ab Minnesota price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ab Minnesota Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ab Minnesota Portfolio applied against its price change over selected period. The best fit line has a slop of 0.0005 , which may suggest that Ab Minnesota Portfolio market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Ab Minnesota price change compared to its average price change.About Ab Minnesota 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 Ab Minnesota Portfolio 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 Ab Minnesota Portfolio based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Ab Minnesota Portfolio price pattern first instead of the macroeconomic environment surrounding Ab Minnesota Portfolio. By analyzing Ab Minnesota'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 Ab Minnesota'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 Ab Minnesota specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ab Minnesota April 19, 2024 Technical Indicators
Most technical analysis of AMNAX 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 AMNAX from various momentum indicators to cycle indicators. When you analyze AMNAX 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 | (0.09) | |||
| Market Risk Adjusted Performance | 3.24 | |||
| Mean Deviation | 0.146 | |||
| Coefficient Of Variation | (936.23) | |||
| Standard Deviation | 0.1933 | |||
| Variance | 0.0374 | |||
| Information Ratio | (0.46) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 3.23 | |||
| Maximum Drawdown | 1.06 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.2128 | |||
| Skewness | (0.19) | |||
| Kurtosis | 0.7541 |
Ab Minnesota Portfolio One Year Return
Based on the recorded statements, Ab Minnesota Portfolio has an One Year Return of 0.0535%. This is 101.77% lower than that of the AllianceBernstein family and significantly higher than that of the Muni Minnesota category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ab Minnesota Portfolio. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Ab Minnesota Portfolio information on this page should be used as a complementary analysis to other Ab Minnesota's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.