Bright Rock Mid Fund Technical Analysis

BQMGX Fund  USD 25.08  0.10  0.40%   
As of the 29th of March, Bright Rock shows the Downside Deviation of 0.7214, risk adjusted performance of 0.1254, and Mean Deviation of 0.5201. Bright Rock Mid technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Bright Rock Mid, which can be compared to its rivals. Please confirm Bright Rock Mid semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Bright Rock Mid is priced correctly, providing market reflects its regular price of 25.08 per share.

Bright Rock Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bright, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Bright
  
Bright Rock's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Bright Rock 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.
A focus of Bright Rock technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bright Rock trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Bright Rock Mid Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Bright Rock Mid volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bright Rock Mid Trend Analysis

Use this graph to draw trend lines for Bright Rock Mid. You can use it to identify possible trend reversals for Bright Rock 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 Bright Rock price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Bright Rock Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bright Rock Mid applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Bright Rock Mid will continue generating value for investors. It has 122 observation points and a regression sum of squares at 87.8, which is the sum of squared deviations for the predicted Bright Rock price change compared to its average price change.

About Bright Rock 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 Bright Rock Mid 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 Bright Rock Mid based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Bright Rock Mid price pattern first instead of the macroeconomic environment surrounding Bright Rock Mid. By analyzing Bright Rock'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 Bright Rock'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 Bright Rock specific price patterns or momentum indicators. Please read more on our technical analysis page.

Bright Rock March 29, 2024 Technical Indicators

Most technical analysis of Bright 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 Bright from various momentum indicators to cycle indicators. When you analyze Bright 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bright Rock Mid. 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 price.
Note that the Bright Rock Mid information on this page should be used as a complementary analysis to other Bright Rock'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Bright Mutual Fund analysis

When running Bright Rock's price analysis, check to measure Bright Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bright Rock is operating at the current time. Most of Bright Rock's value examination focuses on studying past and present price action to predict the probability of Bright Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Rock's price. Additionally, you may evaluate how the addition of Bright Rock to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Bright Rock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bright Rock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bright Rock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.