The Community Development Fund Technical Analysis
| CDCDX Fund | USD 8.69 0.02 0.23% |
As of the 19th of April, Community Development shows the Mean Deviation of 0.1808, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,965). The Community Development 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 break down thirteen technical drivers for The Community Development, which can be compared to its peers. Please confirm The Community Development market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if The Community Development is priced correctly, providing market reflects its regular price of 8.69 per share.
Community Development Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Community, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CommunityCommunity |
Community Development 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.
The Community Development Technical Analysis
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 The Community Development volatility. High ATR values indicate high volatility, and low values indicate low volatility.
The Community Development Trend Analysis
Use this graph to draw trend lines for The Community Development. You can use it to identify possible trend reversals for Community Development 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 Community Development price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Community Development Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The Community Development applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that The Community Development market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Community Development price change compared to its average price change.About Community Development 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 The Community Development 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 The Community Development based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on The Community Development price pattern first instead of the macroeconomic environment surrounding The Community Development. By analyzing Community Development'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 Community Development'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 Community Development specific price patterns or momentum indicators. Please read more on our technical analysis page.
Community Development April 19, 2024 Technical Indicators
Most technical analysis of Community 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 Community from various momentum indicators to cycle indicators. When you analyze Community 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 0.1808 | |||
| Coefficient Of Variation | (1,965) | |||
| Standard Deviation | 0.2336 | |||
| Variance | 0.0546 | |||
| Information Ratio | (0.34) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 1.14 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.2302 | |||
| Skewness | (0.93) | |||
| Kurtosis | 1.17 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Community Development. 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 unemployment. Note that the The Community Development information on this page should be used as a complementary analysis to other Community Development'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.