Kinea High (Brazil) Technical Analysis
| KNHY11 Fund | BRL 106.05 0.12 0.11% |
As of the 25th of April, Kinea High secures the Mean Deviation of 0.2911, downside deviation of 0.3704, and Risk Adjusted Performance of 0.0188. Our technical analysis interface lets you check existing technical drivers of Kinea High Yield, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Kinea High, which can be compared to its peers in the industry. Please verify Kinea High Yield value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Kinea High Yield is priced some-what accurately, providing market reflects its recent price of 106.05 per share.
Kinea High Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kinea, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KineaKinea |
Kinea High technical 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.
Kinea High Yield Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. 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 Kinea High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Kinea High Yield Trend Analysis
Use this graph to draw trend lines for Kinea High Yield. You can use it to identify possible trend reversals for Kinea High 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 Kinea High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kinea High Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kinea High Yield applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Kinea High Yield will continue generating value for investors. It has 122 observation points and a regression sum of squares at 27.26, which is the sum of squared deviations for the predicted Kinea High price change compared to its average price change.About Kinea High 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 Kinea High Yield 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 Kinea High Yield based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Kinea High Yield price pattern first instead of the macroeconomic environment surrounding Kinea High Yield. By analyzing Kinea High'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 Kinea High'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 Kinea High specific price patterns or momentum indicators. Please read more on our technical analysis page.
Kinea High April 25, 2024 Technical Indicators
Most technical analysis of Kinea 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 Kinea from various momentum indicators to cycle indicators. When you analyze Kinea 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.
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| Math Transform | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0188 | |||
| Market Risk Adjusted Performance | 0.5152 | |||
| Mean Deviation | 0.2911 | |||
| Semi Deviation | 0.3347 | |||
| Downside Deviation | 0.3704 | |||
| Coefficient Of Variation | 2529.7 | |||
| Standard Deviation | 0.3923 | |||
| Variance | 0.1539 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | 0.0047 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | 0.5052 | |||
| Maximum Drawdown | 1.91 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.6288 | |||
| Downside Variance | 0.1372 | |||
| Semi Variance | 0.112 | |||
| Expected Short fall | (0.30) | |||
| Skewness | 0.4974 | |||
| Kurtosis | 2.02 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinea High Yield. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Please note, there is a significant difference between Kinea High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinea High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinea High'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.