Massachusetts Investors Trust Fund Technical Analysis
| MITGX Fund | USD 32.58 0.10 0.31% |
As of the 20th of April, Massachusetts Investors secures the Downside Deviation of 0.7049, risk adjusted performance of 0.0731, and Mean Deviation of 0.5341. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Massachusetts Investors, 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 analyze and collect data for nineteen technical drivers for Massachusetts Investors, which can be compared to its peers in the industry. Please verify Massachusetts Investors information ratio and downside variance to decide if Massachusetts Investors Trust is priced some-what accurately, providing market reflects its recent price of 32.58 per share.
Massachusetts Investors Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Massachusetts, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MassachusettsMassachusetts |
Massachusetts Investors 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.
Massachusetts Investors Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Massachusetts Investors volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Massachusetts Investors Trend Analysis
Use this graph to draw trend lines for Massachusetts Investors Trust. You can use it to identify possible trend reversals for Massachusetts Investors 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 Massachusetts Investors price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Massachusetts Investors Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Massachusetts Investors Trust applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Massachusetts Investors Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 39.88, which is the sum of squared deviations for the predicted Massachusetts Investors price change compared to its average price change.About Massachusetts Investors 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 Massachusetts Investors Trust 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 Massachusetts Investors Trust based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Massachusetts Investors price pattern first instead of the macroeconomic environment surrounding Massachusetts Investors. By analyzing Massachusetts Investors'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 Massachusetts Investors'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 Massachusetts Investors specific price patterns or momentum indicators. Please read more on our technical analysis page.
Massachusetts Investors April 20, 2024 Technical Indicators
Most technical analysis of Massachusetts 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 Massachusetts from various momentum indicators to cycle indicators. When you analyze Massachusetts 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 | 0.0731 | |||
| Market Risk Adjusted Performance | 2.89 | |||
| Mean Deviation | 0.5341 | |||
| Semi Deviation | 0.5806 | |||
| Downside Deviation | 0.7049 | |||
| Coefficient Of Variation | 852.11 | |||
| Standard Deviation | 0.7002 | |||
| Variance | 0.4903 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0703 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 2.88 | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.16 | |||
| Downside Variance | 0.4968 | |||
| Semi Variance | 0.3371 | |||
| Expected Short fall | (0.58) | |||
| Skewness | (0.14) | |||
| Kurtosis | 0.5584 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Massachusetts Investors Trust. 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 Massachusetts Investors information on this page should be used as a complementary analysis to other Massachusetts Investors' 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.