Ourinvest Jpp (Brazil) Technical Analysis
| OUJP11 Fund | BRL 95.20 0.27 0.28% |
As of the 18th of April 2024, Ourinvest Jpp holds the Coefficient Of Variation of (3,313), variance of 1.45, and Risk Adjusted Performance of (0.01). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ourinvest Jpp, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Ourinvest Jpp Fundo, which can be compared to its competitors. Please check Ourinvest Jpp Fundo coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Ourinvest Jpp Fundo is priced some-what accurately, providing market reflects its current price of 95.2 per share.
Ourinvest Jpp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ourinvest, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OurinvestOurinvest |
Ourinvest Jpp 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.
Ourinvest Jpp Fundo Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Ourinvest Jpp Fundo volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ourinvest Jpp Fundo Trend Analysis
Use this graph to draw trend lines for Ourinvest Jpp Fundo. You can use it to identify possible trend reversals for Ourinvest Jpp 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 Ourinvest Jpp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ourinvest Jpp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ourinvest Jpp Fundo applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Ourinvest Jpp Fundo market price will keep on failing further. It has 122 observation points and a regression sum of squares at 190.74, which is the sum of squared deviations for the predicted Ourinvest Jpp price change compared to its average price change.About Ourinvest Jpp 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 Ourinvest Jpp Fundo 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 Ourinvest Jpp Fundo based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Ourinvest Jpp Fundo price pattern first instead of the macroeconomic environment surrounding Ourinvest Jpp Fundo. By analyzing Ourinvest Jpp'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 Ourinvest Jpp'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 Ourinvest Jpp specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ourinvest Jpp April 18, 2024 Technical Indicators
Most technical analysis of Ourinvest 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 Ourinvest from various momentum indicators to cycle indicators. When you analyze Ourinvest 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 0.4057 | |||
| Mean Deviation | 0.7384 | |||
| Coefficient Of Variation | (3,313) | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.45 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.3957 | |||
| Maximum Drawdown | 7.9 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.92 | |||
| Skewness | (1.07) | |||
| Kurtosis | 5.32 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ourinvest Jpp Fundo. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.