Summit Global Investments Fund Technical Analysis
SGICX Fund | USD 18.49 0.01 0.05% |
As of the 25th of April, Summit Global has the Coefficient Of Variation of 1094.65, risk adjusted performance of 0.0557, and Semi Deviation of 0.5349. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Summit Global Investments, as well as the relationship between them. In other words, you can use this information to find out if the fund will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Summit Global Investments, which can be compared to its competition. Please validate Summit Global Investments standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Summit Global is priced more or less accurately, providing market reflects its prevalent price of 18.49 per share.
Summit Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Summit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SummitSummit |
Summit Global 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.
Summit Global Investments Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Summit Global Investments volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Summit Global Investments Trend Analysis
Use this graph to draw trend lines for Summit Global Investments. You can use it to identify possible trend reversals for Summit Global 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 Summit Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Summit Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Summit Global Investments applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Summit Global Investments will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.8, which is the sum of squared deviations for the predicted Summit Global price change compared to its average price change.About Summit Global 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 Summit Global Investments 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 Summit Global Investments based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Summit Global Investments price pattern first instead of the macroeconomic environment surrounding Summit Global Investments. By analyzing Summit Global'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 Summit Global'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 Summit Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Summit Global April 25, 2024 Technical Indicators
Most technical analysis of Summit 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 Summit from various momentum indicators to cycle indicators. When you analyze Summit 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 | 0.0557 | |||
Market Risk Adjusted Performance | 0.0619 | |||
Mean Deviation | 0.4304 | |||
Semi Deviation | 0.5349 | |||
Downside Deviation | 0.6266 | |||
Coefficient Of Variation | 1094.65 | |||
Standard Deviation | 0.5543 | |||
Variance | 0.3072 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 0.0519 | |||
Maximum Drawdown | 2.17 | |||
Value At Risk | (1.00) | |||
Potential Upside | 0.8854 | |||
Downside Variance | 0.3926 | |||
Semi Variance | 0.2861 | |||
Expected Short fall | (0.45) | |||
Skewness | (0.41) | |||
Kurtosis | (0.38) |
Summit Global April 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Summit stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | (Huge) | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 18.49 | ||
Day Typical Price | 18.49 | ||
Price Action Indicator | (0.01) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Global Investments. 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 main economic indicators. Note that the Summit Global Investments information on this page should be used as a complementary analysis to other Summit Global'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 Valuation module to check real value of public entities based on technical and fundamental data.