Al Frank Fund Technical Analysis
| VALAX Fund | USD 25.86 0.11 0.43% |
As of the 18th of April 2024, Al Frank owns the Coefficient Of Variation of 1149.56, standard deviation of 0.7238, and Market Risk Adjusted Performance of (1.60). Concerning fundamental indicators, the technical analysis model gives you tools to check potential technical drivers of Al Frank Fund, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Al Frank, which can be compared to its peers in the sector. Please confirm Al Frank Fund coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Al Frank Fund is priced adequately, providing market reflects its prevailing price of 25.86 per share.
Al Frank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VALAX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VALAXVALAX |
Al Frank 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.
Al Frank Fund 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 Al Frank Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Al Frank Fund Trend Analysis
Use this graph to draw trend lines for Al Frank Fund. You can use it to identify possible trend reversals for Al Frank 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 Al Frank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Al Frank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Al Frank Fund applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Al Frank Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 32.13, which is the sum of squared deviations for the predicted Al Frank price change compared to its average price change.About Al Frank 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 Al Frank Fund 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 Al Frank Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Al Frank Fund price pattern first instead of the macroeconomic environment surrounding Al Frank Fund. By analyzing Al Frank'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 Al Frank'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 Al Frank specific price patterns or momentum indicators. Please read more on our technical analysis page.
Al Frank April 18, 2024 Technical Indicators
Most technical analysis of VALAX 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 VALAX from various momentum indicators to cycle indicators. When you analyze VALAX 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 | 0.0561 | |||
| Market Risk Adjusted Performance | (1.60) | |||
| Mean Deviation | 0.5508 | |||
| Semi Deviation | 0.7509 | |||
| Downside Deviation | 0.875 | |||
| Coefficient Of Variation | 1149.56 | |||
| Standard Deviation | 0.7238 | |||
| Variance | 0.5239 | |||
| Information Ratio | 0.0103 | |||
| Jensen Alpha | 0.0545 | |||
| Total Risk Alpha | 7.0E-4 | |||
| Sortino Ratio | 0.0086 | |||
| Treynor Ratio | (1.61) | |||
| Maximum Drawdown | 3.45 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.11 | |||
| Downside Variance | 0.7657 | |||
| Semi Variance | 0.5638 | |||
| Expected Short fall | (0.54) | |||
| Skewness | (0.55) | |||
| Kurtosis | 0.5477 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Al Frank Fund. 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 nation. Note that the Al Frank Fund information on this page should be used as a complementary analysis to other Al Frank'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.