Wasatch Ultra Growth Fund Technical Analysis
| WAMCX Fund | USD 30.51 0.13 0.42% |
As of the 18th of April 2024, Wasatch Ultra maintains the Downside Deviation of 1.49, market risk adjusted performance of 0.0088, and Mean Deviation of 1.05. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wasatch Ultra Growth, as well as the relationship between them. Specifically, you can use this information to find out if the fund will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for Wasatch Ultra Growth, which can be compared to its peers. Please check out Wasatch Ultra Growth jensen alpha and downside variance to decide if Wasatch Ultra Growth is priced fairly, providing market reflects its latest price of 30.51 per share.
Wasatch Ultra Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wasatch, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WasatchWasatch |
Wasatch Ultra 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.
Wasatch Ultra Growth Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Wasatch Ultra Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wasatch Ultra Growth Trend Analysis
Use this graph to draw trend lines for Wasatch Ultra Growth. You can use it to identify possible trend reversals for Wasatch Ultra 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 Wasatch Ultra price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wasatch Ultra Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wasatch Ultra Growth applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Wasatch Ultra Growth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.66, which is the sum of squared deviations for the predicted Wasatch Ultra price change compared to its average price change.About Wasatch Ultra 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 Wasatch Ultra Growth 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 Wasatch Ultra Growth based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Wasatch Ultra Growth price pattern first instead of the macroeconomic environment surrounding Wasatch Ultra Growth. By analyzing Wasatch Ultra'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 Wasatch Ultra'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 Wasatch Ultra specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wasatch Ultra April 18, 2024 Technical Indicators
Most technical analysis of Wasatch 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 Wasatch from various momentum indicators to cycle indicators. When you analyze Wasatch 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 | 0.0091 | |||
| Market Risk Adjusted Performance | 0.0088 | |||
| Mean Deviation | 1.05 | |||
| Semi Deviation | 1.42 | |||
| Downside Deviation | 1.49 | |||
| Coefficient Of Variation | 16886.12 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.81 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0) | |||
| Maximum Drawdown | 5.93 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.24 | |||
| Downside Variance | 2.22 | |||
| Semi Variance | 2.01 | |||
| Expected Short fall | (1.06) | |||
| Skewness | (0.38) | |||
| Kurtosis | (0.13) |
Wasatch Ultra April 18, 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 Wasatch 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 | 30.51 | ||
| Day Typical Price | 30.51 | ||
| Price Action Indicator | (0.06) |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wasatch Ultra Growth. 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 Wasatch Ultra Growth information on this page should be used as a complementary analysis to other Wasatch Ultra'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.