Technology Portfolio Technology Fund Technical Analysis
FSPTX Fund | USD 32.43 0.04 0.12% |
As of the 28th of March, Technology Portfolio has the Coefficient Of Variation of 563.57, semi deviation of 0.9432, and Risk Adjusted Performance of 0.1042. Technology Portfolio technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the fund's future prices. 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 interpolate and analyze data for nineteen technical drivers for Technology Portfolio Technology, which can be compared to its competition. Please validate Technology Portfolio market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Technology Portfolio is priced more or less accurately, providing market reflects its prevalent price of 32.43 per share.
Technology Portfolio Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Technology, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TechnologyTechnology |
Technology Portfolio 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.
Technology Portfolio 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 Technology Portfolio volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technology Portfolio Trend Analysis
Use this graph to draw trend lines for Technology Portfolio Technology. You can use it to identify possible trend reversals for Technology Portfolio 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 Technology Portfolio price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Technology Portfolio Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Technology Portfolio Technology applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Technology Portfolio Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 251.61, which is the sum of squared deviations for the predicted Technology Portfolio price change compared to its average price change.About Technology Portfolio 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 Technology Portfolio Technology 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 Technology Portfolio Technology based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Technology Portfolio price pattern first instead of the macroeconomic environment surrounding Technology Portfolio. By analyzing Technology Portfolio'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 Technology Portfolio'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 Technology Portfolio specific price patterns or momentum indicators. Please read more on our technical analysis page.
Technology Portfolio March 28, 2024 Technical Indicators
Most technical analysis of Technology 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 Technology from various momentum indicators to cycle indicators. When you analyze Technology 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 | 0.1042 | |||
Market Risk Adjusted Performance | 2.61 | |||
Mean Deviation | 0.9865 | |||
Semi Deviation | 0.9432 | |||
Downside Deviation | 1.19 | |||
Coefficient Of Variation | 563.57 | |||
Standard Deviation | 1.28 | |||
Variance | 1.64 | |||
Information Ratio | 0.0726 | |||
Jensen Alpha | 0.207 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | 0.078 | |||
Treynor Ratio | 2.6 | |||
Maximum Drawdown | 6.12 | |||
Value At Risk | (2.13) | |||
Potential Upside | 2.26 | |||
Downside Variance | 1.42 | |||
Semi Variance | 0.8896 | |||
Expected Short fall | (1.09) | |||
Skewness | 0.2454 | |||
Kurtosis | 0.4689 |
Technology Portfolio One Year Return
Based on the recorded statements, Technology Portfolio Technology has an One Year Return of 53%. This is much higher than that of the Fidelity Investments family and significantly higher than that of the Technology category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Technology Portfolio March 28, 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 Technology 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 | 32.43 | ||
Day Typical Price | 32.43 | ||
Price Action Indicator | 0.02 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Technology Portfolio Technology. 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 estimate. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Technology Mutual Fund analysis
When running Technology Portfolio's price analysis, check to measure Technology Portfolio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Technology Portfolio is operating at the current time. Most of Technology Portfolio's value examination focuses on studying past and present price action to predict the probability of Technology Portfolio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Technology Portfolio's price. Additionally, you may evaluate how the addition of Technology Portfolio to your portfolios can decrease your overall portfolio volatility.
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