BB Renda (Brazil) Technical Analysis
| RNDP11 Fund | BRL 94.90 0.42 0.44% |
As of the 23rd of April, BB Renda owns the Market Risk Adjusted Performance of (0.68), variance of 18.97, and Information Ratio of (0.12). In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of BB Renda de, 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 interpolate thirteen technical drivers for BB Renda, which can be compared to its peers in the sector. Please confirm BB Renda de coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if BB Renda de is priced fairly, providing market reflects its prevailing price of 94.9 per share.
BB Renda Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RNDP11, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RNDP11RNDP11 |
BB Renda 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.
BB Renda de Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 BB Renda de volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BB Renda de Trend Analysis
Use this graph to draw trend lines for BB Renda de. You can use it to identify possible trend reversals for BB Renda 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 BB Renda price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BB Renda Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BB Renda de applied against its price change over selected period. The best fit line has a slop of 0.35 , which may suggest that BB Renda de market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4507.68, which is the sum of squared deviations for the predicted BB Renda price change compared to its average price change.About BB Renda 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 BB Renda de 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 BB Renda de based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on BB Renda de price pattern first instead of the macroeconomic environment surrounding BB Renda de. By analyzing BB Renda'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 BB Renda'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 BB Renda specific price patterns or momentum indicators. Please read more on our technical analysis page.
BB Renda April 23, 2024 Technical Indicators
Most technical analysis of RNDP11 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 RNDP11 from various momentum indicators to cycle indicators. When you analyze RNDP11 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.68) | |||
| Mean Deviation | 2.45 | |||
| Coefficient Of Variation | (985.06) | |||
| Standard Deviation | 4.35 | |||
| Variance | 18.97 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (1.01) | |||
| Treynor Ratio | (0.69) | |||
| Maximum Drawdown | 30.46 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 4.61 | |||
| Skewness | (0.32) | |||
| Kurtosis | 7.63 |
BB Renda April 23, 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 RNDP11 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 | 0.35 | ||
| Daily Balance Of Power | 0.09 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 94.42 | ||
| Day Typical Price | 94.58 | ||
| Price Action Indicator | 0.70 | ||
| Market Facilitation Index | 0.69 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in BB Renda de. 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.