Royce Global Financial Fund Momentum Indicators Average Directional Movement Index Rating
| RGFIX Fund | USD 6.52 0.00 0.00% |
| Symbol |
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was thirty-four with a total number of output elements of twenty-seven. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Royce Global Financial is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Royce Global ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.
Royce Global Technical Analysis Modules
Most technical analysis of Royce Global 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 Royce from various momentum indicators to cycle indicators. When you analyze Royce charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
About Royce Global Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Royce Global Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Royce Global Financial based on widely used predictive technical indicators. In general, we focus on analyzing Royce Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Royce Global's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Royce Global's intrinsic value. In addition to deriving basic predictive indicators for Royce Global, we also check how macroeconomic factors affect Royce Global price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Learn to be your own money manager
As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
Run Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
Royce Global Financial pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Royce Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Royce Global will appreciate offsetting losses from the drop in the long position's value.Royce Global Pair Trading
Royce Global Financial Pair Trading Analysis
The ability to find closely correlated positions to Royce Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Royce Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Royce Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Royce Global Financial to buy it.
The correlation of Royce Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Royce Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Royce Global Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Royce Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Royce Mutual Fund
Royce Global financial ratios help investors to determine whether Royce Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Royce with respect to the benefits of owning Royce Global security.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |