American High Income Municipal Fund Statistic Functions Beta

AMHIX Fund  USD 15.57  0.03  0.19%   
American High-income statistic functions tool provides the execution environment for running the Beta function and other technical functions against American High-income. American High-income value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. American High-income statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on American High Income correlated with the market. If Beta is less than 0 American High-income generally moves in the opposite direction as compared to the market. If American High-income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one American High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of American High-income is generally in the same direction as the market. If Beta > 1 American High-income moves generally in the same direction as, but more than the movement of the benchmark.

American High-income Technical Analysis Modules

Most technical analysis of American High-income 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 American from various momentum indicators to cycle indicators. When you analyze American 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.

About American High-income 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 American High Income Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of American High Income Municipal based on widely used predictive technical indicators. In general, we focus on analyzing American Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build American High-income's daily price indicators and compare them against related drivers, such as statistic functions 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 American High-income's intrinsic value. In addition to deriving basic predictive indicators for American High-income, we also check how macroeconomic factors affect American High-income price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
15.3115.5715.83
Details
Intrinsic
Valuation
LowRealHigh
14.7314.9917.13
Details
Naive
Forecast
LowNextHigh
15.2915.5515.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.3815.4915.60
Details

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Other Information on Investing in American Mutual Fund

American High-income financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American High-income security.
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