Absolute Strategies Fund Technical Analysis

ASFIXDelisted Fund  USD 5.97  0.00  0.00%   
As of the 26th of December, Absolute Strategies shows the Mean Deviation of 0.3488, standard deviation of 0.4718, and Risk Adjusted Performance of (0.09). Absolute Strategies technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.

Absolute Strategies Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Absolute, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Absolute
  
Absolute Strategies' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Absolute Strategies 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.
A focus of Absolute Strategies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Absolute Strategies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Absolute Strategies Technical Analysis

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Absolute Strategies Trend Analysis

Use this graph to draw trend lines for Absolute Strategies Fund. You can use it to identify possible trend reversals for Absolute Strategies 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 Absolute Strategies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Absolute Strategies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Absolute Strategies Fund applied against its price change over selected period. The best fit line has a slop of   0.0026  , which may suggest that Absolute Strategies Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.26, which is the sum of squared deviations for the predicted Absolute Strategies price change compared to its average price change.

About Absolute Strategies 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 Absolute Strategies Fund 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 Absolute Strategies Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Absolute Strategies price pattern first instead of the macroeconomic environment surrounding Absolute Strategies. By analyzing Absolute Strategies'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 Absolute Strategies'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 Absolute Strategies specific price patterns or momentum indicators. Please read more on our technical analysis page.

Absolute Strategies December 26, 2024 Technical Indicators

Most technical analysis of Absolute 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 Absolute from various momentum indicators to cycle indicators. When you analyze Absolute 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Consideration for investing in Absolute Mutual Fund

If you are still planning to invest in Absolute Strategies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Absolute Strategies' history and understand the potential risks before investing.
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