Renda De (Brazil) Technical Analysis
| NEWU11 Fund | BRL 79.00 1.99 2.46% |
As of the 13th of December 2024, Renda De holds the Semi Deviation of 2.48, coefficient of variation of 5669.09, and Risk Adjusted Performance of 0.0207. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Renda De, as well as the relationship between them.
Renda De Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Renda, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RendaRenda |
Renda De 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.
Renda de Escritorios Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Renda de Escritorios volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Renda de Escritorios Trend Analysis
Use this graph to draw trend lines for Renda de Escritorios. You can use it to identify possible trend reversals for Renda De 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 Renda De price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Renda De Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Renda de Escritorios applied against its price change over selected period. The best fit line has a slop of 0.07 , which means Renda de Escritorios will continue generating value for investors. It has 122 observation points and a regression sum of squares at 191.78, which is the sum of squared deviations for the predicted Renda De price change compared to its average price change.About Renda De 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 Renda de Escritorios 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 Renda de Escritorios based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Renda de Escritorios price pattern first instead of the macroeconomic environment surrounding Renda de Escritorios. By analyzing Renda De'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 Renda De'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 Renda De specific price patterns or momentum indicators. Please read more on our technical analysis page.
Renda De December 13, 2024 Technical Indicators
Most technical analysis of Renda 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 Renda from various momentum indicators to cycle indicators. When you analyze Renda 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 | 0.0207 | |||
| Market Risk Adjusted Performance | 0.0672 | |||
| Mean Deviation | 1.82 | |||
| Semi Deviation | 2.48 | |||
| Downside Deviation | 2.97 | |||
| Coefficient Of Variation | 5669.09 | |||
| Standard Deviation | 3.52 | |||
| Variance | 12.38 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0572 | |||
| Maximum Drawdown | 21.63 | |||
| Value At Risk | (6.59) | |||
| Potential Upside | 6.6 | |||
| Downside Variance | 8.84 | |||
| Semi Variance | 6.14 | |||
| Expected Short fall | (2.66) | |||
| Skewness | 1.16 | |||
| Kurtosis | 4.99 |
Other Information on Investing in Renda Fund
Renda De financial ratios help investors to determine whether Renda 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 Renda with respect to the benefits of owning Renda De security.
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