Predex Funds Fund Technical Analysis
| PRDEX Fund | USD 23.40 0.00 0.00% |
Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Predex Funds, as well as the relationship between them.
Predex Funds Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Predex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PredexPredex |
Predex Funds 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.
Predex Funds Technical Analysis
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. 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 Predex Funds volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Predex Funds Trend Analysis
Use this graph to draw trend lines for Predex Funds. You can use it to identify possible trend reversals for Predex Funds 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 Predex Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Predex Funds Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Predex Funds applied against its price change over selected period. The best fit line has a slop of 0.00 , . It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Predex Funds price change compared to its average price change.About Predex Funds 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 Predex Funds 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 Predex Funds based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Predex Funds price pattern first instead of the macroeconomic environment surrounding Predex Funds. By analyzing Predex Funds'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 Predex Funds'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 Predex Funds specific price patterns or momentum indicators. Please read more on our technical analysis page.
Predex Funds One Year Return
Based on the recorded statements, Predex Funds has an One Year Return of -9.6055%. This is 1051.04% lower than that of the family and notably lower than that of the One Year Return category. The one year return for all United States funds is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Other Information on Investing in Predex Mutual Fund
Predex Funds financial ratios help investors to determine whether Predex 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 Predex with respect to the benefits of owning Predex Funds security.
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