Weitz Balanced Fund Technical Analysis
| WBAIX Fund | USD 17.99 0.04 0.22% |
As of the 30th of November, Weitz Balanced maintains the Market Risk Adjusted Performance of 0.1051, mean deviation of 0.2422, and Downside Deviation of 0.3148. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Weitz Balanced, as well as the relationship between them.
Weitz Balanced Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Weitz, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WeitzWeitz |
Weitz Balanced 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.
Weitz Balanced Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Weitz Balanced volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Weitz Balanced Trend Analysis
Use this graph to draw trend lines for Weitz Balanced. You can use it to identify possible trend reversals for Weitz Balanced 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 Weitz Balanced price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Weitz Balanced Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Weitz Balanced applied against its price change over selected period. The best fit line has a slop of 0 , which means Weitz Balanced will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.66, which is the sum of squared deviations for the predicted Weitz Balanced price change compared to its average price change.About Weitz Balanced 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 Weitz Balanced 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 Weitz Balanced based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Weitz Balanced price pattern first instead of the macroeconomic environment surrounding Weitz Balanced. By analyzing Weitz Balanced'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 Weitz Balanced'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 Weitz Balanced specific price patterns or momentum indicators. Please read more on our technical analysis page.
Weitz Balanced November 30, 2024 Technical Indicators
Most technical analysis of Weitz 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 Weitz from various momentum indicators to cycle indicators. When you analyze Weitz 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 | 0.085 | |||
| Market Risk Adjusted Performance | 0.1051 | |||
| Mean Deviation | 0.2422 | |||
| Semi Deviation | 0.1815 | |||
| Downside Deviation | 0.3148 | |||
| Coefficient Of Variation | 778.37 | |||
| Standard Deviation | 0.3299 | |||
| Variance | 0.1088 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.0951 | |||
| Maximum Drawdown | 1.8 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.678 | |||
| Downside Variance | 0.0991 | |||
| Semi Variance | 0.033 | |||
| Expected Short fall | (0.28) | |||
| Skewness | 0.7416 | |||
| Kurtosis | 1.77 |
Other Information on Investing in Weitz Mutual Fund
Weitz Balanced financial ratios help investors to determine whether Weitz 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 Weitz with respect to the benefits of owning Weitz Balanced security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |