Diamond Hill Short Fund Technical Analysis
| DHEYX Fund | USD 9.77 0.01 0.10% |
As of the 19th of April, Diamond Hill shows the Coefficient Of Variation of 317.79, mean deviation of 0.0686, and Downside Deviation of 0.1695. Diamond Hill Short technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated eighteen technical drivers for Diamond Hill Short, which can be compared to its peers. Please confirm Diamond Hill Short risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Diamond Hill Short is priced favorably, providing market reflects its regular price of 9.77 per share.
Diamond Hill Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Diamond, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DiamondDiamond |
Diamond Hill 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.
Diamond Hill Short Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Diamond Hill Short volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Diamond Hill Short Trend Analysis
Use this graph to draw trend lines for Diamond Hill Short. You can use it to identify possible trend reversals for Diamond Hill 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 Diamond Hill price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Diamond Hill Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Diamond Hill Short applied against its price change over selected period. The best fit line has a slop of 0 , which means Diamond Hill Short will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.41, which is the sum of squared deviations for the predicted Diamond Hill price change compared to its average price change.About Diamond Hill 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 Diamond Hill Short 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 Diamond Hill Short based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Diamond Hill Short price pattern first instead of the macroeconomic environment surrounding Diamond Hill Short. By analyzing Diamond Hill'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 Diamond Hill'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 Diamond Hill specific price patterns or momentum indicators. Please read more on our technical analysis page.
Diamond Hill April 19, 2024 Technical Indicators
Most technical analysis of Diamond 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 Diamond from various momentum indicators to cycle indicators. When you analyze Diamond 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 | 0.1356 | |||
| Market Risk Adjusted Performance | 0.9639 | |||
| Mean Deviation | 0.0686 | |||
| Downside Deviation | 0.1695 | |||
| Coefficient Of Variation | 317.79 | |||
| Standard Deviation | 0.0897 | |||
| Variance | 0.008 | |||
| Information Ratio | (0.45) | |||
| Jensen Alpha | 0.0171 | |||
| Total Risk Alpha | 0.0097 | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | 0.9539 | |||
| Maximum Drawdown | 0.5149 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1044 | |||
| Downside Variance | 0.0287 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.12) | |||
| Skewness | (0.84) | |||
| Kurtosis | 2.41 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Short. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.