Sparrow Growth Fund Technical Analysis

SGNFX Fund  USD 38.63  0.09  0.23%   
As of the 28th of March, Sparrow Growth has the Semi Deviation of 0.3291, risk adjusted performance of 0.1421, and Coefficient Of Variation of 399.91. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sparrow Growth Fund, as well as the relationship between them. In other words, you can use this information to find out if the fund will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Sparrow Growth Fund, which can be compared to its competition. Please validate Sparrow Growth Fund mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Sparrow Growth is priced more or less accurately, providing market reflects its prevalent price of 38.63 per share.

Sparrow Growth Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sparrow, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Sparrow
  
Sparrow Growth's 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.
Sparrow Growth 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 Sparrow Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sparrow Growth 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...

Sparrow Growth Fund Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Sparrow Growth Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sparrow Growth Fund Trend Analysis

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

Sparrow Growth Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sparrow Growth Fund applied against its price change over selected period. The best fit line has a slop of   0.08  , which means Sparrow Growth Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 260.65, which is the sum of squared deviations for the predicted Sparrow Growth price change compared to its average price change.

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

Sparrow Growth March 28, 2024 Technical Indicators

Most technical analysis of Sparrow 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 Sparrow from various momentum indicators to cycle indicators. When you analyze Sparrow 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.

Sparrow Growth March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Sparrow stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sparrow Growth Fund. 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 census.
Note that the Sparrow Growth Fund information on this page should be used as a complementary analysis to other Sparrow Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Sparrow Mutual Fund analysis

When running Sparrow Growth's price analysis, check to measure Sparrow Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sparrow Growth is operating at the current time. Most of Sparrow Growth's value examination focuses on studying past and present price action to predict the probability of Sparrow Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparrow Growth's price. Additionally, you may evaluate how the addition of Sparrow Growth to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Bonds Directory
Find actively traded corporate debentures issued by US companies
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Fundamental Analysis
View fundamental data based on most recent published financial statements
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Please note, there is a significant difference between Sparrow Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparrow Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparrow Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.