Third Avenue Small Cap Fund Technical Analysis
| TASCX Fund | USD 20.13 0.01 0.05% |
As of the 18th of April 2024, Third Avenue has the Coefficient Of Variation of 1821.77, risk adjusted performance of 0.0389, and Semi Deviation of 1.09. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Third Avenue Small, 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 break down nineteen technical drivers for Third Avenue Small Cap, which can be compared to its competition. Please validate Third Avenue Small coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Third Avenue is priced more or less accurately, providing market reflects its prevalent price of 20.13 per share.
Third Avenue Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Third, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThirdThird |
Third Avenue 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.
Third Avenue Small Technical Analysis
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 Third Avenue Small volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Third Avenue Small Trend Analysis
Use this graph to draw trend lines for Third Avenue Small Cap. You can use it to identify possible trend reversals for Third Avenue 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 Third Avenue price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Third Avenue Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Third Avenue Small Cap applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Third Avenue Small Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.79, which is the sum of squared deviations for the predicted Third Avenue price change compared to its average price change.About Third Avenue 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 Third Avenue Small Cap 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 Third Avenue Small Cap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Third Avenue Small price pattern first instead of the macroeconomic environment surrounding Third Avenue Small. By analyzing Third Avenue'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 Third Avenue'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 Third Avenue specific price patterns or momentum indicators. Please read more on our technical analysis page.
Third Avenue April 18, 2024 Technical Indicators
Most technical analysis of Third 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 Third from various momentum indicators to cycle indicators. When you analyze Third 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 | 0.0389 | |||
| Market Risk Adjusted Performance | 0.0482 | |||
| Mean Deviation | 0.8365 | |||
| Semi Deviation | 1.09 | |||
| Downside Deviation | 1.17 | |||
| Coefficient Of Variation | 1821.77 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.21 | |||
| Information Ratio | 0.0044 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0042 | |||
| Treynor Ratio | 0.0382 | |||
| Maximum Drawdown | 5.52 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.7 | |||
| Downside Variance | 1.37 | |||
| Semi Variance | 1.18 | |||
| Expected Short fall | (0.87) | |||
| Skewness | (0.45) | |||
| Kurtosis | 1.16 |
Third Avenue Small One Year Return
Based on the recorded statements, Third Avenue Small Cap has an One Year Return of 19.6642%. This is 180.12% higher than that of the Third Avenue family and significantly higher than that of the Small Value category. The one year return for all United States funds is notably lower than that of the firm.
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.Third Avenue April 18, 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 Third 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.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 20.13 | ||
| Day Typical Price | 20.13 | ||
| Price Action Indicator | (0.01) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Third Avenue Small Cap. 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 main economic indicators. Note that the Third Avenue Small information on this page should be used as a complementary analysis to other Third Avenue'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.