Edgewood Growth Fund Technical Analysis
| EGFIX Fund | USD 48.30 0.29 0.60% |
As of the 17th of May 2024, Edgewood Growth shows the Coefficient Of Variation of 2955.01, mean deviation of 0.8716, and Downside Deviation of 1.07. Edgewood Growth 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 were able to collect and analyze data for nineteen technical drivers for Edgewood Growth Fund, which can be compared to its peers. Please confirm Edgewood Growth variance, as well as the relationship between the value at risk and skewness to decide if Edgewood Growth is priced favorably, providing market reflects its regular price of 48.3 per share.
Edgewood 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 Edgewood, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EdgewoodEdgewood |
Edgewood 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.
Edgewood Growth Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Edgewood Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Edgewood Growth Trend Analysis
Use this graph to draw trend lines for Edgewood Growth Fund. You can use it to identify possible trend reversals for Edgewood 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 Edgewood Growth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Edgewood Growth Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Edgewood Growth Fund applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Edgewood Growth Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 65.84, which is the sum of squared deviations for the predicted Edgewood Growth price change compared to its average price change.About Edgewood 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 Edgewood 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 Edgewood Growth Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Edgewood Growth price pattern first instead of the macroeconomic environment surrounding Edgewood Growth. By analyzing Edgewood 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 Edgewood 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 Edgewood Growth specific price patterns or momentum indicators. Please read more on our technical analysis page.
Edgewood Growth May 17, 2024 Technical Indicators
Most technical analysis of Edgewood 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 Edgewood from various momentum indicators to cycle indicators. When you analyze Edgewood 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 | 0.0249 | |||
| Market Risk Adjusted Performance | 0.0302 | |||
| Mean Deviation | 0.8716 | |||
| Semi Deviation | 1.02 | |||
| Downside Deviation | 1.07 | |||
| Coefficient Of Variation | 2955.01 | |||
| Standard Deviation | 1.13 | |||
| Variance | 1.28 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0202 | |||
| Maximum Drawdown | 5.86 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.95 | |||
| Downside Variance | 1.14 | |||
| Semi Variance | 1.03 | |||
| Expected Short fall | (0.94) | |||
| Skewness | 0.2631 | |||
| Kurtosis | 0.1751 |
Edgewood Growth May 17, 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 Edgewood 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 | 0.99 | ||
| Day Median Price | 48.30 | ||
| Day Typical Price | 48.30 | ||
| Price Action Indicator | (0.15) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edgewood 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 gross domestic product. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.