IDAAX Mutual Fund Technical Analysis

IDAAX
 Fund
  

USD 14.90  0.01  0.07%   

As of the 4th of December, IVY PROSHARES retains the market risk adjusted performance of 0.1262, and Risk Adjusted Performance of 0.1252. IVY PROSHARES technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for IVY PROSHARES SP, which can be compared to its competitors. Please check out IVY PROSHARES SP coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if IVY PROSHARES is priced adequately, providing market reflects its last-minute price of 14.9 per share.
  

IVY PROSHARES Momentum Analysis

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

IVY PROSHARES SP Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of IVY PROSHARES SP volatility developed by Welles Wilder.
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IVY PROSHARES SP Trend Analysis

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

IVY PROSHARES Best Fit Change Line

The following chart estimates an ordinary least squares regression model for IVY PROSHARES SP applied against its price change over selected period. The best fit line has a slop of   0.026925  , which means IVY PROSHARES SP will continue generating value for investors. It has 122 observation points and a regression sum of squares at 27.42, which is the sum of squared deviations for the predicted IVY PROSHARES price change compared to its average price change.

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

IVY PROSHARES December 4, 2022 Technical Indicators

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

IVY PROSHARES SP One Year Return

Based on the recorded statements, IVY PROSHARES SP has an One Year Return of 4.81%. This is 61.89% lower than that of the Delaware Funds by Macquarie family and significantly higher than that of the Large 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.
Please see Risk vs Return Analysis. Note that the IVY PROSHARES SP information on this page should be used as a complementary analysis to other IVY PROSHARES'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for IDAAX Mutual Fund analysis

When running IVY PROSHARES SP price analysis, check to measure IVY PROSHARES'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 IVY PROSHARES is operating at the current time. Most of IVY PROSHARES's value examination focuses on studying past and present price action to predict the probability of IVY PROSHARES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move IVY PROSHARES's price. Additionally, you may evaluate how the addition of IVY PROSHARES to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between IVY PROSHARES's value and its price as these two are different measures arrived at by different means. Investors typically determine IVY PROSHARES value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IVY PROSHARES'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.