Kensington Mutual Fund Technical Analysis

KADAX
 Fund
  

USD 9.38  0.01  0.11%   

As of the 7th of October, Kensington Active secures the risk adjusted performance of (0.07), and Mean Deviation of 0.3974. Kensington Active Advantage technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Kensington Active, which can be compared to its peers in the industry. Please verify Kensington Active standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Kensington Active Advantage is priced some-what accurately, providing market reflects its recent price of 9.38 per share.
  

Kensington Active Momentum Analysis

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

Kensington Active 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 Kensington Active volatility developed by Welles Wilder.
.

Kensington Active Trend Analysis

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

Kensington Active Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kensington Active Advantage applied against its price change over selected period. The best fit line has a slop of   -0.0075  , which may suggest that Kensington Active Advantage market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.12, which is the sum of squared deviations for the predicted Kensington Active price change compared to its average price change.

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

Kensington Active October 7, 2022 Technical Indicators

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

Kensington Active October 7, 2022 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 Kensington 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.
Please see Correlation Analysis. Note that the Kensington Active information on this page should be used as a complementary analysis to other Kensington Active'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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Kensington Mutual Fund analysis

When running Kensington Active price analysis, check to measure Kensington Active'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 Kensington Active is operating at the current time. Most of Kensington Active's value examination focuses on studying past and present price action to predict the probability of Kensington Active's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kensington Active's price. Additionally, you may evaluate how the addition of Kensington Active to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Please note, there is a significant difference between Kensington Active's value and its price as these two are different measures arrived at by different means. Investors typically determine Kensington Active value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kensington Active'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.