Votorantim Securities (Brazil) Technical Analysis
| VOTS11 Fund | BRL 81.66 0.33 0.40% |
As of the 19th of April, Votorantim Securities has the Variance of 0.9241, risk adjusted performance of 0.0021, and Coefficient Of Variation of (42,187). Our technical analysis interface makes it possible for you to check existing technical drivers of Votorantim Securities, 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 interpolate thirteen technical drivers for Votorantim Securities Master, which can be compared to its competition. Please validate Votorantim Securities coefficient of variation and the relationship between the variance and value at riskcoefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Votorantim Securities is priced more or less accurately, providing market reflects its prevalent price of 81.66 per share.
Votorantim Securities Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Votorantim, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VotorantimVotorantim |
Votorantim Securities technical 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.
Votorantim Securities 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 Votorantim Securities volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Votorantim Securities Trend Analysis
Use this graph to draw trend lines for Votorantim Securities Master. You can use it to identify possible trend reversals for Votorantim Securities 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 Votorantim Securities price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Votorantim Securities Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Votorantim Securities Master applied against its price change over selected period. The best fit line has a slop of 0.0067 , which may suggest that Votorantim Securities Master market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.72, which is the sum of squared deviations for the predicted Votorantim Securities price change compared to its average price change.About Votorantim Securities 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 Votorantim Securities Master 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 Votorantim Securities Master based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Votorantim Securities price pattern first instead of the macroeconomic environment surrounding Votorantim Securities. By analyzing Votorantim Securities'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 Votorantim Securities'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 Votorantim Securities specific price patterns or momentum indicators. Please read more on our technical analysis page.
Votorantim Securities April 19, 2024 Technical Indicators
Most technical analysis of Votorantim 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 Votorantim from various momentum indicators to cycle indicators. When you analyze Votorantim 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 | 0.0021 | |||
| Market Risk Adjusted Performance | (0.30) | |||
| Mean Deviation | 0.6541 | |||
| Coefficient Of Variation | (42,187) | |||
| Standard Deviation | 0.9613 | |||
| Variance | 0.9241 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.31) | |||
| Maximum Drawdown | 5.28 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.7 | |||
| Skewness | 0.4789 | |||
| Kurtosis | 1.63 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Votorantim Securities Master. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Please note, there is a significant difference between Votorantim Securities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Votorantim Securities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Votorantim Securities' 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.