Kensington Managed Income Fund Statistic Functions Pearson Correlation Coefficient

KAMAX Fund  USD 9.94  0.02  0.20%   
Kensington Managed statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Kensington Managed. Kensington Managed value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Pearson Correlation Coefficient function function is designed to identify and follow existing trends. Kensington Managed statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
The output start index for this execution was nine with a total number of output elements of fifty-two. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Kensington Managed Income and its benchmark or peer.

Kensington Managed Technical Analysis Modules

Most technical analysis of Kensington Managed 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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Kensington Managed Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kensington Managed Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kensington Managed Income based on widely used predictive technical indicators. In general, we focus on analyzing Kensington Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kensington Managed's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Kensington Managed's intrinsic value. In addition to deriving basic predictive indicators for Kensington Managed, we also check how macroeconomic factors affect Kensington Managed price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
9.759.9210.09
Details
Intrinsic
Valuation
LowRealHigh
8.949.1110.91
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kensington Managed. Your research has to be compared to or analyzed against Kensington Managed's peers to derive any actionable benefits. When done correctly, Kensington Managed's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Kensington Managed Income.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kensington Managed in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kensington Managed's short interest history, or implied volatility extrapolated from Kensington Managed options trading.

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Other Information on Investing in Kensington Mutual Fund

Kensington Managed financial ratios help investors to determine whether Kensington Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kensington with respect to the benefits of owning Kensington Managed security.
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