Equity Income Fund Technical Analysis

PEIIX Fund  USD 45.37  0.15  0.33%   
As of the 5th of December, Equity Income shows the Downside Deviation of 0.5013, mean deviation of 0.49, and Coefficient Of Variation of 577.3. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Equity Income, as well as the relationship between them.

Equity Income Momentum Analysis

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

Equity Income Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Equity Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Equity Income Trend Analysis

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

Equity Income Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Equity Income Fund applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Equity Income Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 78.82, which is the sum of squared deviations for the predicted Equity Income price change compared to its average price change.

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

Equity Income December 5, 2024 Technical Indicators

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

Equity Income One Year Return

Based on the recorded statements, Equity Income Fund has an One Year Return of 29.3945%. This is 20.03% higher than that of the Principal Funds 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.

Other Information on Investing in Equity Mutual Fund

Equity Income financial ratios help investors to determine whether Equity 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 Equity with respect to the benefits of owning Equity Income security.
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