Jennison Natural Resources Fund Technical Analysis
| PJNQX Fund | USD 58.88 0.50 0.86% |
As of the 1st of December, Jennison Natural retains the Risk Adjusted Performance of 0.0294, downside deviation of 1.5, and Market Risk Adjusted Performance of 0.0528. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Jennison Natural Resources, as well as the relationship between them.
Jennison Natural Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jennison, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JennisonJennison |
Jennison Natural 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.
Jennison Natural Res Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Jennison Natural Res volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Jennison Natural Res Trend Analysis
Use this graph to draw trend lines for Jennison Natural Resources. You can use it to identify possible trend reversals for Jennison Natural 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 Jennison Natural price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Jennison Natural Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Jennison Natural Resources applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Jennison Natural Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 71.35, which is the sum of squared deviations for the predicted Jennison Natural price change compared to its average price change.About Jennison Natural 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 Jennison Natural Resources 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 Jennison Natural Resources based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Jennison Natural Res price pattern first instead of the macroeconomic environment surrounding Jennison Natural Res. By analyzing Jennison Natural'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 Jennison Natural'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 Jennison Natural specific price patterns or momentum indicators. Please read more on our technical analysis page.
Jennison Natural December 1, 2024 Technical Indicators
Most technical analysis of Jennison 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 Jennison from various momentum indicators to cycle indicators. When you analyze Jennison 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 | 0.0294 | |||
| Market Risk Adjusted Performance | 0.0528 | |||
| Mean Deviation | 0.8824 | |||
| Semi Deviation | 1.41 | |||
| Downside Deviation | 1.5 | |||
| Coefficient Of Variation | 2982.72 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.49 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0428 | |||
| Maximum Drawdown | 5.46 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.09 | |||
| Downside Variance | 2.26 | |||
| Semi Variance | 1.98 | |||
| Expected Short fall | (0.79) | |||
| Skewness | (0.98) | |||
| Kurtosis | 2.67 |
Other Information on Investing in Jennison Mutual Fund
Jennison Natural financial ratios help investors to determine whether Jennison 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 Jennison with respect to the benefits of owning Jennison Natural security.
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