Virtus LifeSci Technical Analysis Overview

BBP -- USA Etf  

USD 40.35  0.005  0.0124%

Virtus LifeSci Biotech Products ETF has Coefficient Of Variation of 365.19 and Risk Adjusted Performance of 0.28. Virtus LifeSci technical analysis provides you with the way to harness past market data to determine a pattern that measures the direction of the etf future prices. In other words you can use this information to find out if the etf will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for Virtus LifeSci Biotech Products ETF which can be compared to its competition. Please validate Virtus LifeSci Biotech Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Virtus LifeSci is priced more or less accurately providing market reflects its prevalent price of 40.35 per share.
Horizon     30 Days    Login   to change

Virtus LifeSci Biotech Technical Analysis

Time Period
  Portfolio Optimization    
Execute Indicator
The output start index for this execution was twelve with a total number of output elements of five. 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 Virtus LifeSci Biotech volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Virtus LifeSci Biotech Trend Analysis

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

Virtus LifeSci Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Virtus LifeSci Biotech Products ETF applied against its price change over selected period. The best fit line has a slop of 0.37 % which may imply that the returns on investment in Virtus LifeSci Biotech Products ETF will continue to fail. It has 34 observation points and a regression sum of squares at 111.78, which is the sum of squared deviations for the predicted Virtus LifeSci price change compared to its average price change.

Did you try this?

Run My Watchlist Analysis Now


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
All  Next Launch My Watchlist Analysis

Virtus LifeSci Market Strength

Virtus LifeSci October 15, 2018 Daily Price Condition

Check also Trending Equities. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.