Columbia Etf Trust Etf Technical Analysis
| CRED Etf | USD 19.55 0.16 0.83% |
As of the 19th of April, Columbia ETF shows the Risk Adjusted Performance of (0.06), standard deviation of 1.09, and Mean Deviation of 0.844. Columbia ETF Trust technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Columbia ETF Trust, which can be compared to its peers. Please confirm Columbia ETF Trust standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Columbia ETF Trust is priced correctly, providing market reflects its regular price of 19.55 per share.
Columbia ETF Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Columbia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ColumbiaColumbia |
Columbia ETF technical etf 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, etf market cycles, or different charting patterns.
Columbia ETF Trust Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Columbia ETF Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Columbia ETF Trust Trend Analysis
Use this graph to draw trend lines for Columbia ETF Trust. You can use it to identify possible trend reversals for Columbia ETF 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 Columbia ETF price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Columbia ETF Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Columbia ETF Trust applied against its price change over selected period. The best fit line has a slop of 0.0045 , which may suggest that Columbia ETF Trust market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.75, which is the sum of squared deviations for the predicted Columbia ETF price change compared to its average price change.About Columbia ETF 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 Columbia ETF Trust 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 Columbia ETF Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Columbia ETF Trust price pattern first instead of the macroeconomic environment surrounding Columbia ETF Trust. By analyzing Columbia ETF'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 Columbia ETF'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 Columbia ETF specific price patterns or momentum indicators. Please read more on our technical analysis page.
Columbia ETF April 19, 2024 Technical Indicators
Most technical analysis of Columbia 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 Columbia from various momentum indicators to cycle indicators. When you analyze Columbia 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 | (0.06) | |||
| Market Risk Adjusted Performance | (0.08) | |||
| Mean Deviation | 0.844 | |||
| Coefficient Of Variation | (938.32) | |||
| Standard Deviation | 1.09 | |||
| Variance | 1.18 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.09) | |||
| Maximum Drawdown | 6.02 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.36 | |||
| Skewness | (0.36) | |||
| Kurtosis | 0.6683 |
Columbia ETF April 19, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Columbia stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 19.55 | ||
| Day Typical Price | 19.55 | ||
| Price Action Indicator | 0.08 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia ETF Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Columbia Etf refer to our How to Trade Columbia Etf guide.Note that the Columbia ETF Trust information on this page should be used as a complementary analysis to other Columbia ETF's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Columbia ETF Trust is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia ETF's value that differs from its market value or its book value, called intrinsic value, which is Columbia ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbia ETF's market value can be influenced by many factors that don't directly affect Columbia ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbia ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia ETF's 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.