Ppdm Etf Technical Analysis
Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of PPDM, as well as the relationship between them. Put it differently, you can use this information to find out if the etf will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down zero technical drivers for PPDM, which can be compared to its competitors.
PPDM Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PPDM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PPDMPPDM |
PPDM 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.
PPDM Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
PPDM Trend Analysis
Use this graph to draw trend lines for PPDM. You can use it to identify possible trend reversals for PPDM 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 PPDM price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PPDM Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PPDM applied against its price change over selected period. The best fit line has a slop of NaN , . It has 0 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted PPDM price change compared to its average price change.PPDM One Year Return
Based on the recorded statements, PPDM has an One Year Return of -9.39%. This is 30.5% lower than that of the Direxion Funds family and 54.79% lower than that of the Trading--Leveraged Equity category. The one year return for all United States etfs is notably higher than that of the company.
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.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the PPDM information on this page should be used as a complementary analysis to other PPDM'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 Transaction History module to view history of all your transactions and understand their impact on performance.
Other Tools for PPDM Etf
When running PPDM's price analysis, check to measure PPDM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PPDM is operating at the current time. Most of PPDM's value examination focuses on studying past and present price action to predict the probability of PPDM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPDM's price. Additionally, you may evaluate how the addition of PPDM to your portfolios can decrease your overall portfolio volatility.
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