ClaymoreDelta Global Technical Analysis

ClaymoreDelta Global Shipping -- USA Etf  

USD 12.05  0.02  0.17%

ClaymoreDelta Global Shipping shows Mean Deviation of 0.6397 and Risk Adjusted Performance of 0.1179. In respect to Fundamental Indicators, Macroaxis technical analysis interface gives you tools to check existing technical drivers of ClaymoreDelta Global as well as the relationship between them. In plain English 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 found nineteen technical drivers for ClaymoreDelta Global Shipping which can be compared to its rivals. Please confirm ClaymoreDelta Global Coefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to decide if ClaymoreDelta Global is priced correctly providing market reflects its regular price of 12.05 per share.
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ClaymoreDelta Global Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of three. 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 ClaymoreDelta Global 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.

ClaymoreDelta Global Trend Analysis

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

ClaymoreDelta Global Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ClaymoreDelta Global Shipping applied against its price change over selected period. The best fit line has a slop of 0.036703 % which may imply that ClaymoreDelta Global Shipping will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 1.1, which is the sum of squared deviations for the predicted ClaymoreDelta Global price change compared to its average price change.

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ClaymoreDelta Global Shipping is presently regarded as number one ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.45  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for ClaymoreDelta Global Shipping is roughly  1.45 

One Year Return

ClaymoreDelta Global One Year Return
Based on recorded statements ClaymoreDelta Global Shipping has One Year Return of 77%. This is 316.21% lower than that of the Claymore Securities family, and 316.21% lower than that of Industrials category, The One Year Return for all etfs is 6309.6% lower than the firm.
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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.