ClaymoreDelta Global Shipping shows Mean Deviation of 0.6111 and Risk Adjusted Performance of 0.1081. 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
ClaymoreDelta Global Trend AnalysisUse 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 LineThe 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 0.036415 % 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 1.08, which is the sum of squared deviations for the predicted ClaymoreDelta Global price change compared to its average price change.
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