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 United States 3x 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.
United States 3x Trend Analysis
Use this graph to draw trend lines for United States 3x Oil. You can use it to identify possible trend reversals for United States 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 United States price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
United States Best Fit Change Line
The following chart estimates an ordinary least squares regression model for United States 3x Oil applied against its price change over selected period. The best fit line has a slop of 0.25 % which may suggest that United States 3x Oil market price will keep on failing further. It has 34 observation points and a regression sum of squares at 50.32, which is the sum of squared deviations for the predicted United States price change compared to its average price change.
Did you try this?
Run Equity Forecasting Now
Use basic forecasting models to generate price predictions and determine price momentum
United States 3x Oil is rated first in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about 1.46 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for United States 3x Oil is roughly 1.46