Vanguard Industrials (Mexico) Technical Analysis
| VIS Etf | MXN 4,031 9.00 0.22% |
As of the 25th of April, Vanguard Industrials has the Variance of 1.74, coefficient of variation of 593.94, and Risk Adjusted Performance of 0.1103. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vanguard Industrials ETF, as well as the relationship between them. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to interpolate and collect twelve technical drivers for Vanguard Industrials ETF, which can be compared to its competition. Please validate Vanguard Industrials ETF standard deviation, as well as the relationship between the treynor ratio and skewness to decide if Vanguard Industrials is priced more or less accurately, providing market reflects its prevalent price of 4031.0 per share.
Vanguard Industrials Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Vanguard, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VanguardVanguard |
Vanguard Industrials 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.
Vanguard Industrials ETF Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Vanguard Industrials ETF volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vanguard Industrials ETF Trend Analysis
Use this graph to draw trend lines for Vanguard Industrials ETF. You can use it to identify possible trend reversals for Vanguard Industrials 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 Vanguard Industrials price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vanguard Industrials Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vanguard Industrials ETF applied against its price change over selected period. The best fit line has a slop of 4.19 , which means Vanguard Industrials ETF will continue producing value for investors. It has 122 observation points and a regression sum of squares at 662835.86, which is the sum of squared deviations for the predicted Vanguard Industrials price change compared to its average price change.About Vanguard Industrials 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 Vanguard Industrials ETF 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 Vanguard Industrials ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Vanguard Industrials ETF price pattern first instead of the macroeconomic environment surrounding Vanguard Industrials ETF. By analyzing Vanguard Industrials'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 Vanguard Industrials'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 Vanguard Industrials specific price patterns or momentum indicators. Please read more on our technical analysis page.
Vanguard Industrials April 25, 2024 Technical Indicators
Most technical analysis of Vanguard 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 Vanguard from various momentum indicators to cycle indicators. When you analyze Vanguard 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.1103 | |||
| Market Risk Adjusted Performance | (3.05) | |||
| Mean Deviation | 0.5125 | |||
| Coefficient Of Variation | 593.94 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.74 | |||
| Information Ratio | 0.0961 | |||
| Jensen Alpha | 0.2179 | |||
| Total Risk Alpha | 0.0316 | |||
| Treynor Ratio | (3.06) | |||
| Maximum Drawdown | 12.21 | |||
| Potential Upside | 2.14 | |||
| Skewness | 5.39 | |||
| Kurtosis | 37.75 |
Vanguard Industrials ETF One Year Return
Based on the recorded statements, Vanguard Industrials ETF has an One Year Return of -1.56%. This is 118.46% lower than that of the Vanguard family and significantly lower than that of the One Year Return category. The one year return for all Mexico etfs is 60.82% 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Industrials ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.