Rex Volmaxx Long Etf Technical Analysis

VMAX Etf   47.15  0.57  1.22%   
As of the 28th of March, REX VolMAXX holds the Risk Adjusted Performance of 0.1509, semi deviation of 0.4347, and Coefficient Of Variation of 372.07. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of REX VolMAXX, 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 analyze nineteen technical drivers for REX VolMAXX Long, which can be compared to its competitors. Please check REX VolMAXX Long market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if REX VolMAXX Long is priced more or less accurately, providing market reflects its current price of 47.15 per share.

REX VolMAXX Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as REX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to REX
  
REX VolMAXX's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
REX VolMAXX 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.
A focus of REX VolMAXX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of REX VolMAXX trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

REX VolMAXX Long Technical Analysis

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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 REX VolMAXX Long volatility. High ATR values indicate high volatility, and low values indicate low volatility.

REX VolMAXX Long Trend Analysis

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

REX VolMAXX Best Fit Change Line

The following chart estimates an ordinary least squares regression model for REX VolMAXX Long applied against its price change over selected period. The best fit line has a slop of   0.09  , which means REX VolMAXX Long will continue generating value for investors. It has 122 observation points and a regression sum of squares at 289.14, which is the sum of squared deviations for the predicted REX VolMAXX price change compared to its average price change.

About REX VolMAXX 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 REX VolMAXX Long 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 REX VolMAXX Long based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on REX VolMAXX Long price pattern first instead of the macroeconomic environment surrounding REX VolMAXX Long. By analyzing REX VolMAXX'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 REX VolMAXX'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 REX VolMAXX specific price patterns or momentum indicators. Please read more on our technical analysis page.

REX VolMAXX March 28, 2024 Technical Indicators

Most technical analysis of REX 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 REX from various momentum indicators to cycle indicators. When you analyze REX 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.

REX VolMAXX Long One Year Return

Based on the recorded statements, REX VolMAXX Long has an One Year Return of -23.88%. This is 256.49% lower than that of the UBS family and 172.23% lower than that of the Sector 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.

REX VolMAXX March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as REX stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether REX VolMAXX Long offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of REX VolMAXX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rex Volmaxx Long Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Rex Volmaxx Long Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in REX VolMAXX Long. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the REX VolMAXX Long information on this page should be used as a complementary analysis to other REX VolMAXX'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running REX VolMAXX's price analysis, check to measure REX VolMAXX'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 REX VolMAXX is operating at the current time. Most of REX VolMAXX's value examination focuses on studying past and present price action to predict the probability of REX VolMAXX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REX VolMAXX's price. Additionally, you may evaluate how the addition of REX VolMAXX to your portfolios can decrease your overall portfolio volatility.
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The market value of REX VolMAXX Long is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX VolMAXX's value that differs from its market value or its book value, called intrinsic value, which is REX VolMAXX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because REX VolMAXX's market value can be influenced by many factors that don't directly affect REX VolMAXX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between REX VolMAXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX VolMAXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX VolMAXX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.