Bmo Sptsx Equal Etf Technical Analysis
| ZMT Etf | CAD 64.85 0.11 0.17% |
As of the 25th of April, BMO SPTSX shows the mean deviation of 1.14, and Risk Adjusted Performance of 0.1481. In relation to fundamental indicators, the technical analysis model gives you tools to check helpful technical drivers of BMO SPTSX, as well as the relationship between them. Put another way, 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 were able to interpolate and analyze data for nineteen technical drivers for BMO SPTSX Equal, which can be compared to its peers. Please confirm BMO SPTSX Equal information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if BMO SPTSX Equal is priced favorably, providing market reflects its regular price of 64.85 per share.
BMO SPTSX Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BMO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BMOBMO |
BMO SPTSX 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.
BMO SPTSX Equal 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 BMO SPTSX Equal volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BMO SPTSX Equal Trend Analysis
Use this graph to draw trend lines for BMO SPTSX Equal. You can use it to identify possible trend reversals for BMO SPTSX 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 BMO SPTSX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BMO SPTSX Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BMO SPTSX Equal applied against its price change over selected period. The best fit line has a slop of 0.26 , which means BMO SPTSX Equal will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2502.06, which is the sum of squared deviations for the predicted BMO SPTSX price change compared to its average price change.About BMO SPTSX 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 BMO SPTSX Equal 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 BMO SPTSX Equal based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on BMO SPTSX Equal price pattern first instead of the macroeconomic environment surrounding BMO SPTSX Equal. By analyzing BMO SPTSX'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 BMO SPTSX'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 BMO SPTSX specific price patterns or momentum indicators. Please read more on our technical analysis page.
BMO SPTSX April 25, 2024 Technical Indicators
Most technical analysis of BMO 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 BMO from various momentum indicators to cycle indicators. When you analyze BMO 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1481 | |||
| Market Risk Adjusted Performance | 0.3178 | |||
| Mean Deviation | 1.14 | |||
| Semi Deviation | 1.16 | |||
| Downside Deviation | 1.6 | |||
| Coefficient Of Variation | 438.32 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.19 | |||
| Information Ratio | 0.1638 | |||
| Jensen Alpha | 0.237 | |||
| Total Risk Alpha | 0.1252 | |||
| Sortino Ratio | 0.1519 | |||
| Treynor Ratio | 0.3078 | |||
| Maximum Drawdown | 6.46 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.75 | |||
| Downside Variance | 2.55 | |||
| Semi Variance | 1.36 | |||
| Expected Short fall | (1.23) | |||
| Skewness | (0.47) | |||
| Kurtosis | 0.8485 |
BMO SPTSX April 25, 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 BMO 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.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 64.85 | ||
| Day Typical Price | 64.85 | ||
| Price Action Indicator | 0.05 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in BMO SPTSX Equal. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.