Leadersharestm Alphafactor Core Etf Technical Analysis
| LSAF Etf | USD 37.29 0.55 1.50% |
As of the 24th of April, LeaderSharesTM AlphaFactor secures the Downside Deviation of 0.8205, risk adjusted performance of 0.0983, and Mean Deviation of 0.6158. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of LeaderSharesTM AlphaFactor, as well as the relationship between them. Strictly speaking, you can use this information to find out if the etf will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for LeaderSharesTM AlphaFactor, which can be compared to its peers in the industry. Please verify LeaderSharesTM AlphaFactor downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if LeaderSharesTM AlphaFactor Core is priced some-what accurately, providing market reflects its recent price of 37.29 per share.
LeaderSharesTM AlphaFactor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as LeaderSharesTM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LeaderSharesTMLeaderSharesTM |
LeaderSharesTM AlphaFactor 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.
LeaderSharesTM AlphaFactor Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-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 LeaderSharesTM AlphaFactor volatility. High ATR values indicate high volatility, and low values indicate low volatility.
LeaderSharesTM AlphaFactor Trend Analysis
Use this graph to draw trend lines for LeaderSharesTM AlphaFactor Core. You can use it to identify possible trend reversals for LeaderSharesTM AlphaFactor 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 LeaderSharesTM AlphaFactor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.LeaderSharesTM AlphaFactor Best Fit Change Line
The following chart estimates an ordinary least squares regression model for LeaderSharesTM AlphaFactor Core applied against its price change over selected period. The best fit line has a slop of 0.05 , which means LeaderSharesTM AlphaFactor Core will continue generating value for investors. It has 122 observation points and a regression sum of squares at 82.35, which is the sum of squared deviations for the predicted LeaderSharesTM AlphaFactor price change compared to its average price change.About LeaderSharesTM AlphaFactor 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 LeaderSharesTM AlphaFactor Core 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 LeaderSharesTM AlphaFactor Core based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on LeaderSharesTM AlphaFactor price pattern first instead of the macroeconomic environment surrounding LeaderSharesTM AlphaFactor. By analyzing LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor specific price patterns or momentum indicators. Please read more on our technical analysis page.
LeaderSharesTM AlphaFactor April 24, 2024 Technical Indicators
Most technical analysis of LeaderSharesTM 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 LeaderSharesTM from various momentum indicators to cycle indicators. When you analyze LeaderSharesTM 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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| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0983 | |||
| Market Risk Adjusted Performance | 0.1097 | |||
| Mean Deviation | 0.6158 | |||
| Semi Deviation | 0.6207 | |||
| Downside Deviation | 0.8205 | |||
| Coefficient Of Variation | 645.93 | |||
| Standard Deviation | 0.7571 | |||
| Variance | 0.5732 | |||
| Information Ratio | 0.0289 | |||
| Jensen Alpha | 0.0155 | |||
| Total Risk Alpha | 0.0036 | |||
| Sortino Ratio | 0.0267 | |||
| Treynor Ratio | 0.0997 | |||
| Maximum Drawdown | 3.01 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.07 | |||
| Downside Variance | 0.6732 | |||
| Semi Variance | 0.3852 | |||
| Expected Short fall | (0.63) | |||
| Skewness | (0.31) | |||
| Kurtosis | (0.48) |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeaderSharesTM AlphaFactor Core. 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 LeaderSharesTM AlphaFactor information on this page should be used as a complementary analysis to other LeaderSharesTM AlphaFactor'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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of LeaderSharesTM AlphaFactor is measured differently than its book value, which is the value of LeaderSharesTM that is recorded on the company's balance sheet. Investors also form their own opinion of LeaderSharesTM AlphaFactor's value that differs from its market value or its book value, called intrinsic value, which is LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's market value can be influenced by many factors that don't directly affect LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if LeaderSharesTM AlphaFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeaderSharesTM AlphaFactor'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.