The output start index for this execution was six with a total number of output elements of eleven. 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 PowerShares FTSE RAFI 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.
PowerShares FTSE RAFI Trend Analysis
Use this graph to draw trend lines for PowerShares FTSE RAFI US 1000 ETF. You can use it to identify possible trend reversals for PowerShares FTSE 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 PowerShares FTSE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
PowerShares FTSE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PowerShares FTSE RAFI US 1000 ETF applied against its price change over selected period. The best fit line has a slop of 0.00326 % which may imply that PowerShares FTSE RAFI US 1000 ETF will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted PowerShares FTSE price change compared to its average price change.
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PowerShares FTSE RAFI US 1000 ETF is regarded third largest ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about 1.26 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for PowerShares FTSE RAFI US 1000 ETF is roughly 1.26