Iq Real Estate Etf Technical Analysis
| ROOF Etf | USD 18.20 0.02 0.11% |
As of the 19th of April, IQ Real owns the Information Ratio of (0.19), coefficient of variation of (860.15), and Market Risk Adjusted Performance of (27.03). In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of IQ Real Estate, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for IQ Real, which can be compared to its peers in the sector. Please check out IQ Real Estate standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if IQ Real Estate is priced more or less accurately, providing market reflects its prevailing price of 18.2 per share.
IQ Real Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ROOF, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ROOFROOF |
IQ Real 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.
IQ Real Estate Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 IQ Real Estate volatility. High ATR values indicate high volatility, and low values indicate low volatility.
IQ Real Estate Trend Analysis
Use this graph to draw trend lines for IQ Real Estate. You can use it to identify possible trend reversals for IQ Real 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 IQ Real price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.IQ Real Best Fit Change Line
The following chart estimates an ordinary least squares regression model for IQ Real Estate applied against its price change over selected period. The best fit line has a slop of 0.0048 , which may suggest that IQ Real Estate market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.87, which is the sum of squared deviations for the predicted IQ Real price change compared to its average price change.About IQ Real 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 IQ Real Estate 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 IQ Real Estate based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on IQ Real Estate price pattern first instead of the macroeconomic environment surrounding IQ Real Estate. By analyzing IQ Real'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 IQ Real'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 IQ Real specific price patterns or momentum indicators. Please read more on our technical analysis page.
IQ Real April 19, 2024 Technical Indicators
Most technical analysis of ROOF 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 ROOF from various momentum indicators to cycle indicators. When you analyze ROOF 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 | (0.07) | |||
| Market Risk Adjusted Performance | (27.03) | |||
| Mean Deviation | 0.7871 | |||
| Coefficient Of Variation | (860.15) | |||
| Standard Deviation | 0.984 | |||
| Variance | 0.9683 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (27.04) | |||
| Maximum Drawdown | 5.07 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.4 | |||
| Skewness | (0.24) | |||
| Kurtosis | 0.2266 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in IQ Real Estate. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of IQ Real Estate is measured differently than its book value, which is the value of ROOF that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Real's value that differs from its market value or its book value, called intrinsic value, which is IQ Real'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 IQ Real's market value can be influenced by many factors that don't directly affect IQ Real'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 IQ Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Real'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.