IShares Silver (Mexico) Technical Analysis
| SLV Etf | MXN 442.25 3.75 0.86% |
As of the 19th of April, IShares Silver retains the Market Risk Adjusted Performance of (0.82), downside deviation of 1.2, and Risk Adjusted Performance of 0.1434. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of iShares Silver Trust, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for iShares Silver Trust, which can be compared to its competitors. Please check out iShares Silver Trust treynor ratio, and the relationship between the variance and potential upside to decide if IShares Silver is priced fairly, providing market reflects its last-minute price of 442.25 per share.
IShares Silver Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as IShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ISharesIShares |
IShares Silver 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.
iShares Silver Trust Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 iShares Silver Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
iShares Silver Trust Trend Analysis
Use this graph to draw trend lines for iShares Silver Trust. You can use it to identify possible trend reversals for IShares Silver 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 IShares Silver price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.IShares Silver Best Fit Change Line
The following chart estimates an ordinary least squares regression model for iShares Silver Trust applied against its price change over selected period. The best fit line has a slop of 1.38 , which means iShares Silver Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 71594.6, which is the sum of squared deviations for the predicted IShares Silver price change compared to its average price change.About IShares Silver 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 iShares Silver Trust 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 iShares Silver Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on iShares Silver Trust price pattern first instead of the macroeconomic environment surrounding iShares Silver Trust. By analyzing IShares Silver'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 IShares Silver'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 IShares Silver specific price patterns or momentum indicators. Please read more on our technical analysis page.
IShares Silver April 19, 2024 Technical Indicators
Most technical analysis of IShares 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 IShares from various momentum indicators to cycle indicators. When you analyze IShares 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 | 0.1434 | |||
| Market Risk Adjusted Performance | (0.82) | |||
| Mean Deviation | 1.19 | |||
| Semi Deviation | 0.9155 | |||
| Downside Deviation | 1.2 | |||
| Coefficient Of Variation | 449.44 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.29 | |||
| Information Ratio | 0.1772 | |||
| Jensen Alpha | 0.3497 | |||
| Total Risk Alpha | 0.1833 | |||
| Sortino Ratio | 0.2226 | |||
| Treynor Ratio | (0.83) | |||
| Maximum Drawdown | 6.26 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 3.16 | |||
| Downside Variance | 1.45 | |||
| Semi Variance | 0.8381 | |||
| Expected Short fall | (1.60) | |||
| Skewness | 0.2852 | |||
| Kurtosis | 0.1463 |
iShares Silver Trust One Year Return
Based on the recorded statements, iShares Silver Trust has an One Year Return of 55%. This is much higher than that of the iShares family and notably lower than that of the One Year Return category. The one year return for all Mexico etfs is notably lower than that of the firm.
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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in iShares Silver Trust. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.