Wbi Power Factor Etf Technical Analysis
| WBIY Etf | USD 29.34 0.30 1.03% |
As of the 23rd of April, WBI Power maintains the Mean Deviation of 0.6515, risk adjusted performance of 0.0647, and Downside Deviation of 0.9657. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of WBI Power Factor, as well as the relationship between them. Specifically, you can use this information to find out if the entity will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for WBI Power Factor, which can be compared to its peers. Please check out WBI Power Factor coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if WBI Power Factor is priced favorably, providing market reflects its latest price of 29.34 per share.
WBI Power Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WBI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WBIWBI |
WBI Power 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.
WBI Power Factor Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 WBI Power Factor volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WBI Power Factor Trend Analysis
Use this graph to draw trend lines for WBI Power Factor. You can use it to identify possible trend reversals for WBI Power 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 WBI Power price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WBI Power Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WBI Power Factor applied against its price change over selected period. The best fit line has a slop of 0.03 , which means WBI Power Factor will continue generating value for investors. It has 122 observation points and a regression sum of squares at 27.19, which is the sum of squared deviations for the predicted WBI Power price change compared to its average price change.About WBI Power 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 WBI Power Factor 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 WBI Power Factor based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on WBI Power Factor price pattern first instead of the macroeconomic environment surrounding WBI Power Factor. By analyzing WBI Power'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 WBI Power'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 WBI Power specific price patterns or momentum indicators. Please read more on our technical analysis page.
WBI Power April 23, 2024 Technical Indicators
Most technical analysis of WBI 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 WBI from various momentum indicators to cycle indicators. When you analyze WBI 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 Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0647 | |||
| Market Risk Adjusted Performance | 0.0815 | |||
| Mean Deviation | 0.6515 | |||
| Semi Deviation | 0.8018 | |||
| Downside Deviation | 0.9657 | |||
| Coefficient Of Variation | 1000.39 | |||
| Standard Deviation | 0.8953 | |||
| Variance | 0.8016 | |||
| Information Ratio | 3.0E-4 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 3.0E-4 | |||
| Treynor Ratio | 0.0715 | |||
| Maximum Drawdown | 4.31 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 1.75 | |||
| Downside Variance | 0.9327 | |||
| Semi Variance | 0.643 | |||
| Expected Short fall | (0.70) | |||
| Skewness | (0.27) | |||
| Kurtosis | 0.7306 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WBI Power Factor. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of WBI Power Factor is measured differently than its book value, which is the value of WBI that is recorded on the company's balance sheet. Investors also form their own opinion of WBI Power's value that differs from its market value or its book value, called intrinsic value, which is WBI Power'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 WBI Power's market value can be influenced by many factors that don't directly affect WBI Power'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 WBI Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if WBI Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WBI Power'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.