Armr Etf Technical Analysis
As of the 19th of April, ARMR shows the Coefficient Of Variation of (4,193), risk adjusted performance of (0.01), and Mean Deviation of 0.7178. ARMR technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for thirteen technical drivers for ARMR, which can be compared to its peers. Please confirm ARMR standard deviation and value at risk to decide if ARMR is priced favorably, providing market reflects its regular price of 0.0 per share.
ARMR Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ARMR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ARMRARMR |
ARMR 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.
ARMR Technical Analysis
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ARMR Trend Analysis
Use this graph to draw trend lines for ARMR. You can use it to identify possible trend reversals for ARMR 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 ARMR price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ARMR Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ARMR applied against its price change over selected period. The best fit line has a slop of 0.0056 , which may suggest that ARMR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.17, which is the sum of squared deviations for the predicted ARMR price change compared to its average price change.About ARMR 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 ARMR 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 ARMR based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ARMR price pattern first instead of the macroeconomic environment surrounding ARMR. By analyzing ARMR'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 ARMR'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 ARMR specific price patterns or momentum indicators. Please read more on our technical analysis page.
ARMR April 19, 2024 Technical Indicators
Most technical analysis of ARMR 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 ARMR from various momentum indicators to cycle indicators. When you analyze ARMR 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.1) | |||
| Mean Deviation | 0.7178 | |||
| Coefficient Of Variation | (4,193) | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.21 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 6.11 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.66 | |||
| Skewness | (0.56) | |||
| Kurtosis | 2.19 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of ARMR is measured differently than its book value, which is the value of ARMR that is recorded on the company's balance sheet. Investors also form their own opinion of ARMR's value that differs from its market value or its book value, called intrinsic value, which is ARMR'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 ARMR's market value can be influenced by many factors that don't directly affect ARMR'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 ARMR's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARMR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARMR'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.