Build Funds Trust Etf Technical Analysis
BFIX Etf | USD 24.16 0.01 0.04% |
As of the 6th of October, Build Funds shows the Risk Adjusted Performance of 0.0768, mean deviation of 0.3112, and Downside Deviation of 0.8523. Build Funds Trust 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.
Build Funds Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Build, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BuildBuild |
Build Funds 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.
Build Funds Trust Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Build Funds Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Build Funds Trust Trend Analysis
Use this graph to draw trend lines for Build Funds Trust. You can use it to identify possible trend reversals for Build Funds 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 Build Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Build Funds Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Build Funds Trust applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Build Funds Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14.98, which is the sum of squared deviations for the predicted Build Funds price change compared to its average price change.About Build Funds 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 Build Funds 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 Build Funds Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Build Funds Trust price pattern first instead of the macroeconomic environment surrounding Build Funds Trust. By analyzing Build Funds'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 Build Funds'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 Build Funds specific price patterns or momentum indicators. Please read more on our technical analysis page.
Build Funds October 6, 2024 Technical Indicators
Most technical analysis of Build 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 Build from various momentum indicators to cycle indicators. When you analyze Build 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 | 0.0768 | |||
Market Risk Adjusted Performance | (1.30) | |||
Mean Deviation | 0.3112 | |||
Semi Deviation | 0.7108 | |||
Downside Deviation | 0.8523 | |||
Coefficient Of Variation | 1050.74 | |||
Standard Deviation | 0.773 | |||
Variance | 0.5975 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | 0.0687 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | (1.31) | |||
Maximum Drawdown | 8.39 | |||
Value At Risk | (0.39) | |||
Potential Upside | 0.4283 | |||
Downside Variance | 0.7264 | |||
Semi Variance | 0.5052 | |||
Expected Short fall | (0.36) | |||
Skewness | 0.2832 | |||
Kurtosis | 26.21 |
Additional Information and Resources on Investing in Build Etf
When determining whether Build Funds Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Build Funds' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Build Funds Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Build Funds Trust Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Build Funds Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Build Funds Trust is measured differently than its book value, which is the value of Build that is recorded on the company's balance sheet. Investors also form their own opinion of Build Funds' value that differs from its market value or its book value, called intrinsic value, which is Build Funds' 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 Build Funds' market value can be influenced by many factors that don't directly affect Build Funds' 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 Build Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Build Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Build Funds' 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.