Bzdyf Etf Technical Analysis
| BZDYF Etf | USD 27.71 0.26 0.95% |
As of the 4th of December, BZDYF shows the Mean Deviation of 0.3135, risk adjusted performance of (0.038993), and Standard Deviation of 0.7555. Our technical analysis interface gives you tools to check helpful technical drivers of BZDYF, as well as the relationship between them. 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 analyzed and interpolated thirteen technical drivers for BZDYF, which can be compared to its rivals. Please confirm BZDYF market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if BZDYF is priced favorably, providing market reflects its regular price of 27.71 per share.
BZDYF Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BZDYF, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BZDYFBZDYF |
BZDYF technical otc 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, otc market cycles, or different charting patterns.
BZDYF 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 BZDYF volatility. High ATR values indicate high volatility, and low values indicate low volatility. .
BZDYF Trend Analysis
Use this graph to draw trend lines for BZDYF. You can use it to identify possible trend reversals for BZDYF 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 BZDYF price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BZDYF Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BZDYF applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that BZDYF market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.91, which is the sum of squared deviations for the predicted BZDYF price change compared to its average price change.About BZDYF 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 BZDYF 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 BZDYF based on its technical analysis. In general, a bottom-up approach, as applied to this otc etf, focuses on BZDYF price pattern first instead of the macroeconomic environment surrounding BZDYF. By analyzing BZDYF'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 BZDYF'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 BZDYF specific price patterns or momentum indicators. Please read more on our technical analysis page.
BZDYF December 4, 2023 Technical Indicators
Most technical analysis of BZDYF 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 BZDYF from various momentum indicators to cycle indicators. When you analyze BZDYF 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 | (0.038993) | |||
| Market Risk Adjusted Performance | 0.3366 | |||
| Mean Deviation | 0.3135 | |||
| Coefficient Of Variation | (2,009) | |||
| Standard Deviation | 0.7555 | |||
| Variance | 0.5708 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.046048) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.3266 | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 0.8468 | |||
| Skewness | (2.17) | |||
| Kurtosis | 9.24 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BZDYF. Also, note that the market value of any OTC Etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for BZDYF OTC Etf analysis
When running BZDYF's price analysis, check to measure BZDYF's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BZDYF is operating at the current time. Most of BZDYF's value examination focuses on studying past and present price action to predict the probability of BZDYF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BZDYF's price. Additionally, you may evaluate how the addition of BZDYF to your portfolios can decrease your overall portfolio volatility.
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