Dude Etf Technical Analysis
| DUDE Etf | USD 20.01 0.00 0.00% |
As of the 24th of April, DUDE shows the Variance of 0.3753, mean deviation of 0.3072, and Standard Deviation of 0.6126. DUDE technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 were able to break down thirteen technical drivers for DUDE, which can be compared to its peers. Please confirm DUDE standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if DUDE is priced adequately, providing market reflects its regular price of 20.01 per share.
DUDE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DUDE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DUDEDUDE |
DUDE 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.
DUDE Technical Analysis
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DUDE Trend Analysis
Use this graph to draw trend lines for DUDE. You can use it to identify possible trend reversals for DUDE 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 DUDE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DUDE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DUDE applied against its price change over selected period. The best fit line has a slop of 0.0029 , which may suggest that DUDE market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.32, which is the sum of squared deviations for the predicted DUDE price change compared to its average price change.About DUDE 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 DUDE 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 DUDE based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on DUDE price pattern first instead of the macroeconomic environment surrounding DUDE. By analyzing DUDE'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 DUDE'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 DUDE specific price patterns or momentum indicators. Please read more on our technical analysis page.
DUDE April 24, 2024 Technical Indicators
Most technical analysis of DUDE 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 DUDE from various momentum indicators to cycle indicators. When you analyze DUDE 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (4.94) | |||
| Mean Deviation | 0.3072 | |||
| Coefficient Of Variation | (681.43) | |||
| Standard Deviation | 0.6126 | |||
| Variance | 0.3753 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (4.95) | |||
| Maximum Drawdown | 3.74 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 0.4449 | |||
| Skewness | (2.42) | |||
| Kurtosis | 8.19 |
Check out Investing Opportunities 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 unemployment. Note that the DUDE information on this page should be used as a complementary analysis to other DUDE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of DUDE is measured differently than its book value, which is the value of DUDE that is recorded on the company's balance sheet. Investors also form their own opinion of DUDE's value that differs from its market value or its book value, called intrinsic value, which is DUDE'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 DUDE's market value can be influenced by many factors that don't directly affect DUDE'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 DUDE's value and its price as these two are different measures arrived at by different means. Investors typically determine if DUDE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DUDE'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.