Vaneck Longflat Trend Etf Technical Analysis
| LFEQ Etf | USD 43.93 0.22 0.50% |
As of the 10th of May, VanEck LongFlat has the Coefficient Of Variation of 876.06, semi deviation of 0.5861, and Risk Adjusted Performance of 0.0722. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of VanEck LongFlat Trend, as well as the relationship between them. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for VanEck LongFlat Trend, which can be compared to its competition. Please validate VanEck LongFlat Trend standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if VanEck LongFlat is priced more or less accurately, providing market reflects its prevalent price of 43.93 per share.
VanEck LongFlat Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VanEck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VanEckVanEck |
VanEck LongFlat 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.
VanEck LongFlat Trend Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 VanEck LongFlat Trend volatility. High ATR values indicate high volatility, and low values indicate low volatility.
VanEck LongFlat Trend Trend Analysis
Use this graph to draw trend lines for VanEck LongFlat Trend. You can use it to identify possible trend reversals for VanEck LongFlat 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 VanEck LongFlat price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.VanEck LongFlat Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VanEck LongFlat Trend applied against its price change over selected period. The best fit line has a slop of 0.01 , which means VanEck LongFlat Trend will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.79, which is the sum of squared deviations for the predicted VanEck LongFlat price change compared to its average price change.About VanEck LongFlat 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 VanEck LongFlat Trend 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 VanEck LongFlat Trend based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on VanEck LongFlat Trend price pattern first instead of the macroeconomic environment surrounding VanEck LongFlat Trend. By analyzing VanEck LongFlat'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 VanEck LongFlat'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 VanEck LongFlat specific price patterns or momentum indicators. Please read more on our technical analysis page.
VanEck LongFlat May 10, 2024 Technical Indicators
Most technical analysis of VanEck 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 VanEck from various momentum indicators to cycle indicators. When you analyze VanEck 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 | 0.0722 | |||
| Market Risk Adjusted Performance | 0.0832 | |||
| Mean Deviation | 0.5886 | |||
| Semi Deviation | 0.5861 | |||
| Downside Deviation | 0.7099 | |||
| Coefficient Of Variation | 876.06 | |||
| Standard Deviation | 0.7375 | |||
| Variance | 0.544 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0732 | |||
| Maximum Drawdown | 3.68 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.21 | |||
| Downside Variance | 0.5039 | |||
| Semi Variance | 0.3436 | |||
| Expected Short fall | (0.65) | |||
| Skewness | 0.0144 | |||
| Kurtosis | 0.0054 |
VanEck LongFlat Trend One Year Return
Based on the recorded statements, VanEck LongFlat Trend has an One Year Return of 23.0%. This is 542.31% lower than that of the VanEck family and significantly higher than that of the Large Blend category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.VanEck LongFlat May 10, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as VanEck stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 5.35 | ||
| Daily Balance Of Power | 0.81 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 43.80 | ||
| Day Typical Price | 43.84 | ||
| Price Action Indicator | 0.25 | ||
| Market Facilitation Index | 0.0003 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in VanEck LongFlat Trend. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the VanEck LongFlat Trend information on this page should be used as a complementary analysis to other VanEck LongFlat'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of VanEck LongFlat Trend is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck LongFlat's value that differs from its market value or its book value, called intrinsic value, which is VanEck LongFlat'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 VanEck LongFlat's market value can be influenced by many factors that don't directly affect VanEck LongFlat'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 VanEck LongFlat's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck LongFlat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck LongFlat'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.