Lyxor Index (Switzerland) Technical Analysis
| LYBNK Etf | EUR 29.37 0.01 0.03% |
As of the 16th of April 2024, Lyxor Index secures the Risk Adjusted Performance of 0.1561, downside deviation of 0.9481, and Mean Deviation of 0.5843. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lyxor Index Fund, as well as the relationship between them. Strictly speaking, you can use this information to find out if the etf will indeed mirror its model of past prices, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Lyxor Index, which can be compared to its peers in the industry. Please verify Lyxor Index Fund coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Lyxor Index Fund is priced some-what accurately, providing market reflects its recent price of 29.37 per share.
Lyxor Index Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lyxor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LyxorLyxor |
Lyxor Index 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.
Lyxor Index Fund 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 Lyxor Index Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lyxor Index Fund Trend Analysis
Use this graph to draw trend lines for Lyxor Index Fund. You can use it to identify possible trend reversals for Lyxor Index 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 Lyxor Index price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lyxor Index Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lyxor Index Fund applied against its price change over selected period. The best fit line has a slop of 0.09 , which means Lyxor Index Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 297.82, which is the sum of squared deviations for the predicted Lyxor Index price change compared to its average price change.About Lyxor Index 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 Lyxor Index Fund 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 Lyxor Index Fund based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Lyxor Index Fund price pattern first instead of the macroeconomic environment surrounding Lyxor Index Fund. By analyzing Lyxor Index'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 Lyxor Index'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 Lyxor Index specific price patterns or momentum indicators. Please read more on our technical analysis page.
Lyxor Index April 16, 2024 Technical Indicators
Most technical analysis of Lyxor 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 Lyxor from various momentum indicators to cycle indicators. When you analyze Lyxor 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 | 0.1561 | |||
| Market Risk Adjusted Performance | 0.9179 | |||
| Mean Deviation | 0.5843 | |||
| Semi Deviation | 0.6053 | |||
| Downside Deviation | 0.9481 | |||
| Coefficient Of Variation | 406.28 | |||
| Standard Deviation | 0.7577 | |||
| Variance | 0.5741 | |||
| Information Ratio | 0.1634 | |||
| Jensen Alpha | 0.1663 | |||
| Total Risk Alpha | 0.1128 | |||
| Sortino Ratio | 0.1306 | |||
| Treynor Ratio | 0.9079 | |||
| Maximum Drawdown | 2.94 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.17 | |||
| Downside Variance | 0.8989 | |||
| Semi Variance | 0.3663 | |||
| Expected Short fall | (0.64) | |||
| Skewness | (0.76) | |||
| Kurtosis | 1.0 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lyxor Index Fund. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.