MULTI UNITS (Switzerland) Technical Analysis
LYDAX Etf | EUR 167.98 0.08 0.05% |
As of the 28th of March, MULTI UNITS secures the mean deviation of 0.3937, and Risk Adjusted Performance of 0.131. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MULTI-UNITS LUXEMBOURG, 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 have analyzed and interpolated nineteen technical drivers for MULTI UNITS, which can be compared to its peers in the industry. Please verify MULTI-UNITS LUXEMBOURG coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if MULTI UNITS LUXEMBOURG is priced more or less accurately, providing market reflects its recent price of 167.98 per share.
MULTI UNITS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MULTI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MULTIMULTI |
MULTI UNITS 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.
MULTI-UNITS LUXEMBOURG Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 MULTI-UNITS LUXEMBOURG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MULTI-UNITS LUXEMBOURG Trend Analysis
Use this graph to draw trend lines for MULTI UNITS LUXEMBOURG . You can use it to identify possible trend reversals for MULTI UNITS 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 MULTI UNITS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MULTI UNITS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MULTI UNITS LUXEMBOURG applied against its price change over selected period. The best fit line has a slop of 0.27 , which means MULTI UNITS LUXEMBOURG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2816.4, which is the sum of squared deviations for the predicted MULTI UNITS price change compared to its average price change.About MULTI UNITS 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 MULTI UNITS LUXEMBOURG 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 MULTI UNITS LUXEMBOURG based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on MULTI-UNITS LUXEMBOURG price pattern first instead of the macroeconomic environment surrounding MULTI-UNITS LUXEMBOURG. By analyzing MULTI UNITS'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 MULTI UNITS'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 MULTI UNITS specific price patterns or momentum indicators. Please read more on our technical analysis page.
MULTI UNITS March 28, 2024 Technical Indicators
Most technical analysis of MULTI 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 MULTI from various momentum indicators to cycle indicators. When you analyze MULTI 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 | 0.131 | |||
Market Risk Adjusted Performance | (1.22) | |||
Mean Deviation | 0.3937 | |||
Semi Deviation | 0.2391 | |||
Downside Deviation | 0.5454 | |||
Coefficient Of Variation | 422.96 | |||
Standard Deviation | 0.54 | |||
Variance | 0.2916 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | 0.1296 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (1.23) | |||
Maximum Drawdown | 2.37 | |||
Value At Risk | (0.84) | |||
Potential Upside | 0.8902 | |||
Downside Variance | 0.2975 | |||
Semi Variance | 0.0572 | |||
Expected Short fall | (0.44) | |||
Skewness | 0.0278 | |||
Kurtosis | 0.6701 |
MULTI-UNITS LUXEMBOURG One Year Return
Based on the recorded statements, MULTI UNITS LUXEMBOURG has an One Year Return of 0.1%. This is 102.7% lower than that of the Lyxor International Asset Management S.A.S. family and 102.7% lower than that of the One Year Return category. The one year return for all Switzerland etfs is 110.31% 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MULTI UNITS LUXEMBOURG . Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for MULTI Etf analysis
When running MULTI UNITS's price analysis, check to measure MULTI UNITS'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 MULTI UNITS is operating at the current time. Most of MULTI UNITS's value examination focuses on studying past and present price action to predict the probability of MULTI UNITS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MULTI UNITS's price. Additionally, you may evaluate how the addition of MULTI UNITS to your portfolios can decrease your overall portfolio volatility.
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