Exchange Traded Concepts Etf Technical Analysis
As of the 25th of April, Exchange Traded shows the Standard Deviation of 1.37, mean deviation of 0.6287, and Coefficient Of Variation of (77,495). In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Exchange Traded, 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 were able to interpolate data for thirteen technical drivers for Exchange Traded Concepts, which can be compared to its peers. Please confirm Exchange Traded Concepts mean deviation and maximum drawdown to decide if Exchange Traded Concepts is priced favorably, providing market reflects its regular price of 0.0 per share.
Exchange Traded Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Exchange, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ExchangeExchange |
Exchange Traded 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.
Exchange Traded Concepts Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Exchange Traded Concepts Trend Analysis
Use this graph to draw trend lines for Exchange Traded Concepts. You can use it to identify possible trend reversals for Exchange Traded 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 Exchange Traded price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Exchange Traded Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Exchange Traded Concepts applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Exchange Traded Concepts market price will keep on failing further. It has 122 observation points and a regression sum of squares at 20.71, which is the sum of squared deviations for the predicted Exchange Traded price change compared to its average price change.About Exchange Traded 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 Exchange Traded Concepts 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 Exchange Traded Concepts based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Exchange Traded Concepts price pattern first instead of the macroeconomic environment surrounding Exchange Traded Concepts. By analyzing Exchange Traded'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 Exchange Traded'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 Exchange Traded specific price patterns or momentum indicators. Please read more on our technical analysis page.
Exchange Traded April 25, 2024 Technical Indicators
Most technical analysis of Exchange 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 Exchange from various momentum indicators to cycle indicators. When you analyze Exchange 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 | 0.0046 | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 0.6287 | |||
| Coefficient Of Variation | (77,495) | |||
| Standard Deviation | 1.37 | |||
| Variance | 1.87 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 11.15 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.16 | |||
| Skewness | (5.88) | |||
| Kurtosis | 42.37 |
Check out Your Equity Center 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 american community survey. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.