Flexshares Ready Access Etf Technical Analysis
| RAVI Etf | USD 75.37 0.02 0.03% |
As of the 24th of April, FlexShares Ready shows the Standard Deviation of 0.0239, coefficient of variation of 111.35, and Mean Deviation of 0.0188. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of FlexShares Ready, 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 and analyze data for eighteen technical drivers for FlexShares Ready Access, which can be compared to its peers. Please confirm FlexShares Ready Access downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if FlexShares Ready Access is priced favorably, providing market reflects its regular price of 75.37 per share.
FlexShares Ready Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FlexShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FlexSharesFlexShares |
FlexShares Ready 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.
FlexShares Ready Access Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 FlexShares Ready Access volatility. High ATR values indicate high volatility, and low values indicate low volatility.
FlexShares Ready Access Trend Analysis
Use this graph to draw trend lines for FlexShares Ready Access. You can use it to identify possible trend reversals for FlexShares Ready 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 FlexShares Ready price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.FlexShares Ready Best Fit Change Line
The following chart estimates an ordinary least squares regression model for FlexShares Ready Access applied against its price change over selected period. The best fit line has a slop of 0.02 , which means FlexShares Ready Access will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.99, which is the sum of squared deviations for the predicted FlexShares Ready price change compared to its average price change.About FlexShares Ready 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 FlexShares Ready Access 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 FlexShares Ready Access based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on FlexShares Ready Access price pattern first instead of the macroeconomic environment surrounding FlexShares Ready Access. By analyzing FlexShares Ready'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 FlexShares Ready'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 FlexShares Ready specific price patterns or momentum indicators. Please read more on our technical analysis page.
FlexShares Ready April 24, 2024 Technical Indicators
Most technical analysis of FlexShares 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 FlexShares from various momentum indicators to cycle indicators. When you analyze FlexShares 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.3091 | |||
| Market Risk Adjusted Performance | 0.92 | |||
| Mean Deviation | 0.0188 | |||
| Downside Deviation | 0.025 | |||
| Coefficient Of Variation | 111.35 | |||
| Standard Deviation | 0.0239 | |||
| Variance | 6.0E-4 | |||
| Information Ratio | (3.09) | |||
| Jensen Alpha | 0.0104 | |||
| Total Risk Alpha | 0.0082 | |||
| Sortino Ratio | (2.96) | |||
| Treynor Ratio | 0.91 | |||
| Maximum Drawdown | 0.1074 | |||
| Value At Risk | (0.01) | |||
| Potential Upside | 0.0538 | |||
| Downside Variance | 6.0E-4 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.03) | |||
| Skewness | (0.44) | |||
| Kurtosis | 0.1628 |
FlexShares Ready Access One Year Return
Based on the recorded statements, FlexShares Ready Access has an One Year Return of 5.8%. This is 172.32% lower than that of the Flexshares Trust family and significantly higher than that of the Ultrashort Bond 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in FlexShares Ready Access. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of FlexShares Ready Access is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Ready's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Ready'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 FlexShares Ready's market value can be influenced by many factors that don't directly affect FlexShares Ready'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 FlexShares Ready's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Ready is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Ready'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.