VeChain Technical Analysis
| VET Crypto | USD 0.04 0.0003 0.72% |
As of the 23rd of April, VeChain owns the downside deviation of 4.94, and Risk Adjusted Performance of 0.0977. Relative to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of VeChain, as well as the relationship between them. Strictly speaking, you can use this information to find out if the crypto will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for VeChain, which can be compared to its peers in the sector. Please validate VeChain coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if VeChain is priced favorably, providing market reflects its prevailing price of 0.0419 per share.
VeChain Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VeChain, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VeChainVeChain |
VeChain technical crypto coin 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, crypto market cycles, or different charting patterns.
VeChain 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 VeChain volatility. High ATR values indicate high volatility, and low values indicate low volatility.
VeChain Trend Analysis
Use this graph to draw trend lines for VeChain. You can use it to identify possible trend reversals for VeChain 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 VeChain price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.VeChain Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VeChain applied against its price change over selected period. The best fit line has a slop of 0.0001 , which means VeChain will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted VeChain price change compared to its average price change.About VeChain 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 VeChain 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 VeChain based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on VeChain price pattern first instead of the macroeconomic environment surrounding VeChain. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of VeChain's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to VeChain specific price patterns or momentum indicators.
VeChain April 23, 2024 Technical Indicators
Most technical analysis of VeChain 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 VeChain from various momentum indicators to cycle indicators. When you analyze VeChain 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 | 0.0977 | |||
| Market Risk Adjusted Performance | 0.8482 | |||
| Mean Deviation | 4.09 | |||
| Semi Deviation | 4.54 | |||
| Downside Deviation | 4.94 | |||
| Coefficient Of Variation | 693.68 | |||
| Standard Deviation | 5.95 | |||
| Variance | 35.37 | |||
| Information Ratio | 0.1292 | |||
| Jensen Alpha | 0.7673 | |||
| Total Risk Alpha | 0.082 | |||
| Sortino Ratio | 0.1556 | |||
| Treynor Ratio | 0.8382 | |||
| Maximum Drawdown | 41.47 | |||
| Value At Risk | (8.69) | |||
| Potential Upside | 9.89 | |||
| Downside Variance | 24.38 | |||
| Semi Variance | 20.59 | |||
| Expected Short fall | (4.70) | |||
| Skewness | 1.24 | |||
| Kurtosis | 5.87 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VeChain. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.