6 Meridian Etf Forecast - Treynor Ratio
| SIXS Etf | USD 51.77 0.20 0.39% |
SIXS Etf Forecast is based on your current time horizon.
SIXS |
| Check 6 Meridian Volatility | Backtest 6 Meridian | Trend Details |
6 Meridian Trading Date Momentum
| On November 27 2024 6 Meridian Small was traded for 52.28 at the closing time. The top price for the day was 52.60 and the lowest listed price was 52.28 . The trading volume for the day was 3.9 K. The trading history from November 27, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.17% . The daily price change against the current closing price is 0.71% . |
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Other Forecasting Options for 6 Meridian
For every potential investor in SIXS, whether a beginner or expert, 6 Meridian's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SIXS Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SIXS. Basic forecasting techniques help filter out the noise by identifying 6 Meridian's price trends.6 Meridian Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with 6 Meridian etf to make a market-neutral strategy. Peer analysis of 6 Meridian could also be used in its relative valuation, which is a method of valuing 6 Meridian by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
6 Meridian Small Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of 6 Meridian's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of 6 Meridian's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
6 Meridian Market Strength Events
Market strength indicators help investors to evaluate how 6 Meridian etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 6 Meridian shares will generate the highest return on investment. By undertsting and applying 6 Meridian etf market strength indicators, traders can identify 6 Meridian Small entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 51.77 | |||
| Day Typical Price | 51.77 | |||
| Price Action Indicator | 0.1 | |||
| Period Momentum Indicator | 0.2 |
6 Meridian Risk Indicators
The analysis of 6 Meridian's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in 6 Meridian's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sixs etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7716 | |||
| Semi Deviation | 0.5342 | |||
| Standard Deviation | 1.09 | |||
| Variance | 1.18 | |||
| Downside Variance | 0.5357 | |||
| Semi Variance | 0.2853 | |||
| Expected Short fall | (0.95) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Thematic Opportunities
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Check out Historical Fundamental Analysis of 6 Meridian to cross-verify your projections. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of 6 Meridian Small is measured differently than its book value, which is the value of SIXS that is recorded on the company's balance sheet. Investors also form their own opinion of 6 Meridian's value that differs from its market value or its book value, called intrinsic value, which is 6 Meridian'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 6 Meridian's market value can be influenced by many factors that don't directly affect 6 Meridian'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 6 Meridian's value and its price as these two are different measures arrived at by different means. Investors typically determine if 6 Meridian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 6 Meridian'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.