Madison Covered Call ETF Key Technical Indicators

CVRD ETF

18.59 -0.08 -0.43%

Madison Covered is classified in the Derivative Income category and is typically evaluated through NAV behavior, yield profile, volatility, and portfolio exposure rather than operating-company ratios. The one-year return is 15.0%. In Current reporting cycle, Madison Covered posts the RSI momentum reading reading of 55, consistent with balanced price action. A reading near 50 often appears during transitional phases when a prior trend is consolidating before resuming or reversing.

Momentum

OversoldOverbought

55 · Neutral

As of the 9th of May, Madison Covered prints 18.59 per share on the tape. Available indicator data includes Mean Deviation of 0.4795, risk adjusted performance of 0.0092, and Downside Deviation of 0.7244. Market dynamics are evaluated through structured indicator analysis. Indicator dispersion is evaluated across similar market participants.

For wider screening beyond Madison Covered, explore the Fund Screeners module. The screening framework complements this analysis with cross-fund context.

Madison Covered's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be a good short-term indicator of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

One Year Return

(Mean of Monthly Returns - 1)

X

100%

Current Madison Covered One Year Return

15.00 %

One Year Return is one of several reported inputs that can add context to a broader review of Madison Covered Call. Because investors are buying portfolio exposure rather than an operating business, fund valuation relies more heavily on NAV-related measures and distribution characteristics.

Competition

Main Technical Indicators as of May 9, 2026

	Cycle Indicators
	Math Operators
	Math Transform
	Momentum Indicators
	Overlap Studies
	Pattern Recognition
	Price Transform
	Statistic Functions
	Volatility Indicators
	Volume Indicators

	Risk Adjusted Performance	0.0092
	Market Risk Adjusted Performance	0.0088
	Mean Deviation	0.4795
	Semi Deviation	0.6477
	Downside Deviation	0.7244
	Coefficient Of Variation	6890.59
	Standard Deviation	0.6502
	Variance	0.4228
	Information Ratio	0.0338
	Jensen Alpha	0.0103
	Total Risk Alpha	0.0153
	Sortino Ratio	0.0304
	Treynor Ratio	-0.0012
	Maximum Drawdown	2.5
	Value At Risk	-1.24
	Potential Upside	0.932
	Downside Variance	0.5247
	Semi Variance	0.4196
	Expected Short fall	-0.50
	Skewness	-0.11
	Kurtosis	0.6058

Daily Market Strength Indicators

Rate of Change and Momentum readings for Madison Covered measure the velocity of recent price moves rather than direction alone. These indicators add context to how recent sessions in Madison Covered have behaved. These indicators are most informative when viewed alongside Madison Covered's volume profile and volatility measures. The Price Action Indicator distills each session's open-high-low-close into a single directional score for Madison Covered.

	Rate Of Daily Change	1.0
	Day Median Price	18.59
	Day Typical Price	18.59
	Price Action Indicator	-0.04
	Period Momentum Indicator	-0.08
	Relative Strength Index	55.01

Basic Forecasting Models

Fibonacci retracement levels applied to Madison Covered ETF price swings identify potential support and resistance zones. Extreme price moves in Madison Covered occur more frequently than standard risk models assume. Support and resistance levels derived from Madison Covered's historical data identify zones where buying or selling pressure has stalled moves. A volume spike without a corresponding price move signals accumulation or distribution ahead of a directional breakout.

Madison Covered Comparable Funds

These peer funds help position Madison Covered within a broader category rather than against operating businesses. Useful comparisons usually include net asset value behavior, total return, volatility, distribution profile, and leverage.

SGI Enhanced Nasdaq 100 Matthews International Funds Collaborative Investment Series Touchstone International Equity Avantis Moderate Allocation Invesco DWA Energy Siren Nasdaq NexGen Defiance Large Cap Xtrackers Emerging Markets John Hancock Exchange Traded American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup

Risk & Return

Correlation

One Year Return Peer Comparison

Analyzing Madison Covered's One Year Return relative to peer ETFs adds category context to the fund's reported metrics. For funds, the goal is usually to compare portfolio structure, cost profile, leverage, and distribution characteristics alongside the reported ratio. Outlier readings on One Year Return among peer funds often deserve review, but they rarely tell the whole story by themselves. Used properly, the peer view helps investors judge whether Madison Covered looks typical or unusual within its fund universe.

Madison Covered is currently under evaluation for one year return among peer ETFs.

Fund Metrics Relationships

One Year Return

Year To Date Return

Financial Metrics, Fundamentals & Methodology

Reviewing Madison Covered begins with sector weights, top holdings concentration, and tracking structure. Implementation details can create persistent tracking difference over time.

Reported values for Madison Covered Call are derived from fund disclosures and market reference feeds and standardized for analysis. Accounting-line values follow GAAP or IFRS structures as published in issuer filings.

Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board

	Naive Prediction
	Simple Exponential Smoothing
	Double Exponential Smoothing
	Triple Exponential Smoothing
	Simple Regression
	Polynomial Regression
	Simple Moving Average
	4 Period Moving Average
	8 Period Moving Average
	20 Period Moving Average