GraniteShares (UK) Technical Analysis
| 3STE Etf | 0.51 0.04 8.51% |
As of the 28th of November, GraniteShares retains the market risk adjusted performance of 0.4609, and Risk Adjusted Performance of (0.14). Our technical analysis interface lets you check existing technical drivers of GraniteShares 3x Short, as well as the relationship between them. Please check out GraniteShares 3x Short coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if GraniteShares is priced fairly, providing market reflects its last-minute price of 0.51 per share.
GraniteShares Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as GraniteShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GraniteSharesGraniteShares |
GraniteShares 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.
GraniteShares 3x Short 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 GraniteShares 3x Short volatility. High ATR values indicate high volatility, and low values indicate low volatility.
GraniteShares 3x Short Trend Analysis
Use this graph to draw trend lines for GraniteShares 3x Short. You can use it to identify possible trend reversals for GraniteShares 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 GraniteShares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.GraniteShares Best Fit Change Line
The following chart estimates an ordinary least squares regression model for GraniteShares 3x Short applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that GraniteShares 3x Short market price will keep on failing further. It has 122 observation points and a regression sum of squares at 113.59, which is the sum of squared deviations for the predicted GraniteShares price change compared to its average price change.About GraniteShares 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 GraniteShares 3x Short 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 GraniteShares 3x Short based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on GraniteShares 3x Short price pattern first instead of the macroeconomic environment surrounding GraniteShares 3x Short. By analyzing GraniteShares'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 GraniteShares'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 GraniteShares specific price patterns or momentum indicators. Please read more on our technical analysis page.
GraniteShares November 28, 2024 Technical Indicators
Most technical analysis of GraniteShares 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 GraniteShares from various momentum indicators to cycle indicators. When you analyze GraniteShares 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 | (0.14) | |||
| Market Risk Adjusted Performance | 0.4609 | |||
| Mean Deviation | 8.34 | |||
| Coefficient Of Variation | (506.39) | |||
| Standard Deviation | 12.32 | |||
| Variance | 151.88 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (1.82) | |||
| Total Risk Alpha | (4.30) | |||
| Treynor Ratio | 0.4509 | |||
| Maximum Drawdown | 77.5 | |||
| Value At Risk | (19.28) | |||
| Potential Upside | 12.89 | |||
| Skewness | (1.54) | |||
| Kurtosis | 4.75 |
Other Information on Investing in GraniteShares Etf
GraniteShares financial ratios help investors to determine whether GraniteShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GraniteShares with respect to the benefits of owning GraniteShares security.