Advisorshares Dorsey Wright Etf Technical Analysis
| AADR Etf | USD 68.24 0.37 0.55% |
As of the 1st of December, AdvisorShares Dorsey shows the Mean Deviation of 0.7591, risk adjusted performance of 0.1266, and Downside Deviation of 0.9094. AdvisorShares Dorsey technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Please confirm AdvisorShares Dorsey variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if AdvisorShares Dorsey is priced correctly, providing market reflects its regular price of 68.24 per share.
AdvisorShares Dorsey Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AdvisorShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AdvisorSharesAdvisorShares |
AdvisorShares Dorsey 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.
AdvisorShares Dorsey Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 AdvisorShares Dorsey volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AdvisorShares Dorsey Trend Analysis
Use this graph to draw trend lines for AdvisorShares Dorsey Wright. You can use it to identify possible trend reversals for AdvisorShares Dorsey 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 AdvisorShares Dorsey price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AdvisorShares Dorsey Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AdvisorShares Dorsey Wright applied against its price change over selected period. The best fit line has a slop of 0.1 , which means AdvisorShares Dorsey Wright will continue generating value for investors. It has 122 observation points and a regression sum of squares at 345.3, which is the sum of squared deviations for the predicted AdvisorShares Dorsey price change compared to its average price change.About AdvisorShares Dorsey 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 AdvisorShares Dorsey Wright 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 AdvisorShares Dorsey Wright based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on AdvisorShares Dorsey price pattern first instead of the macroeconomic environment surrounding AdvisorShares Dorsey. By analyzing AdvisorShares Dorsey'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 AdvisorShares Dorsey'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 AdvisorShares Dorsey specific price patterns or momentum indicators. Please read more on our technical analysis page.
AdvisorShares Dorsey December 1, 2024 Technical Indicators
Most technical analysis of AdvisorShares 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 AdvisorShares from various momentum indicators to cycle indicators. When you analyze AdvisorShares 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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| Risk Adjusted Performance | 0.1266 | |||
| Market Risk Adjusted Performance | 0.2547 | |||
| Mean Deviation | 0.7591 | |||
| Semi Deviation | 0.7163 | |||
| Downside Deviation | 0.9094 | |||
| Coefficient Of Variation | 615.57 | |||
| Standard Deviation | 1.01 | |||
| Variance | 1.02 | |||
| Information Ratio | 0.0263 | |||
| Jensen Alpha | 0.0738 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0292 | |||
| Treynor Ratio | 0.2447 | |||
| Maximum Drawdown | 5.12 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.61 | |||
| Downside Variance | 0.827 | |||
| Semi Variance | 0.5131 | |||
| Expected Short fall | (0.85) | |||
| Skewness | 0.3622 | |||
| Kurtosis | 1.27 |
AdvisorShares Dorsey One Year Return
Based on the recorded statements, AdvisorShares Dorsey Wright has an One Year Return of 28.9%. This is 156.43% higher than that of the AdvisorShares family and significantly higher than that of the Foreign Large Growth 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AdvisorShares Dorsey Wright. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of AdvisorShares Dorsey is measured differently than its book value, which is the value of AdvisorShares that is recorded on the company's balance sheet. Investors also form their own opinion of AdvisorShares Dorsey's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Dorsey'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 AdvisorShares Dorsey's market value can be influenced by many factors that don't directly affect AdvisorShares Dorsey'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 AdvisorShares Dorsey's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Dorsey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Dorsey'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.