Alpha Blue Capital Etf Technical Analysis
| ABCS Etf | 30.33 0.38 1.27% |
As of the 25th of November, Alpha Blue shows the Risk Adjusted Performance of 0.1045, downside deviation of 1.37, and Mean Deviation of 0.8093. Alpha Blue Capital 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 Alpha Blue Capital jensen alpha, as well as the relationship between the potential upside and skewness to decide if Alpha Blue Capital is priced correctly, providing market reflects its regular price of 30.33 per share.
Alpha Blue Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alpha, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlphaAlpha |
Alpha Blue 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.
Alpha Blue Capital Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Alpha Blue Capital volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alpha Blue Capital Trend Analysis
Use this graph to draw trend lines for Alpha Blue Capital. You can use it to identify possible trend reversals for Alpha Blue 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 Alpha Blue price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alpha Blue Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alpha Blue Capital applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Alpha Blue Capital will continue generating value for investors. It has 122 observation points and a regression sum of squares at 74.95, which is the sum of squared deviations for the predicted Alpha Blue price change compared to its average price change.About Alpha Blue 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 Alpha Blue Capital 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 Alpha Blue Capital based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Alpha Blue Capital price pattern first instead of the macroeconomic environment surrounding Alpha Blue Capital. By analyzing Alpha Blue'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 Alpha Blue'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 Alpha Blue specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alpha Blue November 25, 2024 Technical Indicators
Most technical analysis of Alpha 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 Alpha from various momentum indicators to cycle indicators. When you analyze Alpha 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 | 0.1045 | |||
| Market Risk Adjusted Performance | 0.1383 | |||
| Mean Deviation | 0.8093 | |||
| Semi Deviation | 1.11 | |||
| Downside Deviation | 1.37 | |||
| Coefficient Of Variation | 763.86 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.69 | |||
| Information Ratio | 0.0303 | |||
| Jensen Alpha | 0.0094 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0287 | |||
| Treynor Ratio | 0.1283 | |||
| Maximum Drawdown | 8.34 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.59 | |||
| Downside Variance | 1.88 | |||
| Semi Variance | 1.24 | |||
| Expected Short fall | (0.90) | |||
| Skewness | (0.98) | |||
| Kurtosis | 10.57 |
Alpha Blue Capital One Year Return
Based on the recorded statements, Alpha Blue Capital has an One Year Return of -19.32%. This is 301.67% lower than that of the Guggenheim Investments family and notably lower than that of the Mid-Cap Blend category. The one year return for all United States etfs is notably higher than that of the company.
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 Alpha Blue Capital. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Alpha Blue Capital is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Blue's value that differs from its market value or its book value, called intrinsic value, which is Alpha Blue'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 Alpha Blue's market value can be influenced by many factors that don't directly affect Alpha Blue'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 Alpha Blue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Blue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Blue'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.