Aptus Drawdown Managed Etf Technical Analysis
| ADME Etf | USD 48.03 0.10 0.21% |
As of the 31st of January, Aptus Drawdown shows the Risk Adjusted Performance of 0.0518, mean deviation of 0.5435, and Downside Deviation of 0.8776. Aptus Drawdown Managed 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 Aptus Drawdown Managed treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Aptus Drawdown Managed is priced correctly, providing market reflects its regular price of 48.03 per share.
Aptus Drawdown Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aptus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AptusAptus |
Aptus Drawdown 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.
Aptus Drawdown Managed Technical Analysis
The output start index for this execution was fourty-five with a total number of output elements of sixteen. 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 Aptus Drawdown Managed volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Aptus Drawdown Managed Trend Analysis
Use this graph to draw trend lines for Aptus Drawdown Managed. You can use it to identify possible trend reversals for Aptus Drawdown 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 Aptus Drawdown price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Aptus Drawdown Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aptus Drawdown Managed applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Aptus Drawdown Managed will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.11, which is the sum of squared deviations for the predicted Aptus Drawdown price change compared to its average price change.About Aptus Drawdown 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 Aptus Drawdown Managed 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 Aptus Drawdown Managed based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Aptus Drawdown Managed price pattern first instead of the macroeconomic environment surrounding Aptus Drawdown Managed. By analyzing Aptus Drawdown'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 Aptus Drawdown'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 Aptus Drawdown specific price patterns or momentum indicators. Please read more on our technical analysis page.
Aptus Drawdown January 31, 2025 Technical Indicators
Most technical analysis of Aptus 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 Aptus from various momentum indicators to cycle indicators. When you analyze Aptus 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0518 | |||
| Market Risk Adjusted Performance | 0.1202 | |||
| Mean Deviation | 0.5435 | |||
| Semi Deviation | 0.7724 | |||
| Downside Deviation | 0.8776 | |||
| Coefficient Of Variation | 1581.59 | |||
| Standard Deviation | 0.7592 | |||
| Variance | 0.5764 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | 0.007 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1102 | |||
| Maximum Drawdown | 4.34 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.22 | |||
| Downside Variance | 0.7702 | |||
| Semi Variance | 0.5966 | |||
| Expected Short fall | (0.53) | |||
| Skewness | (0.64) | |||
| Kurtosis | 1.77 |
Aptus Drawdown January 31, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Aptus stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 39.60 | ||
| Daily Balance Of Power | 0.30 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 47.92 | ||
| Day Typical Price | 47.95 | ||
| Price Action Indicator | 0.17 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptus Drawdown Managed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Aptus Drawdown Managed is measured differently than its book value, which is the value of Aptus that is recorded on the company's balance sheet. Investors also form their own opinion of Aptus Drawdown's value that differs from its market value or its book value, called intrinsic value, which is Aptus Drawdown'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 Aptus Drawdown's market value can be influenced by many factors that don't directly affect Aptus Drawdown'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 Aptus Drawdown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptus Drawdown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptus Drawdown'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.