Alabama Tax Free Bond Etf Technical Analysis
| ALABX Etf | USD 13.79 0.01 0.07% |
As of the 3rd of December, ALABAMA TAX owns the coefficient of variation of 571.3, and Market Risk Adjusted Performance of 0.1438. ALABAMA TAX FREE BOND technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices.
ALABAMA TAX Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ALABAMA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ALABAMAALABAMA |
ALABAMA TAX 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.
ALABAMA TAX FREE Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 ALABAMA TAX FREE volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ALABAMA TAX FREE Trend Analysis
Use this graph to draw trend lines for ALABAMA TAX FREE BOND. You can use it to identify possible trend reversals for ALABAMA TAX 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 ALABAMA TAX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ALABAMA TAX Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ALABAMA TAX FREE BOND applied against its price change over selected period. The best fit line has a slop of 0.01 , which means ALABAMA TAX FREE BOND will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.49, which is the sum of squared deviations for the predicted ALABAMA TAX price change compared to its average price change.About ALABAMA TAX 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 ALABAMA TAX FREE BOND 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 ALABAMA TAX FREE BOND based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ALABAMA TAX FREE price pattern first instead of the macroeconomic environment surrounding ALABAMA TAX FREE. By analyzing ALABAMA TAX'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 ALABAMA TAX'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 ALABAMA TAX specific price patterns or momentum indicators. Please read more on our technical analysis page.
ALABAMA TAX December 3, 2024 Technical Indicators
Most technical analysis of ALABAMA 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 ALABAMA from various momentum indicators to cycle indicators. When you analyze ALABAMA 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 | 0.1275 | |||
| Market Risk Adjusted Performance | 0.1438 | |||
| Mean Deviation | 0.3509 | |||
| Semi Deviation | 0.2776 | |||
| Downside Deviation | 0.4743 | |||
| Coefficient Of Variation | 571.3 | |||
| Standard Deviation | 0.4706 | |||
| Variance | 0.2214 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | 0.0106 | |||
| Total Risk Alpha | 0.002 | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1338 | |||
| Maximum Drawdown | 2.53 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.7776 | |||
| Downside Variance | 0.2249 | |||
| Semi Variance | 0.0771 | |||
| Expected Short fall | (0.39) | |||
| Skewness | 0.04 | |||
| Kurtosis | 1.35 |
Other Information on Investing in ALABAMA Etf
ALABAMA TAX financial ratios help investors to determine whether ALABAMA 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 ALABAMA with respect to the benefits of owning ALABAMA TAX security.