Brookstone Ultra Short Bond Etf Technical Analysis
BAMU Etf | 25.47 0.01 0.04% |
As of the 27th of November, Brookstone Ultra shows the Coefficient Of Variation of 353.1, risk adjusted performance of 0.0974, and Mean Deviation of 0.0458. Brookstone Ultra Short 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.
Brookstone Ultra Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Brookstone, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BrookstoneBrookstone |
Brookstone Ultra 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.
Brookstone Ultra Short Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Brookstone Ultra Short volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Brookstone Ultra Short Trend Analysis
Use this graph to draw trend lines for Brookstone Ultra Short Bond. You can use it to identify possible trend reversals for Brookstone Ultra 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 Brookstone Ultra price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Brookstone Ultra Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Brookstone Ultra Short Bond applied against its price change over selected period. The best fit line has a slop of 0 , which means Brookstone Ultra Short Bond will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.56, which is the sum of squared deviations for the predicted Brookstone Ultra price change compared to its average price change.About Brookstone Ultra 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 Brookstone Ultra Short 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 Brookstone Ultra Short Bond based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Brookstone Ultra Short price pattern first instead of the macroeconomic environment surrounding Brookstone Ultra Short. By analyzing Brookstone Ultra'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 Brookstone Ultra'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 Brookstone Ultra specific price patterns or momentum indicators. Please read more on our technical analysis page.
Brookstone Ultra November 27, 2024 Technical Indicators
Most technical analysis of Brookstone 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 Brookstone from various momentum indicators to cycle indicators. When you analyze Brookstone 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 | 0.0974 | |||
Market Risk Adjusted Performance | 2.19 | |||
Mean Deviation | 0.0458 | |||
Downside Deviation | 0.0636 | |||
Coefficient Of Variation | 353.1 | |||
Standard Deviation | 0.0592 | |||
Variance | 0.0035 | |||
Information Ratio | (1.92) | |||
Jensen Alpha | 0.0064 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | (1.79) | |||
Treynor Ratio | 2.18 | |||
Maximum Drawdown | 0.3164 | |||
Value At Risk | (0.08) | |||
Potential Upside | 0.1185 | |||
Downside Variance | 0.004 | |||
Semi Variance | (0.02) | |||
Expected Short fall | (0.07) | |||
Skewness | 0.454 | |||
Kurtosis | 0.7742 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookstone Ultra Short Bond. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Brookstone Ultra Short is measured differently than its book value, which is the value of Brookstone that is recorded on the company's balance sheet. Investors also form their own opinion of Brookstone Ultra's value that differs from its market value or its book value, called intrinsic value, which is Brookstone Ultra'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 Brookstone Ultra's market value can be influenced by many factors that don't directly affect Brookstone Ultra'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 Brookstone Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookstone Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookstone Ultra'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.