Breakwave Dry Bulk Etf Technical Analysis
| BDRY Etf | USD 7.41 0.04 0.54% |
As of the 27th of November, Breakwave Dry shows the mean deviation of 2.17, and Risk Adjusted Performance of (0.16). Breakwave Dry Bulk 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.
Breakwave Dry Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Breakwave, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BreakwaveBreakwave |
Breakwave Dry 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.
Breakwave Dry Bulk Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Breakwave Dry Bulk volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Breakwave Dry Bulk Trend Analysis
Use this graph to draw trend lines for Breakwave Dry Bulk. You can use it to identify possible trend reversals for Breakwave Dry 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 Breakwave Dry price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Breakwave Dry Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Breakwave Dry Bulk applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Breakwave Dry Bulk market price will keep on failing further. It has 122 observation points and a regression sum of squares at 164.91, which is the sum of squared deviations for the predicted Breakwave Dry price change compared to its average price change.About Breakwave Dry 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 Breakwave Dry Bulk 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 Breakwave Dry Bulk based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Breakwave Dry Bulk price pattern first instead of the macroeconomic environment surrounding Breakwave Dry Bulk. By analyzing Breakwave Dry'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 Breakwave Dry'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 Breakwave Dry specific price patterns or momentum indicators. Please read more on our technical analysis page.
Breakwave Dry November 27, 2024 Technical Indicators
Most technical analysis of Breakwave 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 Breakwave from various momentum indicators to cycle indicators. When you analyze Breakwave 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 | (0.16) | |||
| Market Risk Adjusted Performance | (0.99) | |||
| Mean Deviation | 2.17 | |||
| Coefficient Of Variation | (450.50) | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.28 | |||
| Information Ratio | (0.27) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | (1.00) | |||
| Maximum Drawdown | 10.52 | |||
| Value At Risk | (5.12) | |||
| Potential Upside | 3.8 | |||
| Skewness | (0.11) | |||
| Kurtosis | (0.67) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Breakwave Dry Bulk. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Breakwave Dry Bulk is measured differently than its book value, which is the value of Breakwave that is recorded on the company's balance sheet. Investors also form their own opinion of Breakwave Dry's value that differs from its market value or its book value, called intrinsic value, which is Breakwave Dry'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 Breakwave Dry's market value can be influenced by many factors that don't directly affect Breakwave Dry'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 Breakwave Dry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Breakwave Dry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Breakwave Dry'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.