Xtrackers Usd High Etf Technical Analysis
BHYB Etf | 54.25 0.08 0.15% |
As of the 31st of January, Xtrackers USD maintains the Downside Deviation of 0.2546, market risk adjusted performance of 0.213, and Mean Deviation of 0.1707. Xtrackers USD High technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the etf's future prices.
Xtrackers USD Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Xtrackers, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to XtrackersXtrackers |
Xtrackers USD 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.
Xtrackers USD High 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 Xtrackers USD High volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Xtrackers USD High Trend Analysis
Use this graph to draw trend lines for Xtrackers USD High. You can use it to identify possible trend reversals for Xtrackers USD 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 Xtrackers USD price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Xtrackers USD Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Xtrackers USD High applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Xtrackers USD High will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.09, which is the sum of squared deviations for the predicted Xtrackers USD price change compared to its average price change.About Xtrackers USD 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 Xtrackers USD High 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 Xtrackers USD High based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Xtrackers USD High price pattern first instead of the macroeconomic environment surrounding Xtrackers USD High. By analyzing Xtrackers USD'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 Xtrackers USD'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 Xtrackers USD specific price patterns or momentum indicators. Please read more on our technical analysis page.
Xtrackers USD January 31, 2025 Technical Indicators
Most technical analysis of Xtrackers 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 Xtrackers from various momentum indicators to cycle indicators. When you analyze Xtrackers 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 | 0.0713 | |||
Market Risk Adjusted Performance | 0.213 | |||
Mean Deviation | 0.1707 | |||
Semi Deviation | 0.1733 | |||
Downside Deviation | 0.2546 | |||
Coefficient Of Variation | 869.07 | |||
Standard Deviation | 0.2401 | |||
Variance | 0.0576 | |||
Information Ratio | (0.30) | |||
Jensen Alpha | 0.0098 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.28) | |||
Treynor Ratio | 0.203 | |||
Maximum Drawdown | 1.34 | |||
Value At Risk | (0.30) | |||
Potential Upside | 0.2808 | |||
Downside Variance | 0.0648 | |||
Semi Variance | 0.03 | |||
Expected Short fall | (0.18) | |||
Skewness | (0.70) | |||
Kurtosis | 5.02 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xtrackers USD High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Xtrackers USD High is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers USD's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers USD'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 Xtrackers USD's market value can be influenced by many factors that don't directly affect Xtrackers USD'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 Xtrackers USD's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers USD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers USD'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.