Flexshares Core Select Etf Technical Analysis
| BNDC Etf | USD 22.23 0.07 0.32% |
As of the 29th of November, FlexShares Core shows the Mean Deviation of 0.2309, standard deviation of 0.3139, and Variance of 0.0985. FlexShares Core Select technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
FlexShares Core Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FlexShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FlexSharesFlexShares |
FlexShares Core 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.
FlexShares Core Select 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 FlexShares Core Select volatility. High ATR values indicate high volatility, and low values indicate low volatility.
FlexShares Core Select Trend Analysis
Use this graph to draw trend lines for FlexShares Core Select. You can use it to identify possible trend reversals for FlexShares Core 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 FlexShares Core price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.FlexShares Core Best Fit Change Line
The following chart estimates an ordinary least squares regression model for FlexShares Core Select applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that FlexShares Core Select market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9.27, which is the sum of squared deviations for the predicted FlexShares Core price change compared to its average price change.About FlexShares Core 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 FlexShares Core Select 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 FlexShares Core Select based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on FlexShares Core Select price pattern first instead of the macroeconomic environment surrounding FlexShares Core Select. By analyzing FlexShares Core'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 FlexShares Core'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 FlexShares Core specific price patterns or momentum indicators. Please read more on our technical analysis page.
FlexShares Core November 29, 2024 Technical Indicators
Most technical analysis of FlexShares 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 FlexShares from various momentum indicators to cycle indicators. When you analyze FlexShares 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 | (0.06) | |||
| Market Risk Adjusted Performance | 0.3938 | |||
| Mean Deviation | 0.2309 | |||
| Coefficient Of Variation | (1,832) | |||
| Standard Deviation | 0.3139 | |||
| Variance | 0.0985 | |||
| Information Ratio | (0.45) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3838 | |||
| Maximum Drawdown | 1.31 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.4887 | |||
| Skewness | 0.1173 | |||
| Kurtosis | 1.37 |
FlexShares Core Select One Year Return
Based on the recorded statements, FlexShares Core Select has an One Year Return of 6.3%. This is 178.55% lower than that of the Flexshares Trust family and significantly higher than that of the Intermediate Core Bond category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in FlexShares Core Select. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of FlexShares Core Select is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Core's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Core'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 FlexShares Core's market value can be influenced by many factors that don't directly affect FlexShares Core'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 FlexShares Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Core'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.