Main Buywrite Etf Technical Analysis
BUYW Etf | USD 13.94 0.01 0.07% |
As of the 26th of November, Main Buywrite secures the Risk Adjusted Performance of 0.0547, downside deviation of 0.2621, and Mean Deviation of 0.1756. Main Buywrite ETF technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices. Please verify Main Buywrite ETF semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Main Buywrite ETF is priced some-what accurately, providing market reflects its recent price of 13.94 per share.
Main Buywrite Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Main, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MainMain |
Main Buywrite 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.
Main Buywrite ETF Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Main Buywrite ETF volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Main Buywrite ETF Trend Analysis
Use this graph to draw trend lines for Main Buywrite ETF. You can use it to identify possible trend reversals for Main Buywrite 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 Main Buywrite price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Main Buywrite Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Main Buywrite ETF applied against its price change over selected period. The best fit line has a slop of 0 , which means Main Buywrite ETF will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.85, which is the sum of squared deviations for the predicted Main Buywrite price change compared to its average price change.About Main Buywrite 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 Main Buywrite ETF 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 Main Buywrite ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Main Buywrite ETF price pattern first instead of the macroeconomic environment surrounding Main Buywrite ETF. By analyzing Main Buywrite'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 Main Buywrite'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 Main Buywrite specific price patterns or momentum indicators. Please read more on our technical analysis page.
Main Buywrite November 26, 2024 Technical Indicators
Most technical analysis of Main 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 Main from various momentum indicators to cycle indicators. When you analyze Main 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 | 0.0547 | |||
Market Risk Adjusted Performance | 0.0987 | |||
Mean Deviation | 0.1756 | |||
Semi Deviation | 0.1642 | |||
Downside Deviation | 0.2621 | |||
Coefficient Of Variation | 975.6 | |||
Standard Deviation | 0.2269 | |||
Variance | 0.0515 | |||
Information Ratio | (0.46) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.40) | |||
Treynor Ratio | 0.0887 | |||
Maximum Drawdown | 1.09 | |||
Value At Risk | (0.43) | |||
Potential Upside | 0.3626 | |||
Downside Variance | 0.0687 | |||
Semi Variance | 0.027 | |||
Expected Short fall | (0.19) | |||
Skewness | (0.33) | |||
Kurtosis | 0.3252 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Main Buywrite ETF. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Main Buywrite ETF is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Buywrite's value that differs from its market value or its book value, called intrinsic value, which is Main Buywrite'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 Main Buywrite's market value can be influenced by many factors that don't directly affect Main Buywrite'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 Main Buywrite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Buywrite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Buywrite'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.