Teucrium Sugar Etf Technical Analysis
| CANE Etf | USD 12.61 0.01 0.08% |
As of the 24th of November, Teucrium Sugar has the Semi Deviation of 1.02, coefficient of variation of 689.49, and Risk Adjusted Performance of 0.116. Teucrium Sugar technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices. Please validate Teucrium Sugar treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Teucrium Sugar is priced more or less accurately, providing market reflects its prevalent price of 12.61 per share.
Teucrium Sugar Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Teucrium, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TeucriumTeucrium |
Teucrium Sugar 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.
Teucrium Sugar Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Teucrium Sugar volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Teucrium Sugar Trend Analysis
Use this graph to draw trend lines for Teucrium Sugar. You can use it to identify possible trend reversals for Teucrium Sugar 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 Teucrium Sugar price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Teucrium Sugar Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Teucrium Sugar applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Teucrium Sugar will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.41, which is the sum of squared deviations for the predicted Teucrium Sugar price change compared to its average price change.About Teucrium Sugar 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 Teucrium Sugar 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 Teucrium Sugar based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Teucrium Sugar price pattern first instead of the macroeconomic environment surrounding Teucrium Sugar. By analyzing Teucrium Sugar'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 Teucrium Sugar'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 Teucrium Sugar specific price patterns or momentum indicators. Please read more on our technical analysis page.
Teucrium Sugar November 24, 2024 Technical Indicators
Most technical analysis of Teucrium 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 Teucrium from various momentum indicators to cycle indicators. When you analyze Teucrium 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.
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| Math Transform | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.116 | |||
| Market Risk Adjusted Performance | (0.95) | |||
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.02 | |||
| Downside Deviation | 1.21 | |||
| Coefficient Of Variation | 689.49 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.14 | |||
| Information Ratio | 0.0556 | |||
| Jensen Alpha | 0.2275 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0674 | |||
| Treynor Ratio | (0.96) | |||
| Maximum Drawdown | 6.51 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 2.92 | |||
| Downside Variance | 1.46 | |||
| Semi Variance | 1.04 | |||
| Expected Short fall | (1.45) | |||
| Skewness | 0.4226 | |||
| Kurtosis | (0.24) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Teucrium Sugar. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Teucrium Sugar is measured differently than its book value, which is the value of Teucrium that is recorded on the company's balance sheet. Investors also form their own opinion of Teucrium Sugar's value that differs from its market value or its book value, called intrinsic value, which is Teucrium Sugar'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 Teucrium Sugar's market value can be influenced by many factors that don't directly affect Teucrium Sugar'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 Teucrium Sugar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teucrium Sugar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teucrium Sugar'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.