Core Alternative Etf Technical Analysis
| CCOR Etf | USD 26.65 0.18 0.68% |
As of the 25th of November, Core Alternative shows the Mean Deviation of 0.4784, risk adjusted performance of (0.03), and Standard Deviation of 0.7248. Core Alternative ETF 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. Please confirm Core Alternative ETF information ratio and skewness to decide if Core Alternative ETF is priced correctly, providing market reflects its regular price of 26.65 per share.
Core Alternative Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Core, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CoreCore |
Core Alternative 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.
Core Alternative ETF Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Core Alternative ETF volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Core Alternative ETF Trend Analysis
Use this graph to draw trend lines for Core Alternative ETF. You can use it to identify possible trend reversals for Core Alternative 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 Core Alternative price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Core Alternative Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Core Alternative ETF applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Core Alternative ETF market price will keep on failing further. It has 122 observation points and a regression sum of squares at 14.31, which is the sum of squared deviations for the predicted Core Alternative price change compared to its average price change.About Core Alternative 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 Core Alternative 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 Core Alternative ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Core Alternative ETF price pattern first instead of the macroeconomic environment surrounding Core Alternative ETF. By analyzing Core Alternative'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 Core Alternative'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 Core Alternative specific price patterns or momentum indicators. Please read more on our technical analysis page.
Core Alternative November 25, 2024 Technical Indicators
Most technical analysis of Core 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 Core from various momentum indicators to cycle indicators. When you analyze Core 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 | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.13) | |||
| Mean Deviation | 0.4784 | |||
| Coefficient Of Variation | (2,505) | |||
| Standard Deviation | 0.7248 | |||
| Variance | 0.5253 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.14) | |||
| Maximum Drawdown | 4.63 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.7331 | |||
| Skewness | 1.46 | |||
| Kurtosis | 10.82 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Alternative 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 persons. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Core Alternative ETF is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Alternative's value that differs from its market value or its book value, called intrinsic value, which is Core Alternative'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 Core Alternative's market value can be influenced by many factors that don't directly affect Core Alternative'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 Core Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Alternative'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.