Ci Munro Alternative Etf Technical Analysis
| CMAG Etf | CAD 37.65 0.45 1.21% |
As of the 27th of November, CI Munro owns the Standard Deviation of 1.02, market risk adjusted performance of 0.3495, and Coefficient Of Variation of 605.92. CI Munro Alternative technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices.
CI Munro Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CMAG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CMAGCMAG |
CI Munro 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.
CI Munro Alternative Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-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 CI Munro Alternative volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CI Munro Alternative Trend Analysis
Use this graph to draw trend lines for CI Munro Alternative. You can use it to identify possible trend reversals for CI Munro 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 CI Munro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CI Munro Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CI Munro Alternative applied against its price change over selected period. The best fit line has a slop of 0.07 , which means CI Munro Alternative will continue generating value for investors. It has 122 observation points and a regression sum of squares at 185.44, which is the sum of squared deviations for the predicted CI Munro price change compared to its average price change.About CI Munro 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 CI Munro Alternative 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 CI Munro Alternative based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on CI Munro Alternative price pattern first instead of the macroeconomic environment surrounding CI Munro Alternative. By analyzing CI Munro'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 CI Munro'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 CI Munro specific price patterns or momentum indicators. Please read more on our technical analysis page.
CI Munro November 27, 2024 Technical Indicators
Most technical analysis of CMAG 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 CMAG from various momentum indicators to cycle indicators. When you analyze CMAG 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 | 0.1287 | |||
| Market Risk Adjusted Performance | 0.3495 | |||
| Mean Deviation | 0.7215 | |||
| Semi Deviation | 0.8614 | |||
| Downside Deviation | 1.16 | |||
| Coefficient Of Variation | 605.92 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.05 | |||
| Information Ratio | 0.0375 | |||
| Jensen Alpha | 0.1024 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.033 | |||
| Treynor Ratio | 0.3395 | |||
| Maximum Drawdown | 5.49 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.67 | |||
| Downside Variance | 1.35 | |||
| Semi Variance | 0.7419 | |||
| Expected Short fall | (0.78) | |||
| Skewness | (0.70) | |||
| Kurtosis | 2.95 |
Other Information on Investing in CMAG Etf
CI Munro financial ratios help investors to determine whether CMAG Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CMAG with respect to the benefits of owning CI Munro security.