Vaneck Cmci Commodity Etf Technical Analysis
| CMCI Etf | USD 25.02 0.05 0.20% |
As of the 2nd of December, VanEck CMCI has the Coefficient Of Variation of 2417.44, risk adjusted performance of 0.0323, and Semi Deviation of 0.7771. VanEck CMCI 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.
VanEck CMCI Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VanEck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VanEckVanEck |
VanEck CMCI 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.
VanEck CMCI Commodity Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 VanEck CMCI Commodity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
VanEck CMCI Commodity Trend Analysis
Use this graph to draw trend lines for VanEck CMCI Commodity. You can use it to identify possible trend reversals for VanEck CMCI 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 VanEck CMCI price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.VanEck CMCI Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VanEck CMCI Commodity applied against its price change over selected period. The best fit line has a slop of 0.01 , which means VanEck CMCI Commodity will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.9, which is the sum of squared deviations for the predicted VanEck CMCI price change compared to its average price change.About VanEck CMCI 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 VanEck CMCI Commodity 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 VanEck CMCI Commodity based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on VanEck CMCI Commodity price pattern first instead of the macroeconomic environment surrounding VanEck CMCI Commodity. By analyzing VanEck CMCI'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 VanEck CMCI'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 VanEck CMCI specific price patterns or momentum indicators. Please read more on our technical analysis page.
VanEck CMCI December 2, 2024 Technical Indicators
Most technical analysis of VanEck 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 VanEck from various momentum indicators to cycle indicators. When you analyze VanEck 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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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0323 | |||
| Market Risk Adjusted Performance | (0.26) | |||
| Mean Deviation | 0.6356 | |||
| Semi Deviation | 0.7771 | |||
| Downside Deviation | 0.8654 | |||
| Coefficient Of Variation | 2417.44 | |||
| Standard Deviation | 0.8195 | |||
| Variance | 0.6716 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | 0.0352 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.27) | |||
| Maximum Drawdown | 3.28 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.4 | |||
| Downside Variance | 0.749 | |||
| Semi Variance | 0.6039 | |||
| Expected Short fall | (0.71) | |||
| Skewness | (0.19) | |||
| Kurtosis | (0.36) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck CMCI Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of VanEck CMCI Commodity is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck CMCI's value that differs from its market value or its book value, called intrinsic value, which is VanEck CMCI'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 VanEck CMCI's market value can be influenced by many factors that don't directly affect VanEck CMCI'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 VanEck CMCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck CMCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck CMCI'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.