Unity Wealth Partners Etf Technical Analysis
DCAP Etf | 21.51 0.01 0.05% |
As of the 24th of November, Unity Wealth has the Risk Adjusted Performance of 0.1195, semi deviation of 0.4531, and Coefficient Of Variation of 636.77. Unity Wealth 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.
Unity Wealth Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Unity, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UnityUnity |
Unity Wealth 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.
Unity Wealth Partners 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 Unity Wealth Partners volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Unity Wealth Partners Trend Analysis
Use this graph to draw trend lines for Unity Wealth Partners. You can use it to identify possible trend reversals for Unity Wealth 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 Unity Wealth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Unity Wealth Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Unity Wealth Partners applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Unity Wealth Partners will continue generating value for investors. It has 122 observation points and a regression sum of squares at 18.59, which is the sum of squared deviations for the predicted Unity Wealth price change compared to its average price change.About Unity Wealth 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 Unity Wealth Partners 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 Unity Wealth Partners based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Unity Wealth Partners price pattern first instead of the macroeconomic environment surrounding Unity Wealth Partners. By analyzing Unity Wealth'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 Unity Wealth'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 Unity Wealth specific price patterns or momentum indicators. Please read more on our technical analysis page.
Unity Wealth November 24, 2024 Technical Indicators
Most technical analysis of Unity 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 Unity from various momentum indicators to cycle indicators. When you analyze Unity 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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Momentum Indicators | ||
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Pattern Recognition | ||
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Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1195 | |||
Market Risk Adjusted Performance | 0.1252 | |||
Mean Deviation | 0.5182 | |||
Semi Deviation | 0.4531 | |||
Downside Deviation | 0.6577 | |||
Coefficient Of Variation | 636.77 | |||
Standard Deviation | 0.7036 | |||
Variance | 0.4951 | |||
Information Ratio | (0.03) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.1152 | |||
Maximum Drawdown | 3.89 | |||
Value At Risk | (0.94) | |||
Potential Upside | 1.07 | |||
Downside Variance | 0.4326 | |||
Semi Variance | 0.2053 | |||
Expected Short fall | (0.60) | |||
Skewness | 0.722 | |||
Kurtosis | 3.24 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Unity Wealth Partners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Unity Wealth Partners is measured differently than its book value, which is the value of Unity that is recorded on the company's balance sheet. Investors also form their own opinion of Unity Wealth's value that differs from its market value or its book value, called intrinsic value, which is Unity Wealth'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 Unity Wealth's market value can be influenced by many factors that don't directly affect Unity Wealth'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 Unity Wealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unity Wealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unity Wealth'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.