Tidal Commodities Trust Etf Technical Analysis
DEFI Etf | USD 113.26 1.44 1.29% |
As of the 25th of November, Tidal Commodities has the Semi Deviation of 1.99, coefficient of variation of 413.55, and Risk Adjusted Performance of 0.1932. Tidal Commodities 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.
Tidal Commodities Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tidal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TidalTidal |
Tidal Commodities 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.
Tidal Commodities Trust 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 Tidal Commodities Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tidal Commodities Trust Trend Analysis
Use this graph to draw trend lines for Tidal Commodities Trust. You can use it to identify possible trend reversals for Tidal Commodities 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 Tidal Commodities price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tidal Commodities Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tidal Commodities Trust applied against its price change over selected period. The best fit line has a slop of 0.69 , which means Tidal Commodities Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 18033.08, which is the sum of squared deviations for the predicted Tidal Commodities price change compared to its average price change.About Tidal Commodities 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 Tidal Commodities Trust 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 Tidal Commodities Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Tidal Commodities Trust price pattern first instead of the macroeconomic environment surrounding Tidal Commodities Trust. By analyzing Tidal Commodities'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 Tidal Commodities'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 Tidal Commodities specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tidal Commodities November 25, 2024 Technical Indicators
Most technical analysis of Tidal 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 Tidal from various momentum indicators to cycle indicators. When you analyze Tidal 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 | 0.1932 | |||
Market Risk Adjusted Performance | 0.3553 | |||
Mean Deviation | 2.58 | |||
Semi Deviation | 1.99 | |||
Downside Deviation | 2.49 | |||
Coefficient Of Variation | 413.55 | |||
Standard Deviation | 3.36 | |||
Variance | 11.26 | |||
Information Ratio | 0.2028 | |||
Jensen Alpha | 0.5211 | |||
Total Risk Alpha | 0.273 | |||
Sortino Ratio | 0.2729 | |||
Treynor Ratio | 0.3453 | |||
Maximum Drawdown | 15.87 | |||
Value At Risk | (3.55) | |||
Potential Upside | 5.63 | |||
Downside Variance | 6.22 | |||
Semi Variance | 3.94 | |||
Expected Short fall | (2.94) | |||
Skewness | 1.08 | |||
Kurtosis | 2.31 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Tidal Commodities Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of Tidal Commodities Trust is measured differently than its book value, which is the value of Tidal that is recorded on the company's balance sheet. Investors also form their own opinion of Tidal Commodities' value that differs from its market value or its book value, called intrinsic value, which is Tidal Commodities' 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 Tidal Commodities' market value can be influenced by many factors that don't directly affect Tidal Commodities' 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 Tidal Commodities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal Commodities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal Commodities' 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.