Emerge Capital Management Etf Technical Analysis
EMGC Etf | USD 25.67 0.00 0.00% |
As of the 24th of November, Emerge Capital shows the Downside Deviation of 0.6278, coefficient of variation of 1117.23, and Mean Deviation of 0.5605. Emerge Capital Management technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Emerge Capital Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Emerge, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EmergeEmerge |
Emerge Capital 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.
Emerge Capital Management Technical Analysis
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Emerge Capital Management Trend Analysis
Use this graph to draw trend lines for Emerge Capital Management. You can use it to identify possible trend reversals for Emerge Capital 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 Emerge Capital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Emerge Capital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Emerge Capital Management applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Emerge Capital Management will continue generating value for investors. It has 122 observation points and a regression sum of squares at 29.03, which is the sum of squared deviations for the predicted Emerge Capital price change compared to its average price change.About Emerge Capital 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 Emerge Capital Management 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 Emerge Capital Management based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Emerge Capital Management price pattern first instead of the macroeconomic environment surrounding Emerge Capital Management. By analyzing Emerge Capital'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 Emerge Capital'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 Emerge Capital specific price patterns or momentum indicators. Please read more on our technical analysis page.
Emerge Capital November 24, 2024 Technical Indicators
Most technical analysis of Emerge 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 Emerge from various momentum indicators to cycle indicators. When you analyze Emerge 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 | 0.068 | |||
Market Risk Adjusted Performance | 0.5117 | |||
Mean Deviation | 0.5605 | |||
Semi Deviation | 0.5169 | |||
Downside Deviation | 0.6278 | |||
Coefficient Of Variation | 1117.23 | |||
Standard Deviation | 0.7221 | |||
Variance | 0.5214 | |||
Information Ratio | (0.09) | |||
Jensen Alpha | 0.0415 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.11) | |||
Treynor Ratio | 0.5017 | |||
Maximum Drawdown | 3.65 | |||
Value At Risk | (0.73) | |||
Potential Upside | 1.39 | |||
Downside Variance | 0.3941 | |||
Semi Variance | 0.2672 | |||
Expected Short fall | (0.78) | |||
Skewness | 0.1024 | |||
Kurtosis | 0.9609 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Emerge Capital Management is measured differently than its book value, which is the value of Emerge that is recorded on the company's balance sheet. Investors also form their own opinion of Emerge Capital's value that differs from its market value or its book value, called intrinsic value, which is Emerge Capital'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 Emerge Capital's market value can be influenced by many factors that don't directly affect Emerge Capital'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 Emerge Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emerge Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emerge Capital'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.