Simplify Asset Management Etf Technical Analysis
EMGD Etf | USD 18.38 0.04 0.22% |
As of the 17th of December 2024, Simplify Asset has the Risk Adjusted Performance of 0.023, semi deviation of 0.8232, and Coefficient Of Variation of 3452.62. Simplify Asset 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. Please validate Simplify Asset Management maximum drawdown, and the relationship between the information ratio and downside variance to decide if Simplify Asset is priced more or less accurately, providing market reflects its prevalent price of 18.38 per share.
Simplify Asset Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Simplify, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SimplifySimplify |
Simplify Asset 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.
Simplify Asset Management Technical Analysis
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Simplify Asset Management Trend Analysis
Use this graph to draw trend lines for Simplify Asset Management. You can use it to identify possible trend reversals for Simplify Asset 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 Simplify Asset price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Simplify Asset Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Simplify Asset Management applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Simplify Asset Management will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.57, which is the sum of squared deviations for the predicted Simplify Asset price change compared to its average price change.About Simplify Asset 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 Simplify Asset 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 Simplify Asset Management based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Simplify Asset Management price pattern first instead of the macroeconomic environment surrounding Simplify Asset Management. By analyzing Simplify Asset'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 Simplify Asset'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 Simplify Asset specific price patterns or momentum indicators. Please read more on our technical analysis page.
Simplify Asset December 17, 2024 Technical Indicators
Most technical analysis of Simplify 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 Simplify from various momentum indicators to cycle indicators. When you analyze Simplify 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 | 0.023 | |||
Market Risk Adjusted Performance | (0.11) | |||
Mean Deviation | 0.7285 | |||
Semi Deviation | 0.8232 | |||
Downside Deviation | 0.8518 | |||
Coefficient Of Variation | 3452.62 | |||
Standard Deviation | 0.9172 | |||
Variance | 0.8413 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | 0.0271 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | (0.12) | |||
Maximum Drawdown | 4.3 | |||
Value At Risk | (1.32) | |||
Potential Upside | 1.58 | |||
Downside Variance | 0.7256 | |||
Semi Variance | 0.6776 | |||
Expected Short fall | (0.83) | |||
Skewness | 0.0439 | |||
Kurtosis | 0.2656 |
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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Simplify Asset Management is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Asset's value that differs from its market value or its book value, called intrinsic value, which is Simplify Asset'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 Simplify Asset's market value can be influenced by many factors that don't directly affect Simplify Asset'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 Simplify Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Asset'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.