Ershares Entrepreneurs Etf Technical Analysis
ENTRDelisted Etf | USD 15.47 0.05 0.32% |
As of the 24th of November, ERShares Entrepreneurs shows the Mean Deviation of 1.02, market risk adjusted performance of 0.0804, and Downside Deviation of 1.54. ERShares Entrepreneurs 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. Please confirm ERShares Entrepreneurs variance and potential upside to decide if ERShares Entrepreneurs is priced fairly, providing market reflects its regular price of 15.47 per share.
ERShares Entrepreneurs Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ERShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ERSharesERShares |
ERShares Entrepreneurs 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, delisted etf market cycles, or different charting patterns.
ERShares Entrepreneurs Technical Analysis
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ERShares Entrepreneurs Trend Analysis
Use this graph to draw trend lines for ERShares Entrepreneurs ETF. You can use it to identify possible trend reversals for ERShares Entrepreneurs 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 ERShares Entrepreneurs price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ERShares Entrepreneurs Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ERShares Entrepreneurs ETF applied against its price change over selected period. The best fit line has a slop of 0.0055 , which may suggest that ERShares Entrepreneurs ETF market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.13, which is the sum of squared deviations for the predicted ERShares Entrepreneurs price change compared to its average price change.About ERShares Entrepreneurs 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 ERShares Entrepreneurs ETF 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 ERShares Entrepreneurs ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ERShares Entrepreneurs price pattern first instead of the macroeconomic environment surrounding ERShares Entrepreneurs. By analyzing ERShares Entrepreneurs'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 ERShares Entrepreneurs'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 ERShares Entrepreneurs specific price patterns or momentum indicators. Please read more on our technical analysis page.
ERShares Entrepreneurs November 24, 2024 Technical Indicators
Most technical analysis of ERShares 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 ERShares from various momentum indicators to cycle indicators. When you analyze ERShares 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 | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0316 | |||
Market Risk Adjusted Performance | 0.0804 | |||
Mean Deviation | 1.02 | |||
Semi Deviation | 1.47 | |||
Downside Deviation | 1.54 | |||
Coefficient Of Variation | 2828.83 | |||
Standard Deviation | 1.39 | |||
Variance | 1.94 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.0704 | |||
Maximum Drawdown | 5.86 | |||
Value At Risk | (2.57) | |||
Potential Upside | 2.31 | |||
Downside Variance | 2.39 | |||
Semi Variance | 2.17 | |||
Expected Short fall | (0.99) | |||
Skewness | (0.16) | |||
Kurtosis | 0.7667 |
ERShares Entrepreneurs One Year Return
Based on the recorded statements, ERShares Entrepreneurs ETF has an One Year Return of 32.7%. This is much higher than that of the EntrepreneurShares family and significantly higher than that of the Large Growth category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.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 estimate. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in ERShares Etf
If you are still planning to invest in ERShares Entrepreneurs check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ERShares Entrepreneurs' history and understand the potential risks before investing.
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