WSDMTR ERNGS (Mexico) Technical Analysis

EPS Etf  MXN 63.12  0.05  0.08%   
As of the 18th of December 2024, WSDMTR ERNGS maintains the Coefficient Of Variation of 398.04, risk adjusted performance of 0.1852, and Mean Deviation of 0.5569. Our technical analysis interface lets you check practical technical drivers of WSDMTR ERNGS 500, as well as the relationship between them.

WSDMTR ERNGS Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WSDMTR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WSDMTR
  
WSDMTR ERNGS's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
WSDMTR ERNGS 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.
A focus of WSDMTR ERNGS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WSDMTR ERNGS trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

WSDMTR ERNGS 500 Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 WSDMTR ERNGS 500 volatility. High ATR values indicate high volatility, and low values indicate low volatility.

WSDMTR ERNGS 500 Trend Analysis

Use this graph to draw trend lines for WSDMTR ERNGS 500. You can use it to identify possible trend reversals for WSDMTR ERNGS 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 WSDMTR ERNGS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

WSDMTR ERNGS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for WSDMTR ERNGS 500 applied against its price change over selected period. The best fit line has a slop of   0.10  , which means WSDMTR ERNGS 500 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 393.79, which is the sum of squared deviations for the predicted WSDMTR ERNGS price change compared to its average price change.

About WSDMTR ERNGS 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 WSDMTR ERNGS 500 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 WSDMTR ERNGS 500 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on WSDMTR ERNGS 500 price pattern first instead of the macroeconomic environment surrounding WSDMTR ERNGS 500. By analyzing WSDMTR ERNGS'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 WSDMTR ERNGS'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 WSDMTR ERNGS specific price patterns or momentum indicators. Please read more on our technical analysis page.

WSDMTR ERNGS December 18, 2024 Technical Indicators

Most technical analysis of WSDMTR 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 WSDMTR from various momentum indicators to cycle indicators. When you analyze WSDMTR 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.

Other Information on Investing in WSDMTR Etf

WSDMTR ERNGS financial ratios help investors to determine whether WSDMTR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WSDMTR with respect to the benefits of owning WSDMTR ERNGS security.