American Century Sustainable Etf Technical Analysis
ESGA Etf | USD 71.86 0.27 0.38% |
As of the 24th of November, American Century shows the risk adjusted performance of 0.081, and Mean Deviation of 0.5694. American Century Sus technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.
American Century Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as American, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AmericanAmerican |
American Century 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.
American Century Sus 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 American Century Sus volatility. High ATR values indicate high volatility, and low values indicate low volatility.
American Century Sus Trend Analysis
Use this graph to draw trend lines for American Century Sustainable. You can use it to identify possible trend reversals for American Century 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 American Century price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.American Century Best Fit Change Line
The following chart estimates an ordinary least squares regression model for American Century Sustainable applied against its price change over selected period. The best fit line has a slop of 0.06 , which means American Century Sustainable will continue generating value for investors. It has 122 observation points and a regression sum of squares at 159.44, which is the sum of squared deviations for the predicted American Century price change compared to its average price change.About American Century 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 American Century Sustainable 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 American Century Sustainable based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on American Century Sus price pattern first instead of the macroeconomic environment surrounding American Century Sus. By analyzing American Century'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 American Century'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 American Century specific price patterns or momentum indicators. Please read more on our technical analysis page.
American Century November 24, 2024 Technical Indicators
Most technical analysis of American 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 American from various momentum indicators to cycle indicators. When you analyze American 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 | 0.081 | |||
Market Risk Adjusted Performance | 0.0953 | |||
Mean Deviation | 0.5694 | |||
Semi Deviation | 0.688 | |||
Downside Deviation | 0.7972 | |||
Coefficient Of Variation | 950.04 | |||
Standard Deviation | 0.7859 | |||
Variance | 0.6177 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.0853 | |||
Maximum Drawdown | 3.92 | |||
Value At Risk | (1.41) | |||
Potential Upside | 1.16 | |||
Downside Variance | 0.6355 | |||
Semi Variance | 0.4734 | |||
Expected Short fall | (0.63) | |||
Skewness | (0.23) | |||
Kurtosis | 1.76 |
American Century Sus One Year Return
Based on the recorded statements, American Century Sustainable has an One Year Return of 28.0%. This is 381.93% higher than that of the American Century Investments family and significantly higher than that of the Large Blend 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, which includes a position in American Century Sustainable. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of American Century Sus is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century'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 American Century's market value can be influenced by many factors that don't directly affect American Century'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 American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century'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.