SPDR Index (Mexico) Technical Analysis
| FEZ Etf | MXN 992.20 0.00 0.00% |
As of the 25th of November, SPDR Index has the coefficient of variation of 1166.61, and Risk Adjusted Performance of 0.0722. SPDR Index 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.
SPDR Index Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPDR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPDRSPDR |
SPDR Index 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.
SPDR Index Shares 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 SPDR Index Shares volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SPDR Index Shares Trend Analysis
Use this graph to draw trend lines for SPDR Index Shares. You can use it to identify possible trend reversals for SPDR Index 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 SPDR Index price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SPDR Index Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPDR Index Shares applied against its price change over selected period. The best fit line has a slop of 0.46 , which may suggest that SPDR Index Shares market price will keep on failing further. It has 122 observation points and a regression sum of squares at 8012.95, which is the sum of squared deviations for the predicted SPDR Index price change compared to its average price change.About SPDR Index 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 SPDR Index Shares 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 SPDR Index Shares based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SPDR Index Shares price pattern first instead of the macroeconomic environment surrounding SPDR Index Shares. By analyzing SPDR Index'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 SPDR Index'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 SPDR Index specific price patterns or momentum indicators. Please read more on our technical analysis page.
SPDR Index November 25, 2024 Technical Indicators
Most technical analysis of SPDR 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 SPDR from various momentum indicators to cycle indicators. When you analyze SPDR 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 | 0.0722 | |||
| Market Risk Adjusted Performance | (1.10) | |||
| Mean Deviation | 0.988 | |||
| Semi Deviation | 1.3 | |||
| Downside Deviation | 4.1 | |||
| Coefficient Of Variation | 1166.61 | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.7 | |||
| Information Ratio | 0.0254 | |||
| Jensen Alpha | 0.1949 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0134 | |||
| Treynor Ratio | (1.11) | |||
| Maximum Drawdown | 16.81 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 3.68 | |||
| Downside Variance | 16.8 | |||
| Semi Variance | 1.68 | |||
| Expected Short fall | (2.21) | |||
| Skewness | 1.47 | |||
| Kurtosis | 9.3 |
SPDR Index Shares One Year Return
Based on the recorded statements, SPDR Index Shares has an One Year Return of 21.06%. This is 171.39% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the One Year Return category. The one year return for all Mexico 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.Other Information on Investing in SPDR Etf
SPDR Index financial ratios help investors to determine whether SPDR 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 SPDR with respect to the benefits of owning SPDR Index security.