Ft Alphadex Industrials Etf Technical Analysis
| FHG Etf | CAD 60.64 0.71 1.18% |
As of the 23rd of November, FT AlphaDEX owns the Standard Deviation of 1.13, downside deviation of 0.8716, and Market Risk Adjusted Performance of 0.6259. FT AlphaDEX Industrials technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the entity's future prices.
FT AlphaDEX Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FHG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FHGFHG |
FT AlphaDEX 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.
FT AlphaDEX Industrials 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 FT AlphaDEX Industrials volatility. High ATR values indicate high volatility, and low values indicate low volatility.
FT AlphaDEX Industrials Trend Analysis
Use this graph to draw trend lines for FT AlphaDEX Industrials. You can use it to identify possible trend reversals for FT AlphaDEX 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 FT AlphaDEX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.FT AlphaDEX Best Fit Change Line
The following chart estimates an ordinary least squares regression model for FT AlphaDEX Industrials applied against its price change over selected period. The best fit line has a slop of 0.16 , which means FT AlphaDEX Industrials will continue generating value for investors. It has 122 observation points and a regression sum of squares at 913.32, which is the sum of squared deviations for the predicted FT AlphaDEX price change compared to its average price change.About FT AlphaDEX 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 FT AlphaDEX Industrials 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 FT AlphaDEX Industrials based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on FT AlphaDEX Industrials price pattern first instead of the macroeconomic environment surrounding FT AlphaDEX Industrials. By analyzing FT AlphaDEX'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 FT AlphaDEX'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 FT AlphaDEX specific price patterns or momentum indicators. Please read more on our technical analysis page.
FT AlphaDEX November 23, 2024 Technical Indicators
Most technical analysis of FHG 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 FHG from various momentum indicators to cycle indicators. When you analyze FHG 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 | 0.1829 | |||
| Market Risk Adjusted Performance | 0.6259 | |||
| Mean Deviation | 0.8164 | |||
| Semi Deviation | 0.5034 | |||
| Downside Deviation | 0.8716 | |||
| Coefficient Of Variation | 426.78 | |||
| Standard Deviation | 1.13 | |||
| Variance | 1.29 | |||
| Information Ratio | 0.119 | |||
| Jensen Alpha | 0.2055 | |||
| Total Risk Alpha | 0.0771 | |||
| Sortino Ratio | 0.1547 | |||
| Treynor Ratio | 0.6159 | |||
| Maximum Drawdown | 5.87 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 2.31 | |||
| Downside Variance | 0.7597 | |||
| Semi Variance | 0.2534 | |||
| Expected Short fall | (0.98) | |||
| Skewness | 0.9786 | |||
| Kurtosis | 2.54 |
Other Information on Investing in FHG Etf
FT AlphaDEX financial ratios help investors to determine whether FHG 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 FHG with respect to the benefits of owning FT AlphaDEX security.