Purpose Floating Rate Etf Technical Analysis
| FLOT-U Etf | USD 6.08 0.03 0.49% |
As of the 27th of January, Purpose Floating holds the Coefficient Of Variation of (6,671), risk adjusted performance of (0.02), and Variance of 0.1054. Purpose Floating Rate technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf's future prices.
Purpose Floating Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Purpose, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PurposePurpose |
Purpose Floating 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Purpose Floating's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Purpose Floating.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in Purpose Floating on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding Purpose Floating Rate or generate 0.0% return on investment in Purpose Floating over 90 days. Purpose Floating is related to or competes with Purpose Ether, Purpose Conservative, Purpose Global, and Purpose Enhanced. The funds investment objectives are to generate current income and preserve capital by investing primarily in floating r... More
Purpose Floating Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Purpose Floating's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Purpose Floating Rate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 1.48 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.6723 |
Purpose Floating Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Purpose Floating's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Purpose Floating's standard deviation. In reality, there are many statistical measures that can use Purpose Floating historical prices to predict the future Purpose Floating's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.84) |
Purpose Floating January 27, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.83) | |||
| Mean Deviation | 0.1184 | |||
| Coefficient Of Variation | (6,671) | |||
| Standard Deviation | 0.3246 | |||
| Variance | 0.1054 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.84) | |||
| Maximum Drawdown | 1.48 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.6723 | |||
| Skewness | (0.66) | |||
| Kurtosis | 9.5 |
Purpose Floating Rate Backtested Returns
Purpose Floating Rate maintains Sharpe Ratio (i.e., Efficiency) of -0.015, which implies the entity had a -0.015 % return per unit of risk over the last 3 months. Purpose Floating Rate exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Purpose Floating's Variance of 0.1054, risk adjusted performance of (0.02), and Coefficient Of Variation of (6,671) to confirm the risk estimate we provide. The etf holds a Beta of 0.0176, which implies not very significant fluctuations relative to the market. As returns on the market increase, Purpose Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Purpose Floating is expected to be smaller as well.
Auto-correlation | -0.65 |
Very good reverse predictability
Purpose Floating Rate has very good reverse predictability. Overlapping area represents the amount of predictability between Purpose Floating time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Purpose Floating Rate price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Purpose Floating price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Purpose Floating 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.
Purpose Floating Rate Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Purpose Floating Rate volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Purpose Floating 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 Purpose Floating Rate 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 Purpose Floating Rate based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Purpose Floating Rate price pattern first instead of the macroeconomic environment surrounding Purpose Floating Rate. By analyzing Purpose Floating'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 Purpose Floating'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 Purpose Floating specific price patterns or momentum indicators. Please read more on our technical analysis page.
Purpose Floating January 27, 2026 Technical Indicators
Most technical analysis of Purpose 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 Purpose from various momentum indicators to cycle indicators. When you analyze Purpose 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.83) | |||
| Mean Deviation | 0.1184 | |||
| Coefficient Of Variation | (6,671) | |||
| Standard Deviation | 0.3246 | |||
| Variance | 0.1054 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.84) | |||
| Maximum Drawdown | 1.48 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.6723 | |||
| Skewness | (0.66) | |||
| Kurtosis | 9.5 |
Purpose Floating January 27, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Purpose stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.01 | ||
| Daily Balance Of Power | (0.33) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 6.04 | ||
| Day Typical Price | 6.05 | ||
| Price Action Indicator | 0.03 | ||
| Market Facilitation Index | 0.09 |
Other Information on Investing in Purpose Etf
Purpose Floating financial ratios help investors to determine whether Purpose 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 Purpose with respect to the benefits of owning Purpose Floating security.