First Asset Morningstar Etf Technical Analysis
| FXM Etf | CAD 26.11 0.20 0.77% |
As of the 30th of November, First Asset shows the Coefficient Of Variation of 464.26, downside deviation of 0.821, and Mean Deviation of 0.6202. First Asset Morningstar technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
First Asset Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirstFirst |
First Asset 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.
First Asset Morningstar Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 First Asset Morningstar volatility. High ATR values indicate high volatility, and low values indicate low volatility.
First Asset Morningstar Trend Analysis
Use this graph to draw trend lines for First Asset Morningstar. You can use it to identify possible trend reversals for First Asset 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 First Asset price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.First Asset Best Fit Change Line
The following chart estimates an ordinary least squares regression model for First Asset Morningstar applied against its price change over selected period. The best fit line has a slop of 0.04 , which means First Asset Morningstar will continue generating value for investors. It has 122 observation points and a regression sum of squares at 66.68, which is the sum of squared deviations for the predicted First Asset price change compared to its average price change.About First Asset 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 First Asset Morningstar 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 First Asset Morningstar based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on First Asset Morningstar price pattern first instead of the macroeconomic environment surrounding First Asset Morningstar. By analyzing First Asset'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 First Asset'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 First Asset specific price patterns or momentum indicators. Please read more on our technical analysis page.
First Asset November 30, 2024 Technical Indicators
Most technical analysis of First 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 First from various momentum indicators to cycle indicators. When you analyze First 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 | 0.1653 | |||
| Market Risk Adjusted Performance | 0.3945 | |||
| Mean Deviation | 0.6202 | |||
| Semi Deviation | 0.4607 | |||
| Downside Deviation | 0.821 | |||
| Coefficient Of Variation | 464.26 | |||
| Standard Deviation | 0.8169 | |||
| Variance | 0.6673 | |||
| Information Ratio | 0.0469 | |||
| Jensen Alpha | 0.1109 | |||
| Total Risk Alpha | 0.0296 | |||
| Sortino Ratio | 0.0467 | |||
| Treynor Ratio | 0.3845 | |||
| Maximum Drawdown | 3.5 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.65 | |||
| Downside Variance | 0.674 | |||
| Semi Variance | 0.2123 | |||
| Expected Short fall | (0.71) | |||
| Skewness | 0.022 | |||
| Kurtosis | (0.04) |
Other Information on Investing in First Etf
First Asset financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Asset security.