LG Clean (Switzerland) Technical Analysis
| GLUG Etf | CHF 16.39 0.07 0.43% |
As of the 2nd of December, LG Clean owns the Market Risk Adjusted Performance of 0.2117, mean deviation of 0.6936, and Standard Deviation of 0.915. LG Clean Water technical analysis lets you operate past data patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices. Please verify LG Clean Water semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if LG Clean Water is priced some-what accurately, providing market reflects its prevailing price of 16.39 per share.
LG Clean Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as GLUG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GLUGGLUG |
LG Clean 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.
LG Clean Water 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 LG Clean Water volatility. High ATR values indicate high volatility, and low values indicate low volatility.
LG Clean Water Trend Analysis
Use this graph to draw trend lines for LG Clean Water. You can use it to identify possible trend reversals for LG Clean 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 LG Clean price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.LG Clean Best Fit Change Line
The following chart estimates an ordinary least squares regression model for LG Clean Water applied against its price change over selected period. The best fit line has a slop of 0.02 , which means LG Clean Water will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11.22, which is the sum of squared deviations for the predicted LG Clean price change compared to its average price change.About LG Clean 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 LG Clean Water 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 LG Clean Water based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on LG Clean Water price pattern first instead of the macroeconomic environment surrounding LG Clean Water. By analyzing LG Clean'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 LG Clean'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 LG Clean specific price patterns or momentum indicators. Please read more on our technical analysis page.
LG Clean December 2, 2024 Technical Indicators
Most technical analysis of GLUG 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 GLUG from various momentum indicators to cycle indicators. When you analyze GLUG 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 | 0.0907 | |||
| Market Risk Adjusted Performance | 0.2117 | |||
| Mean Deviation | 0.6936 | |||
| Semi Deviation | 0.5738 | |||
| Downside Deviation | 0.7687 | |||
| Coefficient Of Variation | 858.54 | |||
| Standard Deviation | 0.915 | |||
| Variance | 0.8372 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.0355 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2017 | |||
| Maximum Drawdown | 4.39 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.83 | |||
| Downside Variance | 0.5908 | |||
| Semi Variance | 0.3293 | |||
| Expected Short fall | (0.90) | |||
| Skewness | 0.998 | |||
| Kurtosis | 1.45 |
Other Information on Investing in GLUG Etf
LG Clean financial ratios help investors to determine whether GLUG 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 GLUG with respect to the benefits of owning LG Clean security.