Strategy Shares Nasdaq Etf Technical Analysis
HNDL Etf | USD 22.40 0.14 0.63% |
As of the 30th of November, Strategy Shares has the Semi Deviation of 0.4497, coefficient of variation of 716.55, and Risk Adjusted Performance of 0.1015. Strategy Shares 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. Please validate Strategy Shares Nasdaq variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Strategy Shares is priced more or less accurately, providing market reflects its prevalent price of 22.4 per share.
Strategy Shares Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Strategy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StrategyStrategy |
Strategy Shares 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.
Strategy Shares Nasdaq 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 Strategy Shares Nasdaq volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Strategy Shares Nasdaq Trend Analysis
Use this graph to draw trend lines for Strategy Shares Nasdaq. You can use it to identify possible trend reversals for Strategy Shares 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 Strategy Shares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Strategy Shares Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Strategy Shares Nasdaq applied against its price change over selected period. The best fit line has a slop of 0 , which means Strategy Shares Nasdaq will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.33, which is the sum of squared deviations for the predicted Strategy Shares price change compared to its average price change.About Strategy Shares 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 Strategy Shares Nasdaq 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 Strategy Shares Nasdaq based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Strategy Shares Nasdaq price pattern first instead of the macroeconomic environment surrounding Strategy Shares Nasdaq. By analyzing Strategy Shares'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 Strategy Shares'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 Strategy Shares specific price patterns or momentum indicators. Please read more on our technical analysis page.
Strategy Shares November 30, 2024 Technical Indicators
Most technical analysis of Strategy 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 Strategy from various momentum indicators to cycle indicators. When you analyze Strategy 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 | 0.1015 | |||
Market Risk Adjusted Performance | 0.1578 | |||
Mean Deviation | 0.4125 | |||
Semi Deviation | 0.4497 | |||
Downside Deviation | 0.5764 | |||
Coefficient Of Variation | 716.55 | |||
Standard Deviation | 0.505 | |||
Variance | 0.255 | |||
Information Ratio | (0.13) | |||
Jensen Alpha | 0.0083 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.12) | |||
Treynor Ratio | 0.1478 | |||
Maximum Drawdown | 2.2 | |||
Value At Risk | (0.82) | |||
Potential Upside | 0.699 | |||
Downside Variance | 0.3322 | |||
Semi Variance | 0.2022 | |||
Expected Short fall | (0.43) | |||
Skewness | (0.56) | |||
Kurtosis | (0.33) |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Strategy Shares Nasdaq. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Strategy Etf please use our How to buy in Strategy Etf guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Strategy Shares Nasdaq is measured differently than its book value, which is the value of Strategy that is recorded on the company's balance sheet. Investors also form their own opinion of Strategy Shares' value that differs from its market value or its book value, called intrinsic value, which is Strategy Shares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Strategy Shares' market value can be influenced by many factors that don't directly affect Strategy Shares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Strategy Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategy Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategy Shares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.