Flexshares High Yield Etf Technical Analysis
| HYGV Etf | USD 41.29 0.08 0.19% |
As of the 31st of January, FlexShares High shows the Downside Deviation of 0.3092, coefficient of variation of 762.58, and Mean Deviation of 0.2012. FlexShares High Yield 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. Please confirm FlexShares High Yield mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if FlexShares High Yield is priced favorably, providing market reflects its regular price of 41.29 per share.
FlexShares High Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FlexShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FlexSharesFlexShares |
FlexShares High 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.
FlexShares High Yield Technical Analysis
The output start index for this execution was fourty-five with a total number of output elements of sixteen. 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 FlexShares High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.
FlexShares High Yield Trend Analysis
Use this graph to draw trend lines for FlexShares High Yield. You can use it to identify possible trend reversals for FlexShares High 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 FlexShares High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.FlexShares High Best Fit Change Line
The following chart estimates an ordinary least squares regression model for FlexShares High Yield applied against its price change over selected period. The best fit line has a slop of 0.01 , which means FlexShares High Yield will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.28, which is the sum of squared deviations for the predicted FlexShares High price change compared to its average price change.About FlexShares High 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 FlexShares High Yield 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 FlexShares High Yield based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on FlexShares High Yield price pattern first instead of the macroeconomic environment surrounding FlexShares High Yield. By analyzing FlexShares High'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 FlexShares High'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 FlexShares High specific price patterns or momentum indicators. Please read more on our technical analysis page.
FlexShares High January 31, 2025 Technical Indicators
Most technical analysis of FlexShares 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 FlexShares from various momentum indicators to cycle indicators. When you analyze FlexShares 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 | 0.0894 | |||
| Market Risk Adjusted Performance | 0.2323 | |||
| Mean Deviation | 0.2012 | |||
| Semi Deviation | 0.2052 | |||
| Downside Deviation | 0.3092 | |||
| Coefficient Of Variation | 762.58 | |||
| Standard Deviation | 0.2776 | |||
| Variance | 0.0771 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | 0.0157 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | 0.2223 | |||
| Maximum Drawdown | 1.5 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.3655 | |||
| Downside Variance | 0.0956 | |||
| Semi Variance | 0.0421 | |||
| Expected Short fall | (0.21) | |||
| Skewness | (0.68) | |||
| Kurtosis | 3.73 |
FlexShares High Yield One Year Return
Based on the recorded statements, FlexShares High Yield has an One Year Return of 8.9%. This is 210.97% lower than that of the Flexshares Trust family and significantly higher than that of the High Yield Bond category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.FlexShares High January 31, 2025 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 FlexShares 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 | 220.19 | ||
| Daily Balance Of Power | 1.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 41.25 | ||
| Day Typical Price | 41.26 | ||
| Price Action Indicator | 0.08 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in FlexShares High Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of FlexShares High Yield is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares High's value that differs from its market value or its book value, called intrinsic value, which is FlexShares High's 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 FlexShares High's market value can be influenced by many factors that don't directly affect FlexShares High's 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 FlexShares High's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares High's 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.