Kfa Mount Lucas Etf Technical Analysis
| KMLM Etf | USD 27.73 0.04 0.14% |
As of the 27th of November, KFA Mount owns the Standard Deviation of 0.7174, mean deviation of 0.5565, and Market Risk Adjusted Performance of (2.22). KFA Mount Lucas 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 KFA Mount Lucas market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if KFA Mount Lucas is priced more or less accurately, providing market reflects its prevailing price of 27.73 per share.
KFA Mount Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as KFA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KFAKFA |
KFA Mount 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.
KFA Mount Lucas Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-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 KFA Mount Lucas volatility. High ATR values indicate high volatility, and low values indicate low volatility.
KFA Mount Lucas Trend Analysis
Use this graph to draw trend lines for KFA Mount Lucas. You can use it to identify possible trend reversals for KFA Mount 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 KFA Mount price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.KFA Mount Best Fit Change Line
The following chart estimates an ordinary least squares regression model for KFA Mount Lucas applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that KFA Mount Lucas market price will keep on failing further. It has 122 observation points and a regression sum of squares at 50.61, which is the sum of squared deviations for the predicted KFA Mount price change compared to its average price change.About KFA Mount 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 KFA Mount Lucas 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 KFA Mount Lucas based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on KFA Mount Lucas price pattern first instead of the macroeconomic environment surrounding KFA Mount Lucas. By analyzing KFA Mount'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 KFA Mount'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 KFA Mount specific price patterns or momentum indicators. Please read more on our technical analysis page.
KFA Mount November 27, 2024 Technical Indicators
Most technical analysis of KFA 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 KFA from various momentum indicators to cycle indicators. When you analyze KFA 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 | (0.09) | |||
| Market Risk Adjusted Performance | (2.22) | |||
| Mean Deviation | 0.5565 | |||
| Coefficient Of Variation | (825.22) | |||
| Standard Deviation | 0.7174 | |||
| Variance | 0.5147 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (2.23) | |||
| Maximum Drawdown | 3.36 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.32 | |||
| Skewness | 0.1978 | |||
| Kurtosis | 0.2578 |
KFA Mount Lucas One Year Return
Based on the recorded statements, KFA Mount Lucas has an One Year Return of -10.2%. This is 28.82% lower than that of the KraneShares family and significantly lower than that of the Systematic Trend category. The one year return for all United States etfs is notably higher than that of the company.
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.KFA Mount November 27, 2024 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 KFA 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 | 630.66 | ||
| Daily Balance Of Power | (0.29) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 27.73 | ||
| Day Typical Price | 27.73 | ||
| Price Action Indicator | (0.02) |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KFA Mount Lucas. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of KFA Mount Lucas is measured differently than its book value, which is the value of KFA that is recorded on the company's balance sheet. Investors also form their own opinion of KFA Mount's value that differs from its market value or its book value, called intrinsic value, which is KFA Mount'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 KFA Mount's market value can be influenced by many factors that don't directly affect KFA Mount'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 KFA Mount's value and its price as these two are different measures arrived at by different means. Investors typically determine if KFA Mount is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KFA Mount'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.