Ballast Smallmid Cap Etf Technical Analysis
| MGMT Etf | USD 44.05 0.19 0.43% |
As of the 30th of November, Ballast SmallMid shows the Mean Deviation of 0.8916, risk adjusted performance of 0.1567, and Downside Deviation of 0.8901. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Ballast SmallMid, as well as the relationship between them.
Ballast SmallMid Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ballast, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BallastBallast |
Ballast SmallMid 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.
Ballast SmallMid Cap 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 Ballast SmallMid Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ballast SmallMid Cap Trend Analysis
Use this graph to draw trend lines for Ballast SmallMid Cap. You can use it to identify possible trend reversals for Ballast SmallMid 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 Ballast SmallMid price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ballast SmallMid Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ballast SmallMid Cap applied against its price change over selected period. The best fit line has a slop of 0.12 , which means Ballast SmallMid Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 502.78, which is the sum of squared deviations for the predicted Ballast SmallMid price change compared to its average price change.About Ballast SmallMid 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 Ballast SmallMid Cap 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 Ballast SmallMid Cap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Ballast SmallMid Cap price pattern first instead of the macroeconomic environment surrounding Ballast SmallMid Cap. By analyzing Ballast SmallMid'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 Ballast SmallMid'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 Ballast SmallMid specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ballast SmallMid November 30, 2024 Technical Indicators
Most technical analysis of Ballast 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 Ballast from various momentum indicators to cycle indicators. When you analyze Ballast 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.
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.1567 | |||
| Market Risk Adjusted Performance | 0.1833 | |||
| Mean Deviation | 0.8916 | |||
| Semi Deviation | 0.6019 | |||
| Downside Deviation | 0.8901 | |||
| Coefficient Of Variation | 500.44 | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 | |||
| Information Ratio | 0.0914 | |||
| Jensen Alpha | 0.0643 | |||
| Total Risk Alpha | 0.0318 | |||
| Sortino Ratio | 0.1304 | |||
| Treynor Ratio | 0.1733 | |||
| Maximum Drawdown | 7.55 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 2.3 | |||
| Downside Variance | 0.7924 | |||
| Semi Variance | 0.3622 | |||
| Expected Short fall | (1.12) | |||
| Skewness | 1.75 | |||
| Kurtosis | 7.8 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ballast SmallMid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Ballast SmallMid Cap is measured differently than its book value, which is the value of Ballast that is recorded on the company's balance sheet. Investors also form their own opinion of Ballast SmallMid's value that differs from its market value or its book value, called intrinsic value, which is Ballast SmallMid'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 Ballast SmallMid's market value can be influenced by many factors that don't directly affect Ballast SmallMid'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 Ballast SmallMid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ballast SmallMid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballast SmallMid'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.