Alps Intermediate Municipal Etf Technical Analysis
| MNBD Etf | USD 25.92 0.05 0.19% |
As of the 27th of November, ALPS Intermediate shows the risk adjusted performance of (0.01), and Mean Deviation of 0.1505. In relation to fundamental indicators, the technical analysis model gives you tools to check helpful technical drivers of ALPS Intermediate, as well as the relationship between them. Please confirm ALPS Intermediate treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if ALPS Intermediate is priced favorably, providing market reflects its regular price of 25.92 per share.
ALPS Intermediate Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ALPS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ALPSALPS |
ALPS Intermediate 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.
ALPS Intermediate Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 ALPS Intermediate volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ALPS Intermediate Trend Analysis
Use this graph to draw trend lines for ALPS Intermediate Municipal. You can use it to identify possible trend reversals for ALPS Intermediate 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 ALPS Intermediate price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ALPS Intermediate Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ALPS Intermediate Municipal applied against its price change over selected period. The best fit line has a slop of 0.0037 , which may suggest that ALPS Intermediate Municipal market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.53, which is the sum of squared deviations for the predicted ALPS Intermediate price change compared to its average price change.About ALPS Intermediate 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 ALPS Intermediate Municipal 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 ALPS Intermediate Municipal based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ALPS Intermediate price pattern first instead of the macroeconomic environment surrounding ALPS Intermediate. By analyzing ALPS Intermediate'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 ALPS Intermediate'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 ALPS Intermediate specific price patterns or momentum indicators. Please read more on our technical analysis page.
ALPS Intermediate November 27, 2024 Technical Indicators
Most technical analysis of ALPS 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 ALPS from various momentum indicators to cycle indicators. When you analyze ALPS 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 | (0.01) | |||
| Market Risk Adjusted Performance | 0.0699 | |||
| Mean Deviation | 0.1505 | |||
| Semi Deviation | 0.2268 | |||
| Downside Deviation | 0.284 | |||
| Coefficient Of Variation | 6093.72 | |||
| Standard Deviation | 0.2303 | |||
| Variance | 0.0531 | |||
| Information Ratio | (0.55) | |||
| Jensen Alpha | 0.0063 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.45) | |||
| Treynor Ratio | 0.0599 | |||
| Maximum Drawdown | 1.28 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.3097 | |||
| Downside Variance | 0.0807 | |||
| Semi Variance | 0.0514 | |||
| Expected Short fall | (0.17) | |||
| Skewness | (0.84) | |||
| Kurtosis | 5.07 |
ALPS Intermediate One Year Return
Based on the recorded statements, ALPS Intermediate Municipal has an One Year Return of 6.4%. This is 33.88% lower than that of the ALPS family and significantly higher than that of the Muni National Interm 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.ALPS Intermediate 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 ALPS 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 | 6.37 | ||
| Daily Balance Of Power | 2.50 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 25.91 | ||
| Day Typical Price | 25.91 | ||
| Price Action Indicator | 0.04 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ALPS Intermediate Municipal. 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 labor statistics. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of ALPS Intermediate is measured differently than its book value, which is the value of ALPS that is recorded on the company's balance sheet. Investors also form their own opinion of ALPS Intermediate's value that differs from its market value or its book value, called intrinsic value, which is ALPS Intermediate'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 ALPS Intermediate's market value can be influenced by many factors that don't directly affect ALPS Intermediate'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 ALPS Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALPS Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALPS Intermediate'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.