Etracs Monthly Pay Etf Technical Analysis
| MVRL Etf | USD 17.00 0.24 1.43% |
As of the 26th of November, ETRACS Monthly shows the Mean Deviation of 1.08, insignificant market risk adjusted performance, and Downside Deviation of 1.53. Relative to fundamental indicators, the technical analysis model provides you with a way to check practical technical drivers of ETRACS Monthly, as well as the relationship between them. Please confirm ETRACS Monthly Pay variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if ETRACS Monthly Pay is priced fairly, providing market reflects its regular price of 17.0 per share.
ETRACS Monthly Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ETRACS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ETRACSETRACS |
ETRACS Monthly 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.
ETRACS Monthly Pay Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 ETRACS Monthly Pay volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ETRACS Monthly Pay Trend Analysis
Use this graph to draw trend lines for ETRACS Monthly Pay. You can use it to identify possible trend reversals for ETRACS Monthly 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 ETRACS Monthly price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ETRACS Monthly Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ETRACS Monthly Pay applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that ETRACS Monthly Pay market price will keep on failing further. It has 122 observation points and a regression sum of squares at 16.31, which is the sum of squared deviations for the predicted ETRACS Monthly price change compared to its average price change.About ETRACS Monthly 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 ETRACS Monthly Pay 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 ETRACS Monthly Pay based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ETRACS Monthly Pay price pattern first instead of the macroeconomic environment surrounding ETRACS Monthly Pay. By analyzing ETRACS Monthly'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 ETRACS Monthly'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 ETRACS Monthly specific price patterns or momentum indicators. Please read more on our technical analysis page.
ETRACS Monthly November 26, 2024 Technical Indicators
Most technical analysis of ETRACS 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 ETRACS from various momentum indicators to cycle indicators. When you analyze ETRACS 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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| Overlap Studies | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0046 | |||
| Market Risk Adjusted Performance | (0) | |||
| Mean Deviation | 1.08 | |||
| Semi Deviation | 1.48 | |||
| Downside Deviation | 1.53 | |||
| Coefficient Of Variation | 371003.08 | |||
| Standard Deviation | 1.38 | |||
| Variance | 1.9 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 6.36 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 2.19 | |||
| Downside Variance | 2.35 | |||
| Semi Variance | 2.2 | |||
| Expected Short fall | (1.05) | |||
| Skewness | (0.35) | |||
| Kurtosis | 0.0112 |
ETRACS Monthly Pay One Year Return
Based on the recorded statements, ETRACS Monthly Pay has an One Year Return of 14.9%. This is 2.36% lower than that of the UBS family and significantly higher than that of the Trading--Leveraged Equity 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.ETRACS Monthly November 26, 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 ETRACS 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 | 104.47 | ||
| Daily Balance Of Power | 0.52 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 16.93 | ||
| Day Typical Price | 16.95 | ||
| Price Action Indicator | 0.19 | ||
| Market Facilitation Index | 0.0001 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ETRACS Monthly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of ETRACS Monthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Monthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Monthly'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 ETRACS Monthly's market value can be influenced by many factors that don't directly affect ETRACS Monthly'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 ETRACS Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Monthly'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.