Ninepoint Diversified Bond Etf Technical Analysis
| NBND Etf | 18.55 0.16 0.87% |
As of the 2nd of December, Ninepoint Diversified secures the Mean Deviation of 0.2156, downside deviation of 0.3071, and Risk Adjusted Performance of 0.1026. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Ninepoint Diversified, as well as the relationship between them. Please verify Ninepoint Diversified jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Ninepoint Diversified Bond is priced some-what accurately, providing market reflects its recent price of 18.55 per share.
Ninepoint Diversified Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ninepoint, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NinepointNinepoint |
Ninepoint Diversified 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.
Ninepoint Diversified Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Ninepoint Diversified volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ninepoint Diversified Trend Analysis
Use this graph to draw trend lines for Ninepoint Diversified Bond. You can use it to identify possible trend reversals for Ninepoint Diversified 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 Ninepoint Diversified price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ninepoint Diversified Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ninepoint Diversified Bond applied against its price change over selected period. The best fit line has a slop of 0 , which means Ninepoint Diversified Bond will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.21, which is the sum of squared deviations for the predicted Ninepoint Diversified price change compared to its average price change.About Ninepoint Diversified 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 Ninepoint Diversified Bond 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 Ninepoint Diversified Bond based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Ninepoint Diversified price pattern first instead of the macroeconomic environment surrounding Ninepoint Diversified. By analyzing Ninepoint Diversified'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 Ninepoint Diversified'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 Ninepoint Diversified specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ninepoint Diversified December 2, 2024 Technical Indicators
Most technical analysis of Ninepoint 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 Ninepoint from various momentum indicators to cycle indicators. When you analyze Ninepoint 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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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1026 | |||
| Market Risk Adjusted Performance | (1.68) | |||
| Mean Deviation | 0.2156 | |||
| Semi Deviation | 0.0999 | |||
| Downside Deviation | 0.3071 | |||
| Coefficient Of Variation | 649.23 | |||
| Standard Deviation | 0.3046 | |||
| Variance | 0.0928 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | 0.0397 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | (1.69) | |||
| Maximum Drawdown | 1.26 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.5014 | |||
| Downside Variance | 0.0943 | |||
| Semi Variance | 0.01 | |||
| Expected Short fall | (0.28) | |||
| Skewness | 0.6725 | |||
| Kurtosis | 1.96 |
Other Information on Investing in Ninepoint Etf
Ninepoint Diversified financial ratios help investors to determine whether Ninepoint Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ninepoint with respect to the benefits of owning Ninepoint Diversified security.