Nushares Enhanced Yield Etf Technical Analysis
| NUAG Etf | USD 21.07 0.01 0.05% |
As of the 27th of November, NuShares Enhanced secures the Market Risk Adjusted Performance of 0.5239, risk adjusted performance of (0.03), and Mean Deviation of 0.2109. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NuShares Enhanced Yield, as well as the relationship between them. Please verify NuShares Enhanced Yield standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if NuShares Enhanced Yield is priced some-what accurately, providing market reflects its recent price of 21.07 per share.
NuShares Enhanced Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NuShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NuSharesNuShares |
NuShares Enhanced 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.
NuShares Enhanced Yield 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 NuShares Enhanced Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NuShares Enhanced Yield Trend Analysis
Use this graph to draw trend lines for NuShares Enhanced Yield. You can use it to identify possible trend reversals for NuShares Enhanced 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 NuShares Enhanced price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NuShares Enhanced Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NuShares Enhanced Yield applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that NuShares Enhanced Yield market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.16, which is the sum of squared deviations for the predicted NuShares Enhanced price change compared to its average price change.About NuShares Enhanced 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 NuShares Enhanced Yield 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 NuShares Enhanced Yield based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on NuShares Enhanced Yield price pattern first instead of the macroeconomic environment surrounding NuShares Enhanced Yield. By analyzing NuShares Enhanced'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 NuShares Enhanced'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 NuShares Enhanced specific price patterns or momentum indicators. Please read more on our technical analysis page.
NuShares Enhanced November 27, 2024 Technical Indicators
Most technical analysis of NuShares 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 NuShares from various momentum indicators to cycle indicators. When you analyze NuShares 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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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.5239 | |||
| Mean Deviation | 0.2109 | |||
| Coefficient Of Variation | (4,327) | |||
| Standard Deviation | 0.2922 | |||
| Variance | 0.0854 | |||
| Information Ratio | (0.47) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.5139 | |||
| Maximum Drawdown | 1.31 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.5206 | |||
| Skewness | (0.06) | |||
| Kurtosis | 1.11 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuShares Enhanced Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of NuShares Enhanced Yield is measured differently than its book value, which is the value of NuShares that is recorded on the company's balance sheet. Investors also form their own opinion of NuShares Enhanced's value that differs from its market value or its book value, called intrinsic value, which is NuShares Enhanced'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 NuShares Enhanced's market value can be influenced by many factors that don't directly affect NuShares Enhanced'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 NuShares Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuShares Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuShares Enhanced'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.