Leverage Shares (UK) Technical Analysis
| NVD2 Etf | 50.12 0.56 1.13% |
As of the 16th of February 2025, Leverage Shares secures the Mean Deviation of 4.67, risk adjusted performance of (0.01), and Standard Deviation of 7.02. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Leverage Shares 2x, as well as the relationship between them. Please verify Leverage Shares 2x mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Leverage Shares 2x is priced some-what accurately, providing market reflects its recent price of 50.12 per share.
Leverage Shares Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Leverage, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LeverageLeverage |
Leverage Shares 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.
Leverage Shares 2x Technical Analysis
The output start index for this execution was twenty-one with a total number of output elements of fourty. 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 Leverage Shares 2x volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Leverage Shares 2x Trend Analysis
Use this graph to draw trend lines for Leverage Shares 2x. You can use it to identify possible trend reversals for Leverage Shares 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 Leverage Shares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Leverage Shares Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Leverage Shares 2x applied against its price change over selected period. The best fit line has a slop of 0.25 , which may suggest that Leverage Shares 2x market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2403.19, which is the sum of squared deviations for the predicted Leverage Shares price change compared to its average price change.About Leverage Shares 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 Leverage Shares 2x 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 Leverage Shares 2x based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Leverage Shares 2x price pattern first instead of the macroeconomic environment surrounding Leverage Shares 2x. By analyzing Leverage Shares'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 Leverage Shares'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 Leverage Shares specific price patterns or momentum indicators. Please read more on our technical analysis page.
Leverage Shares February 16, 2025 Technical Indicators
Most technical analysis of Leverage 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 Leverage from various momentum indicators to cycle indicators. When you analyze Leverage 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 | 0.1573 | |||
| Mean Deviation | 4.67 | |||
| Coefficient Of Variation | (4,490) | |||
| Standard Deviation | 7.02 | |||
| Variance | 49.27 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.1473 | |||
| Maximum Drawdown | 48.67 | |||
| Value At Risk | (6.94) | |||
| Potential Upside | 9.81 | |||
| Skewness | (2.16) | |||
| Kurtosis | 10.75 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leverage Shares 2x. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.