Graniteshares 15x Long Etf Technical Analysis
| NVDL Etf | USD 81.42 0.84 1.04% |
As of the 22nd of November, GraniteShares 15x retains the market risk adjusted performance of 0.1504, and Risk Adjusted Performance of 0.0658. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of GraniteShares 15x Long, as well as the relationship between them. Please check out GraniteShares 15x Long standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if GraniteShares 15x is priced fairly, providing market reflects its last-minute price of 81.42 per share.
GraniteShares 15x Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as GraniteShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GraniteSharesGraniteShares |
GraniteShares 15x 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.
GraniteShares 15x Long Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 GraniteShares 15x Long volatility. High ATR values indicate high volatility, and low values indicate low volatility.
GraniteShares 15x Long Trend Analysis
Use this graph to draw trend lines for GraniteShares 15x Long. You can use it to identify possible trend reversals for GraniteShares 15x 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 GraniteShares 15x price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.GraniteShares 15x Best Fit Change Line
The following chart estimates an ordinary least squares regression model for GraniteShares 15x Long applied against its price change over selected period. The best fit line has a slop of 0.61 , which means GraniteShares 15x Long will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14079.19, which is the sum of squared deviations for the predicted GraniteShares 15x price change compared to its average price change.About GraniteShares 15x 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 GraniteShares 15x Long 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 GraniteShares 15x Long based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on GraniteShares 15x Long price pattern first instead of the macroeconomic environment surrounding GraniteShares 15x Long. By analyzing GraniteShares 15x'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 GraniteShares 15x'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 GraniteShares 15x specific price patterns or momentum indicators. Please read more on our technical analysis page.
GraniteShares 15x November 22, 2024 Technical Indicators
Most technical analysis of GraniteShares 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 GraniteShares from various momentum indicators to cycle indicators. When you analyze GraniteShares 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 | 0.0658 | |||
| Market Risk Adjusted Performance | 0.1504 | |||
| Mean Deviation | 4.42 | |||
| Semi Deviation | 5.94 | |||
| Downside Deviation | 6.41 | |||
| Coefficient Of Variation | 1319.55 | |||
| Standard Deviation | 5.84 | |||
| Variance | 34.14 | |||
| Information Ratio | 0.0595 | |||
| Jensen Alpha | 0.1696 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0542 | |||
| Treynor Ratio | 0.1404 | |||
| Maximum Drawdown | 27.68 | |||
| Value At Risk | (9.49) | |||
| Potential Upside | 8.25 | |||
| Downside Variance | 41.06 | |||
| Semi Variance | 35.32 | |||
| Expected Short fall | (4.37) | |||
| Skewness | (0.46) | |||
| Kurtosis | 1.35 |
GraniteShares 15x November 22, 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 GraniteShares 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 | 5,674,618 | ||
| Daily Balance Of Power | 0.06 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 81.60 | ||
| Day Typical Price | 81.54 | ||
| Price Action Indicator | 0.24 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in GraniteShares 15x Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of GraniteShares 15x Long is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares 15x's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 15x'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 GraniteShares 15x's market value can be influenced by many factors that don't directly affect GraniteShares 15x'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 GraniteShares 15x's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares 15x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 15x'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.