Oneascent Small Cap Etf Technical Analysis
| OASC Etf | 29.38 0.45 1.56% |
As of the 24th of November, OneAscent Small holds the Risk Adjusted Performance of 0.0972, coefficient of variation of 822.5, and Semi Deviation of 0.7741. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OneAscent Small, as well as the relationship between them.
OneAscent Small Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OneAscent, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OneAscentOneAscent |
OneAscent Small 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.
OneAscent Small Cap Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 OneAscent Small Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OneAscent Small Cap Trend Analysis
Use this graph to draw trend lines for OneAscent Small Cap. You can use it to identify possible trend reversals for OneAscent Small 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 OneAscent Small price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OneAscent Small Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OneAscent Small Cap applied against its price change over selected period. The best fit line has a slop of 0.04 , which means OneAscent Small Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 56.77, which is the sum of squared deviations for the predicted OneAscent Small price change compared to its average price change.About OneAscent Small 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 OneAscent Small Cap 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 OneAscent Small Cap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on OneAscent Small Cap price pattern first instead of the macroeconomic environment surrounding OneAscent Small Cap. By analyzing OneAscent Small'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 OneAscent Small'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 OneAscent Small specific price patterns or momentum indicators. Please read more on our technical analysis page.
OneAscent Small November 24, 2024 Technical Indicators
Most technical analysis of OneAscent 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 OneAscent from various momentum indicators to cycle indicators. When you analyze OneAscent 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 | 0.0972 | |||
| Market Risk Adjusted Performance | 0.1107 | |||
| Mean Deviation | 0.8814 | |||
| Semi Deviation | 0.7741 | |||
| Downside Deviation | 0.935 | |||
| Coefficient Of Variation | 822.5 | |||
| Standard Deviation | 1.26 | |||
| Variance | 1.59 | |||
| Information Ratio | 0.0179 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0241 | |||
| Treynor Ratio | 0.1007 | |||
| Maximum Drawdown | 7.37 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.01 | |||
| Downside Variance | 0.8741 | |||
| Semi Variance | 0.5992 | |||
| Expected Short fall | (1.05) | |||
| Skewness | 1.46 | |||
| Kurtosis | 5.12 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneAscent Small Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of OneAscent Small Cap is measured differently than its book value, which is the value of OneAscent that is recorded on the company's balance sheet. Investors also form their own opinion of OneAscent Small's value that differs from its market value or its book value, called intrinsic value, which is OneAscent Small'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 OneAscent Small's market value can be influenced by many factors that don't directly affect OneAscent Small'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 OneAscent Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneAscent Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneAscent Small'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.