Clearshares Ocio Etf Technical Analysis
| OCIO Etf | USD 34.55 0.09 0.26% |
As of the 26th of November, ClearShares OCIO shows the risk adjusted performance of 0.0647, and Mean Deviation of 0.4517. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of ClearShares OCIO, as well as the relationship between them.
ClearShares OCIO Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ClearShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ClearSharesClearShares |
ClearShares OCIO 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.
ClearShares OCIO ETF Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 ClearShares OCIO ETF volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ClearShares OCIO ETF Trend Analysis
Use this graph to draw trend lines for ClearShares OCIO ETF. You can use it to identify possible trend reversals for ClearShares OCIO 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 ClearShares OCIO price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ClearShares OCIO Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ClearShares OCIO ETF applied against its price change over selected period. The best fit line has a slop of 0.02 , which means ClearShares OCIO ETF will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14.62, which is the sum of squared deviations for the predicted ClearShares OCIO price change compared to its average price change.About ClearShares OCIO 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 ClearShares OCIO ETF 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 ClearShares OCIO ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ClearShares OCIO ETF price pattern first instead of the macroeconomic environment surrounding ClearShares OCIO ETF. By analyzing ClearShares OCIO'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 ClearShares OCIO'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 ClearShares OCIO specific price patterns or momentum indicators. Please read more on our technical analysis page.
ClearShares OCIO November 26, 2024 Technical Indicators
Most technical analysis of ClearShares 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 ClearShares from various momentum indicators to cycle indicators. When you analyze ClearShares 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 | 0.0647 | |||
| Market Risk Adjusted Performance | 0.0819 | |||
| Mean Deviation | 0.4517 | |||
| Semi Deviation | 0.5114 | |||
| Downside Deviation | 0.588 | |||
| Coefficient Of Variation | 1133.11 | |||
| Standard Deviation | 0.5921 | |||
| Variance | 0.3506 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0719 | |||
| Maximum Drawdown | 2.61 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.9481 | |||
| Downside Variance | 0.3458 | |||
| Semi Variance | 0.2615 | |||
| Expected Short fall | (0.52) | |||
| Skewness | (0.34) | |||
| Kurtosis | 0.7003 |
ClearShares OCIO November 26, 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 ClearShares 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 | 1.73 | ||
| Daily Balance Of Power | 0.60 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 34.53 | ||
| Day Typical Price | 34.54 | ||
| Price Action Indicator | 0.06 | ||
| Market Facilitation Index | 0.0004 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares OCIO ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of ClearShares OCIO ETF is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares OCIO's value that differs from its market value or its book value, called intrinsic value, which is ClearShares OCIO'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 ClearShares OCIO's market value can be influenced by many factors that don't directly affect ClearShares OCIO'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 ClearShares OCIO's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares OCIO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares OCIO'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.