Optimize Strategy Index Etf Technical Analysis
OPTZ Etf | 29.48 0.73 2.42% |
As of the 23rd of February, Optimize Strategy holds the Variance of 1.07, coefficient of variation of (3,209), and Risk Adjusted Performance of (0.02). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Optimize Strategy, as well as the relationship between them.
Optimize Strategy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Optimize, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OptimizeOptimize |
Optimize Strategy 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.
Optimize Strategy Index Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Optimize Strategy Index volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Optimize Strategy Index Trend Analysis
Use this graph to draw trend lines for Optimize Strategy Index. You can use it to identify possible trend reversals for Optimize Strategy 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 Optimize Strategy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Optimize Strategy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Optimize Strategy Index applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Optimize Strategy Index market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.58, which is the sum of squared deviations for the predicted Optimize Strategy price change compared to its average price change.About Optimize Strategy 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 Optimize Strategy Index 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 Optimize Strategy Index based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Optimize Strategy Index price pattern first instead of the macroeconomic environment surrounding Optimize Strategy Index. By analyzing Optimize Strategy'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 Optimize Strategy'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 Optimize Strategy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Optimize Strategy February 23, 2025 Technical Indicators
Most technical analysis of Optimize 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 Optimize from various momentum indicators to cycle indicators. When you analyze Optimize 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 | (0.02) | |||
Market Risk Adjusted Performance | (0.05) | |||
Mean Deviation | 0.8151 | |||
Coefficient Of Variation | (3,209) | |||
Standard Deviation | 1.04 | |||
Variance | 1.07 | |||
Information Ratio | (0.03) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.03) | |||
Treynor Ratio | (0.06) | |||
Maximum Drawdown | 4.8 | |||
Value At Risk | (1.69) | |||
Potential Upside | 1.34 | |||
Skewness | (0.69) | |||
Kurtosis | 0.7727 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Optimize Strategy Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Optimize Strategy Index is measured differently than its book value, which is the value of Optimize that is recorded on the company's balance sheet. Investors also form their own opinion of Optimize Strategy's value that differs from its market value or its book value, called intrinsic value, which is Optimize Strategy'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 Optimize Strategy's market value can be influenced by many factors that don't directly affect Optimize Strategy'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 Optimize Strategy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optimize Strategy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optimize Strategy'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.