Invesco Ftse Rafi Etf Technical Analysis
| PXS Etf | CAD 51.12 0.59 1.17% |
As of the 23rd of November, Invesco FTSE retains the Downside Deviation of 0.4972, risk adjusted performance of 0.1443, and Market Risk Adjusted Performance of 2.63. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Invesco FTSE RAFI, as well as the relationship between them.
Invesco FTSE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Invesco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InvescoInvesco |
Invesco FTSE 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.
Invesco FTSE RAFI 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 Invesco FTSE RAFI volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Invesco FTSE RAFI Trend Analysis
Use this graph to draw trend lines for Invesco FTSE RAFI. You can use it to identify possible trend reversals for Invesco FTSE 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 Invesco FTSE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Invesco FTSE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Invesco FTSE RAFI applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Invesco FTSE RAFI will continue generating value for investors. It has 122 observation points and a regression sum of squares at 264.41, which is the sum of squared deviations for the predicted Invesco FTSE price change compared to its average price change.About Invesco FTSE 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 Invesco FTSE RAFI 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 Invesco FTSE RAFI based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Invesco FTSE RAFI price pattern first instead of the macroeconomic environment surrounding Invesco FTSE RAFI. By analyzing Invesco FTSE'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 Invesco FTSE'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 Invesco FTSE specific price patterns or momentum indicators. Please read more on our technical analysis page.
Invesco FTSE November 23, 2024 Technical Indicators
Most technical analysis of Invesco 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 Invesco from various momentum indicators to cycle indicators. When you analyze Invesco 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1443 | |||
| Market Risk Adjusted Performance | 2.63 | |||
| Mean Deviation | 0.4764 | |||
| Semi Deviation | 0.1928 | |||
| Downside Deviation | 0.4972 | |||
| Coefficient Of Variation | 529.81 | |||
| Standard Deviation | 0.7334 | |||
| Variance | 0.5379 | |||
| Information Ratio | 0.0104 | |||
| Jensen Alpha | 0.1225 | |||
| Total Risk Alpha | 0.0129 | |||
| Sortino Ratio | 0.0154 | |||
| Treynor Ratio | 2.62 | |||
| Maximum Drawdown | 4.76 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 1.17 | |||
| Downside Variance | 0.2472 | |||
| Semi Variance | 0.0372 | |||
| Expected Short fall | (0.59) | |||
| Skewness | 2.45 | |||
| Kurtosis | 10.91 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco FTSE RAFI. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.