Flexshares Quality Dividend Etf Technical Analysis
| QDEF Etf | USD 72.55 0.73 1.02% |
As of the 22nd of November, FlexShares Quality shows the Coefficient Of Variation of 816.36, downside deviation of 0.5685, and Mean Deviation of 0.4734. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of FlexShares Quality, as well as the relationship between them. Please confirm FlexShares Quality standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if FlexShares Quality is priced favorably, providing market reflects its regular price of 72.55 per share.
FlexShares Quality Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FlexShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FlexSharesFlexShares |
FlexShares Quality 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.
FlexShares Quality Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 FlexShares Quality volatility. High ATR values indicate high volatility, and low values indicate low volatility.
FlexShares Quality Trend Analysis
Use this graph to draw trend lines for FlexShares Quality Dividend. You can use it to identify possible trend reversals for FlexShares Quality 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 FlexShares Quality price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.FlexShares Quality Best Fit Change Line
The following chart estimates an ordinary least squares regression model for FlexShares Quality Dividend applied against its price change over selected period. The best fit line has a slop of 0.05 , which means FlexShares Quality Dividend will continue generating value for investors. It has 122 observation points and a regression sum of squares at 100.4, which is the sum of squared deviations for the predicted FlexShares Quality price change compared to its average price change.About FlexShares Quality 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 FlexShares Quality Dividend 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 FlexShares Quality Dividend based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on FlexShares Quality price pattern first instead of the macroeconomic environment surrounding FlexShares Quality. By analyzing FlexShares Quality'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 FlexShares Quality'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 FlexShares Quality specific price patterns or momentum indicators. Please read more on our technical analysis page.
FlexShares Quality November 22, 2024 Technical Indicators
Most technical analysis of FlexShares 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 FlexShares from various momentum indicators to cycle indicators. When you analyze FlexShares 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 | 0.0906 | |||
| Market Risk Adjusted Performance | 0.11 | |||
| Mean Deviation | 0.4734 | |||
| Semi Deviation | 0.45 | |||
| Downside Deviation | 0.5685 | |||
| Coefficient Of Variation | 816.36 | |||
| Standard Deviation | 0.5938 | |||
| Variance | 0.3526 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | 3.0E-4 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1 | |||
| Maximum Drawdown | 2.58 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 1.02 | |||
| Downside Variance | 0.3232 | |||
| Semi Variance | 0.2025 | |||
| Expected Short fall | (0.56) | |||
| Skewness | (0.19) | |||
| Kurtosis | (0.21) |
FlexShares Quality One Year Return
Based on the recorded statements, FlexShares Quality Dividend has an One Year Return of 28.8%. This is 459.1% lower than that of the Flexshares Trust family and significantly higher than that of the Large Value category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in FlexShares Quality Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of FlexShares Quality is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Quality's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Quality'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 FlexShares Quality's market value can be influenced by many factors that don't directly affect FlexShares Quality'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 FlexShares Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Quality'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.