The 2023 Etf Technical Analysis
QLTI Etf | 23.27 0.46 1.94% |
As of the 30th of November, 2023 ETF shows the coefficient of variation of (309.96), and Risk Adjusted Performance of (0.24). In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of 2023 ETF, as well as the relationship between them.
2023 ETF Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 2023, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 20232023 |
2023 ETF 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.
2023 ETF Technical Analysis
The output start index for this execution was ten with a total number of output elements of fourteen. 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 2023 ETF volatility. High ATR values indicate high volatility, and low values indicate low volatility.
2023 ETF Trend Analysis
Use this graph to draw trend lines for The 2023 ETF. You can use it to identify possible trend reversals for 2023 ETF 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 2023 ETF price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.2023 ETF Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The 2023 ETF applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that The 2023 ETF market price will keep on failing further. It has 48 observation points and a regression sum of squares at 10.94, which is the sum of squared deviations for the predicted 2023 ETF price change compared to its average price change.About 2023 ETF 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 The 2023 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 The 2023 ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on 2023 ETF price pattern first instead of the macroeconomic environment surrounding 2023 ETF. By analyzing 2023 ETF'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 2023 ETF'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 2023 ETF specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 ETF November 30, 2024 Technical Indicators
Most technical analysis of 2023 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 2023 from various momentum indicators to cycle indicators. When you analyze 2023 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 | (0.24) | |||
Market Risk Adjusted Performance | (2.42) | |||
Mean Deviation | 0.7498 | |||
Coefficient Of Variation | (309.96) | |||
Standard Deviation | 0.9448 | |||
Variance | 0.8926 | |||
Information Ratio | (0.47) | |||
Jensen Alpha | (0.33) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | (2.43) | |||
Maximum Drawdown | 3.45 | |||
Value At Risk | (1.83) | |||
Potential Upside | 0.9856 | |||
Skewness | (0.05) | |||
Kurtosis | (0.23) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The 2023 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 estimate. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 ETF'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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 ETF'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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 ETF'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.