Rayliant Quantamental Emerging Etf Technical Analysis
| RAYE Etf | USD 25.03 0.23 0.91% |
As of the 28th of November, Rayliant Quantamental holds the Coefficient Of Variation of (1,149), risk adjusted performance of (0.07), and Variance of 0.6179. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rayliant Quantamental, as well as the relationship between them. Please check Rayliant Quantamental market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Rayliant Quantamental is priced some-what accurately, providing market reflects its current price of 25.03 per share.
Rayliant Quantamental Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rayliant, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RayliantRayliant |
Rayliant Quantamental 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.
Rayliant Quantamental 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 Rayliant Quantamental volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Rayliant Quantamental Trend Analysis
Use this graph to draw trend lines for Rayliant Quantamental Emerging. You can use it to identify possible trend reversals for Rayliant Quantamental 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 Rayliant Quantamental price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Rayliant Quantamental Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Rayliant Quantamental Emerging applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Rayliant Quantamental Emerging market price will keep on failing further. It has 122 observation points and a regression sum of squares at 11.05, which is the sum of squared deviations for the predicted Rayliant Quantamental price change compared to its average price change.About Rayliant Quantamental 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 Rayliant Quantamental Emerging 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 Rayliant Quantamental Emerging based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Rayliant Quantamental price pattern first instead of the macroeconomic environment surrounding Rayliant Quantamental. By analyzing Rayliant Quantamental'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 Rayliant Quantamental'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 Rayliant Quantamental specific price patterns or momentum indicators. Please read more on our technical analysis page.
Rayliant Quantamental November 28, 2024 Technical Indicators
Most technical analysis of Rayliant 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 Rayliant from various momentum indicators to cycle indicators. When you analyze Rayliant 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 | (0.07) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 0.6053 | |||
| Coefficient Of Variation | (1,149) | |||
| Standard Deviation | 0.786 | |||
| Variance | 0.6179 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 3.73 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.16 | |||
| Skewness | (0.48) | |||
| Kurtosis | 0.6608 |
Rayliant Quantamental November 28, 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 Rayliant 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 | 7.65 | ||
| Daily Balance Of Power | (2.56) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 25.08 | ||
| Day Typical Price | 25.06 | ||
| Price Action Indicator | (0.16) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rayliant Quantamental Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Rayliant Quantamental is measured differently than its book value, which is the value of Rayliant that is recorded on the company's balance sheet. Investors also form their own opinion of Rayliant Quantamental's value that differs from its market value or its book value, called intrinsic value, which is Rayliant Quantamental'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 Rayliant Quantamental's market value can be influenced by many factors that don't directly affect Rayliant Quantamental'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 Rayliant Quantamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rayliant Quantamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rayliant Quantamental'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.