Advocate Capital Management Etf Technical Analysis
RRH Etf | USD 23.85 0.28 1.19% |
As of the 28th of November, Advocate Capital shows the Downside Deviation of 2.22, risk adjusted performance of 0.0277, and Mean Deviation of 1.36. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Advocate Capital, as well as the relationship between them.
Advocate Capital Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Advocate, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AdvocateAdvocate |
Advocate Capital 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.
Advocate Capital Man Technical Analysis
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Advocate Capital Man Trend Analysis
Use this graph to draw trend lines for Advocate Capital Management. You can use it to identify possible trend reversals for Advocate Capital 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 Advocate Capital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Advocate Capital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Advocate Capital Management applied against its price change over selected period. The best fit line has a slop of 0.05 , which may imply that Advocate Capital Management will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 92.03, which is the sum of squared deviations for the predicted Advocate Capital price change compared to its average price change.About Advocate Capital 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 Advocate Capital Management 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 Advocate Capital Management based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Advocate Capital Man price pattern first instead of the macroeconomic environment surrounding Advocate Capital Man. By analyzing Advocate Capital'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 Advocate Capital'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 Advocate Capital specific price patterns or momentum indicators. Please read more on our technical analysis page.
Advocate Capital November 28, 2024 Technical Indicators
Most technical analysis of Advocate 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 Advocate from various momentum indicators to cycle indicators. When you analyze Advocate 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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Pattern Recognition | ||
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Volume Indicators |
Risk Adjusted Performance | 0.0277 | |||
Market Risk Adjusted Performance | 0.2178 | |||
Mean Deviation | 1.36 | |||
Semi Deviation | 2.05 | |||
Downside Deviation | 2.22 | |||
Coefficient Of Variation | 3538.56 | |||
Standard Deviation | 1.92 | |||
Variance | 3.7 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | 0.0197 | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.2078 | |||
Maximum Drawdown | 8.99 | |||
Value At Risk | (2.51) | |||
Potential Upside | 3.64 | |||
Downside Variance | 4.93 | |||
Semi Variance | 4.21 | |||
Expected Short fall | (1.23) | |||
Skewness | (0.52) | |||
Kurtosis | 2.29 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of Advocate Capital Man is measured differently than its book value, which is the value of Advocate that is recorded on the company's balance sheet. Investors also form their own opinion of Advocate Capital's value that differs from its market value or its book value, called intrinsic value, which is Advocate Capital'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 Advocate Capital's market value can be influenced by many factors that don't directly affect Advocate Capital'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 Advocate Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advocate Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advocate Capital'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.