Us Global Sea Etf Technical Analysis
| SEA Etf | USD 16.10 0.03 0.19% |
As of the 25th of November, US Global owns the Standard Deviation of 1.21, mean deviation of 0.9225, and Risk Adjusted Performance of (0.05). Concerning fundamental indicators, the technical analysis model makes it possible for you to check potential technical drivers of US Global Sea, as well as the relationship between them.
US Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SEA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SEASEA |
US Global 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.
US Global Sea Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 US Global Sea volatility. High ATR values indicate high volatility, and low values indicate low volatility.
US Global Sea Trend Analysis
Use this graph to draw trend lines for US Global Sea. You can use it to identify possible trend reversals for US Global 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 US Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.US Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for US Global Sea applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in US Global Sea will continue to fail. It has 122 observation points and a regression sum of squares at 20.16, which is the sum of squared deviations for the predicted US Global price change compared to its average price change.About US Global 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 US Global Sea 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 US Global Sea based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on US Global Sea price pattern first instead of the macroeconomic environment surrounding US Global Sea. By analyzing US Global'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 US Global'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 US Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
US Global November 25, 2024 Technical Indicators
Most technical analysis of SEA 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 SEA from various momentum indicators to cycle indicators. When you analyze SEA 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 | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.27) | |||
| Mean Deviation | 0.9225 | |||
| Coefficient Of Variation | (1,520) | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.46 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.28) | |||
| Maximum Drawdown | 5.5 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 1.81 | |||
| Skewness | (0.17) | |||
| Kurtosis | 0.1563 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Global Sea. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of US Global Sea is measured differently than its book value, which is the value of SEA that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.