Sofi Social 50 Etf Technical Analysis
| SFYF Etf | USD 42.32 0.01 0.02% |
As of the 27th of November, SoFi Social has the risk adjusted performance of 0.1598, and Coefficient Of Variation of 491.02. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SoFi Social 50, as well as the relationship between them. Please validate SoFi Social 50 downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if SoFi Social is priced more or less accurately, providing market reflects its prevalent price of 42.32 per share.
SoFi Social Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SoFi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SoFiSoFi |
SoFi Social 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.
SoFi Social 50 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 SoFi Social 50 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SoFi Social 50 Trend Analysis
Use this graph to draw trend lines for SoFi Social 50. You can use it to identify possible trend reversals for SoFi Social 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 SoFi Social price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SoFi Social Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SoFi Social 50 applied against its price change over selected period. The best fit line has a slop of 0.12 , which means SoFi Social 50 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 580.89, which is the sum of squared deviations for the predicted SoFi Social price change compared to its average price change.About SoFi Social 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 SoFi Social 50 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 SoFi Social 50 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SoFi Social 50 price pattern first instead of the macroeconomic environment surrounding SoFi Social 50. By analyzing SoFi Social'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 SoFi Social'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 SoFi Social specific price patterns or momentum indicators. Please read more on our technical analysis page.
SoFi Social November 27, 2024 Technical Indicators
Most technical analysis of SoFi 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 SoFi from various momentum indicators to cycle indicators. When you analyze SoFi 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 | 0.1598 | |||
| Market Risk Adjusted Performance | 0.2294 | |||
| Mean Deviation | 0.9598 | |||
| Semi Deviation | 0.9686 | |||
| Downside Deviation | 1.33 | |||
| Coefficient Of Variation | 491.02 | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.71 | |||
| Information Ratio | 0.1038 | |||
| Jensen Alpha | 0.1156 | |||
| Total Risk Alpha | 0.0503 | |||
| Sortino Ratio | 0.1018 | |||
| Treynor Ratio | 0.2194 | |||
| Maximum Drawdown | 5.45 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 2.45 | |||
| Downside Variance | 1.78 | |||
| Semi Variance | 0.9381 | |||
| Expected Short fall | (1.03) | |||
| Skewness | 0.006 | |||
| Kurtosis | 0.8332 |
SoFi Social November 27, 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 SoFi 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 | 29.66 | ||
| Daily Balance Of Power | 0.02 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 42.26 | ||
| Day Typical Price | 42.28 | ||
| Price Action Indicator | 0.07 | ||
| Market Facilitation Index | 0.0002 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoFi Social 50. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of SoFi Social 50 is measured differently than its book value, which is the value of SoFi that is recorded on the company's balance sheet. Investors also form their own opinion of SoFi Social's value that differs from its market value or its book value, called intrinsic value, which is SoFi Social'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 SoFi Social's market value can be influenced by many factors that don't directly affect SoFi Social'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 SoFi Social's value and its price as these two are different measures arrived at by different means. Investors typically determine if SoFi Social is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoFi Social'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.