Soundwatch Hedged Equity Etf Technical Analysis
SHDG Etf | USD 29.73 0.10 0.34% |
As of the 24th of November, Soundwatch Hedged has the Coefficient Of Variation of 644.97, risk adjusted performance of 0.1169, and Semi Deviation of 0.5091. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Soundwatch Hedged Equity, as well as the relationship between them. Please validate Soundwatch Hedged Equity value at risk, as well as the relationship between the semi variance and kurtosis to decide if Soundwatch Hedged is priced more or less accurately, providing market reflects its prevalent price of 29.73 per share.
Soundwatch Hedged Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Soundwatch, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SoundwatchSoundwatch |
Soundwatch Hedged 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.
Soundwatch Hedged Equity Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Soundwatch Hedged Equity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Soundwatch Hedged Equity Trend Analysis
Use this graph to draw trend lines for Soundwatch Hedged Equity. You can use it to identify possible trend reversals for Soundwatch Hedged 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 Soundwatch Hedged price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Soundwatch Hedged Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Soundwatch Hedged Equity applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Soundwatch Hedged Equity will continue generating value for investors. It has 122 observation points and a regression sum of squares at 38.54, which is the sum of squared deviations for the predicted Soundwatch Hedged price change compared to its average price change.About Soundwatch Hedged 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 Soundwatch Hedged Equity 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 Soundwatch Hedged Equity based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Soundwatch Hedged Equity price pattern first instead of the macroeconomic environment surrounding Soundwatch Hedged Equity. By analyzing Soundwatch Hedged'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 Soundwatch Hedged'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 Soundwatch Hedged specific price patterns or momentum indicators. Please read more on our technical analysis page.
Soundwatch Hedged November 24, 2024 Technical Indicators
Most technical analysis of Soundwatch 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 Soundwatch from various momentum indicators to cycle indicators. When you analyze Soundwatch 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 | 0.1169 | |||
Market Risk Adjusted Performance | 0.1383 | |||
Mean Deviation | 0.4503 | |||
Semi Deviation | 0.5091 | |||
Downside Deviation | 0.656 | |||
Coefficient Of Variation | 644.97 | |||
Standard Deviation | 0.6375 | |||
Variance | 0.4065 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | 0.0052 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.1283 | |||
Maximum Drawdown | 3.2 | |||
Value At Risk | (0.98) | |||
Potential Upside | 0.8925 | |||
Downside Variance | 0.4303 | |||
Semi Variance | 0.2592 | |||
Expected Short fall | (0.48) | |||
Skewness | (0.11) | |||
Kurtosis | 2.72 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soundwatch Hedged Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of Soundwatch Hedged Equity is measured differently than its book value, which is the value of Soundwatch that is recorded on the company's balance sheet. Investors also form their own opinion of Soundwatch Hedged's value that differs from its market value or its book value, called intrinsic value, which is Soundwatch Hedged'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 Soundwatch Hedged's market value can be influenced by many factors that don't directly affect Soundwatch Hedged'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 Soundwatch Hedged's value and its price as these two are different measures arrived at by different means. Investors typically determine if Soundwatch Hedged is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Soundwatch Hedged'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.