Xtrackers Short Duration Etf Technical Analysis
| SHYL Etf | USD 45.35 0.06 0.13% |
As of the 31st of January, Xtrackers Short maintains the Market Risk Adjusted Performance of 0.2475, downside deviation of 0.2469, and Mean Deviation of 0.1597. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Xtrackers Short Duration, as well as the relationship between them. Please check out Xtrackers Short Duration information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Xtrackers Short Duration is priced fairly, providing market reflects its latest price of 45.35 per share.
Xtrackers Short Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Xtrackers, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to XtrackersXtrackers |
Xtrackers Short 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.
Xtrackers Short Duration Technical Analysis
The output start index for this execution was fourty-five with a total number of output elements of sixteen. 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 Xtrackers Short Duration volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Xtrackers Short Duration Trend Analysis
Use this graph to draw trend lines for Xtrackers Short Duration. You can use it to identify possible trend reversals for Xtrackers Short 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 Xtrackers Short price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Xtrackers Short Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Xtrackers Short Duration applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Xtrackers Short Duration will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.49, which is the sum of squared deviations for the predicted Xtrackers Short price change compared to its average price change.About Xtrackers Short 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 Xtrackers Short Duration 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 Xtrackers Short Duration based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Xtrackers Short Duration price pattern first instead of the macroeconomic environment surrounding Xtrackers Short Duration. By analyzing Xtrackers Short'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 Xtrackers Short'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 Xtrackers Short specific price patterns or momentum indicators. Please read more on our technical analysis page.
Xtrackers Short January 31, 2025 Technical Indicators
Most technical analysis of Xtrackers 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 Xtrackers from various momentum indicators to cycle indicators. When you analyze Xtrackers 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 | 0.0999 | |||
| Market Risk Adjusted Performance | 0.2475 | |||
| Mean Deviation | 0.1597 | |||
| Semi Deviation | 0.1121 | |||
| Downside Deviation | 0.2469 | |||
| Coefficient Of Variation | 656.33 | |||
| Standard Deviation | 0.2234 | |||
| Variance | 0.0499 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | 0.0149 | |||
| Total Risk Alpha | (0.000012) | |||
| Sortino Ratio | (0.27) | |||
| Treynor Ratio | 0.2375 | |||
| Maximum Drawdown | 1.27 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.3158 | |||
| Downside Variance | 0.0609 | |||
| Semi Variance | 0.0126 | |||
| Expected Short fall | (0.18) | |||
| Skewness | (0.80) | |||
| Kurtosis | 4.24 |
Xtrackers Short January 31, 2025 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 Xtrackers 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 | 48.14 | ||
| Daily Balance Of Power | 0.75 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 45.35 | ||
| Day Typical Price | 45.35 | ||
| Price Action Indicator | 0.03 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Xtrackers Short Duration. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Xtrackers Short Duration is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers Short's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Short'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 Xtrackers Short's market value can be influenced by many factors that don't directly affect Xtrackers Short'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 Xtrackers Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Short'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.