6 Meridian Low Etf Technical Analysis
| SIXL Etf | USD 37.64 0.02 0.05% |
As of the 19th of January, 6 Meridian shows the mean deviation of 0.5417, and Coefficient Of Variation of 6397.73. Compared to fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of 6 Meridian, as well as the relationship between them. Please confirm 6 Meridian Low standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if 6 Meridian Low is priced more or less accurately, providing market reflects its regular price of 37.64 per share.
6 Meridian Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SIXL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SIXLSIXL |
6 Meridian 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.
6 Meridian Low Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 6 Meridian Low volatility. High ATR values indicate high volatility, and low values indicate low volatility.
6 Meridian Low Trend Analysis
Use this graph to draw trend lines for 6 Meridian Low. You can use it to identify possible trend reversals for 6 Meridian 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 6 Meridian price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.6 Meridian Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 6 Meridian Low applied against its price change over selected period. The best fit line has a slop of 0.0092 , which may suggest that 6 Meridian Low market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.21, which is the sum of squared deviations for the predicted 6 Meridian price change compared to its average price change.About 6 Meridian 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 6 Meridian Low 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 6 Meridian Low based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on 6 Meridian Low price pattern first instead of the macroeconomic environment surrounding 6 Meridian Low. By analyzing 6 Meridian'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 6 Meridian'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 6 Meridian specific price patterns or momentum indicators. Please read more on our technical analysis page.
6 Meridian January 19, 2025 Technical Indicators
Most technical analysis of SIXL 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 SIXL from various momentum indicators to cycle indicators. When you analyze SIXL 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 | ||
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| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0118 | |||
| Market Risk Adjusted Performance | 0.0142 | |||
| Mean Deviation | 0.5417 | |||
| Semi Deviation | 0.72 | |||
| Downside Deviation | 0.7399 | |||
| Coefficient Of Variation | 6397.73 | |||
| Standard Deviation | 0.7411 | |||
| Variance | 0.5493 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0042 | |||
| Maximum Drawdown | 4.96 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 1.1 | |||
| Downside Variance | 0.5475 | |||
| Semi Variance | 0.5185 | |||
| Expected Short fall | (0.55) | |||
| Skewness | 0.1968 | |||
| Kurtosis | 2.5 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 6 Meridian Low. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of 6 Meridian Low is measured differently than its book value, which is the value of SIXL that is recorded on the company's balance sheet. Investors also form their own opinion of 6 Meridian's value that differs from its market value or its book value, called intrinsic value, which is 6 Meridian'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 6 Meridian's market value can be influenced by many factors that don't directly affect 6 Meridian'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 6 Meridian's value and its price as these two are different measures arrived at by different means. Investors typically determine if 6 Meridian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 6 Meridian'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.