Guinness Atkinson Funds Etf Technical Analysis
| SOLR Etf | USD 26.72 0.30 1.14% |
As of the 24th of November, Guinness Atkinson retains the Standard Deviation of 1.23, market risk adjusted performance of (0.04), and Risk Adjusted Performance of (0.01). Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Guinness Atkinson Funds, as well as the relationship between them. Please check out Guinness Atkinson Funds variance and skewness to decide if Guinness Atkinson is priced fairly, providing market reflects its last-minute price of 26.72 per share.
Guinness Atkinson Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Guinness, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GuinnessGuinness |
Guinness Atkinson 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.
Guinness Atkinson Funds 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 Guinness Atkinson Funds volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Guinness Atkinson Funds Trend Analysis
Use this graph to draw trend lines for Guinness Atkinson Funds. You can use it to identify possible trend reversals for Guinness Atkinson 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 Guinness Atkinson price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Guinness Atkinson Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Guinness Atkinson Funds applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Guinness Atkinson Funds market price will keep on failing further. It has 122 observation points and a regression sum of squares at 16.18, which is the sum of squared deviations for the predicted Guinness Atkinson price change compared to its average price change.About Guinness Atkinson 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 Guinness Atkinson Funds 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 Guinness Atkinson Funds based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Guinness Atkinson Funds price pattern first instead of the macroeconomic environment surrounding Guinness Atkinson Funds. By analyzing Guinness Atkinson'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 Guinness Atkinson'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 Guinness Atkinson specific price patterns or momentum indicators. Please read more on our technical analysis page.
Guinness Atkinson November 24, 2024 Technical Indicators
Most technical analysis of Guinness 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 Guinness from various momentum indicators to cycle indicators. When you analyze Guinness 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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| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 0.9564 | |||
| Coefficient Of Variation | (5,492) | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.5 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 6.13 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.96 | |||
| Skewness | (0.22) | |||
| Kurtosis | 0.4084 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Guinness Atkinson Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Guinness Atkinson Funds is measured differently than its book value, which is the value of Guinness that is recorded on the company's balance sheet. Investors also form their own opinion of Guinness Atkinson's value that differs from its market value or its book value, called intrinsic value, which is Guinness Atkinson'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 Guinness Atkinson's market value can be influenced by many factors that don't directly affect Guinness Atkinson'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 Guinness Atkinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guinness Atkinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guinness Atkinson'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.