Tradr 2x Long Etf Technical Analysis
| SOXW Etf | 20.52 0.57 2.86% |
As of the 30th of November, Tradr 2X has the Risk Adjusted Performance of 0.0118, coefficient of variation of 20322.28, and Semi Deviation of 4.04. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tradr 2X Long, as well as the relationship between them. Please validate Tradr 2X Long coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Tradr 2X is priced more or less accurately, providing market reflects its prevalent price of 20.52 per share.
Tradr 2X Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tradr, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TradrTradr |
Tradr 2X 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.
Tradr 2X Long Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Tradr 2X Long volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tradr 2X Long Trend Analysis
Use this graph to draw trend lines for Tradr 2X Long. You can use it to identify possible trend reversals for Tradr 2X 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 Tradr 2X price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tradr 2X Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tradr 2X Long applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Tradr 2X Long market price will keep on failing further. It has 122 observation points and a regression sum of squares at 31.01, which is the sum of squared deviations for the predicted Tradr 2X price change compared to its average price change.About Tradr 2X 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 Tradr 2X Long 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 Tradr 2X Long based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Tradr 2X Long price pattern first instead of the macroeconomic environment surrounding Tradr 2X Long. By analyzing Tradr 2X'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 Tradr 2X'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 Tradr 2X specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tradr 2X November 30, 2024 Technical Indicators
Most technical analysis of Tradr 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 Tradr from various momentum indicators to cycle indicators. When you analyze Tradr 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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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0118 | |||
| Market Risk Adjusted Performance | 0.0135 | |||
| Mean Deviation | 2.84 | |||
| Semi Deviation | 4.04 | |||
| Downside Deviation | 4.18 | |||
| Coefficient Of Variation | 20322.28 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.66 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0035 | |||
| Maximum Drawdown | 19.87 | |||
| Value At Risk | (6.84) | |||
| Potential Upside | 5.98 | |||
| Downside Variance | 17.48 | |||
| Semi Variance | 16.29 | |||
| Expected Short fall | (2.82) | |||
| Skewness | (0.28) | |||
| Kurtosis | 0.8604 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tradr 2X Long. 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 Stocks Directory module to find actively traded stocks across global markets.
The market value of Tradr 2X Long is measured differently than its book value, which is the value of Tradr that is recorded on the company's balance sheet. Investors also form their own opinion of Tradr 2X's value that differs from its market value or its book value, called intrinsic value, which is Tradr 2X'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 Tradr 2X's market value can be influenced by many factors that don't directly affect Tradr 2X'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 Tradr 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tradr 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tradr 2X'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.