Purpose Strategic Yield Etf Technical Analysis
| SYLD Etf | CAD 20.05 0.02 0.1% |
As of the 24th of January, Purpose Strategic holds the Coefficient Of Variation of 1661.11, semi deviation of 0.1556, and Risk Adjusted Performance of 0.0133. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Purpose Strategic, as well as the relationship between them.
Purpose Strategic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Purpose, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PurposePurpose |
Purpose Strategic 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Purpose Strategic's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Purpose Strategic.
| 10/26/2025 |
| 01/24/2026 |
If you would invest 0.00 in Purpose Strategic on October 26, 2025 and sell it all today you would earn a total of 0.00 from holding Purpose Strategic Yield or generate 0.0% return on investment in Purpose Strategic over 90 days. Purpose Strategic is related to or competes with IShares Canadian, Dynamic Active, BMO Balanced, Manulife Multifactor, Franklin Large, CI Canada, and Evolve Banks. The funds investment objective is to provide investors with a high yield by investing primarily in, or obtaining exposur... More
Purpose Strategic Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Purpose Strategic's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Purpose Strategic Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2103 | |||
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 0.9526 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.2515 |
Purpose Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Purpose Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Purpose Strategic's standard deviation. In reality, there are many statistical measures that can use Purpose Strategic historical prices to predict the future Purpose Strategic's volatility.| Risk Adjusted Performance | 0.0133 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | 0.0091 |
Purpose Strategic January 24, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0133 | |||
| Market Risk Adjusted Performance | 0.0191 | |||
| Mean Deviation | 0.1342 | |||
| Semi Deviation | 0.1556 | |||
| Downside Deviation | 0.2103 | |||
| Coefficient Of Variation | 1661.11 | |||
| Standard Deviation | 0.1797 | |||
| Variance | 0.0323 | |||
| Information Ratio | (0.38) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | 0.0091 | |||
| Maximum Drawdown | 0.9526 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.2515 | |||
| Downside Variance | 0.0442 | |||
| Semi Variance | 0.0242 | |||
| Expected Short fall | (0.15) | |||
| Skewness | (0.96) | |||
| Kurtosis | 2.98 |
Purpose Strategic Yield Backtested Returns
As of now, Purpose Etf is very steady. Purpose Strategic Yield maintains Sharpe Ratio (i.e., Efficiency) of 0.0505, which implies the entity had a 0.0505 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Purpose Strategic Yield, which you can use to evaluate the volatility of the etf. Please check Purpose Strategic's Coefficient Of Variation of 1661.11, risk adjusted performance of 0.0133, and Semi Deviation of 0.1556 to confirm if the risk estimate we provide is consistent with the expected return of 0.009%. The etf holds a Beta of 0.0897, which implies not very significant fluctuations relative to the market. As returns on the market increase, Purpose Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Purpose Strategic is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Purpose Strategic Yield has no correlation between past and present. Overlapping area represents the amount of predictability between Purpose Strategic time series from 26th of October 2025 to 10th of December 2025 and 10th of December 2025 to 24th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Purpose Strategic Yield price movement. The serial correlation of 0.0 indicates that just 0.0% of current Purpose Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Purpose Strategic 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.
Purpose Strategic Yield Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Purpose Strategic Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Purpose Strategic 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 Purpose Strategic Yield 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 Purpose Strategic Yield based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Purpose Strategic Yield price pattern first instead of the macroeconomic environment surrounding Purpose Strategic Yield. By analyzing Purpose Strategic'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 Purpose Strategic'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 Purpose Strategic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Purpose Strategic January 24, 2026 Technical Indicators
Most technical analysis of Purpose 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 Purpose from various momentum indicators to cycle indicators. When you analyze Purpose 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 | 0.0133 | |||
| Market Risk Adjusted Performance | 0.0191 | |||
| Mean Deviation | 0.1342 | |||
| Semi Deviation | 0.1556 | |||
| Downside Deviation | 0.2103 | |||
| Coefficient Of Variation | 1661.11 | |||
| Standard Deviation | 0.1797 | |||
| Variance | 0.0323 | |||
| Information Ratio | (0.38) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | 0.0091 | |||
| Maximum Drawdown | 0.9526 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.2515 | |||
| Downside Variance | 0.0442 | |||
| Semi Variance | 0.0242 | |||
| Expected Short fall | (0.15) | |||
| Skewness | (0.96) | |||
| Kurtosis | 2.98 |
Purpose Strategic January 24, 2026 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 Purpose 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 | 15.72 | ||
| Daily Balance Of Power | (0.67) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 20.05 | ||
| Day Typical Price | 20.05 | ||
| Price Action Indicator | 0.00 |
Other Information on Investing in Purpose Etf
Purpose Strategic financial ratios help investors to determine whether Purpose Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Purpose with respect to the benefits of owning Purpose Strategic security.