Wahed Dow Jones Etf Technical Analysis
| UMMA Etf | USD 24.02 0.21 0.88% |
As of the 21st of November, Wahed Dow maintains the Market Risk Adjusted Performance of (0.14), mean deviation of 0.8518, and Standard Deviation of 1.12. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wahed Dow Jones, as well as the relationship between them.
Wahed Dow Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wahed, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WahedWahed |
Wahed Dow 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.
Wahed Dow Jones Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Wahed Dow Jones volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wahed Dow Jones Trend Analysis
Use this graph to draw trend lines for Wahed Dow Jones. You can use it to identify possible trend reversals for Wahed Dow 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 Wahed Dow price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wahed Dow Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wahed Dow Jones applied against its price change over selected period. The best fit line has a slop of 0.0091 , which may suggest that Wahed Dow Jones market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.14, which is the sum of squared deviations for the predicted Wahed Dow price change compared to its average price change.About Wahed Dow 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 Wahed Dow Jones 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 Wahed Dow Jones based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Wahed Dow Jones price pattern first instead of the macroeconomic environment surrounding Wahed Dow Jones. By analyzing Wahed Dow'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 Wahed Dow'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 Wahed Dow specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wahed Dow November 21, 2024 Technical Indicators
Most technical analysis of Wahed 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 Wahed from various momentum indicators to cycle indicators. When you analyze Wahed 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 0.8518 | |||
| Coefficient Of Variation | (1,453) | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.26 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 5.34 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.93 | |||
| Skewness | 0.3337 | |||
| Kurtosis | 1.17 |
Wahed Dow November 21, 2024 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 Wahed 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 | 177.40 | ||
| Daily Balance Of Power | 0.81 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 23.90 | ||
| Day Typical Price | 23.94 | ||
| Price Action Indicator | 0.22 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Wahed Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of Wahed Dow Jones is measured differently than its book value, which is the value of Wahed that is recorded on the company's balance sheet. Investors also form their own opinion of Wahed Dow's value that differs from its market value or its book value, called intrinsic value, which is Wahed Dow'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 Wahed Dow's market value can be influenced by many factors that don't directly affect Wahed Dow'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 Wahed Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wahed Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wahed Dow'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.