United States 12 Etf Technical Analysis
UNL Etf | USD 7.49 0.24 3.10% |
As of the 22nd of November, United States has the Risk Adjusted Performance of 0.0225, semi deviation of 1.75, and Coefficient Of Variation of 4523.9. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of United States 12, as well as the relationship between them. Please validate United States 12 coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if United States is priced more or less accurately, providing market reflects its prevalent price of 7.49 per share.
United States Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as United, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UnitedUnited |
United States 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.
United States 12 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 United States 12 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
United States 12 Trend Analysis
Use this graph to draw trend lines for United States 12. You can use it to identify possible trend reversals for United States 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 United States price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.United States Best Fit Change Line
The following chart estimates an ordinary least squares regression model for United States 12 applied against its price change over selected period. The best fit line has a slop of 0.0053 , which may imply that the returns on investment in United States 12 will continue to fail. It has 122 observation points and a regression sum of squares at 1.06, which is the sum of squared deviations for the predicted United States price change compared to its average price change.About United States 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 United States 12 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 United States 12 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on United States 12 price pattern first instead of the macroeconomic environment surrounding United States 12. By analyzing United States'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 United States'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 United States specific price patterns or momentum indicators. Please read more on our technical analysis page.
United States November 22, 2024 Technical Indicators
Most technical analysis of United 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 United from various momentum indicators to cycle indicators. When you analyze United 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 | 0.0225 | |||
Market Risk Adjusted Performance | (0.24) | |||
Mean Deviation | 1.35 | |||
Semi Deviation | 1.75 | |||
Downside Deviation | 1.82 | |||
Coefficient Of Variation | 4523.9 | |||
Standard Deviation | 1.77 | |||
Variance | 3.13 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | 0.0408 | |||
Total Risk Alpha | (0.20) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (0.25) | |||
Maximum Drawdown | 9.07 | |||
Value At Risk | (2.81) | |||
Potential Upside | 2.74 | |||
Downside Variance | 3.32 | |||
Semi Variance | 3.06 | |||
Expected Short fall | (1.35) | |||
Skewness | 0.1108 | |||
Kurtosis | 0.9056 |
United States 12 One Year Return
Based on the recorded statements, United States 12 has an One Year Return of -24.2%. This is 179.19% lower than that of the USCF Investments family and significantly lower than that of the Commodities Focused category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.United States November 22, 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 United 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 | 3,509 | ||
Daily Balance Of Power | (1.60) | ||
Rate Of Daily Change | 0.97 | ||
Day Median Price | 7.45 | ||
Day Typical Price | 7.46 | ||
Price Action Indicator | (0.07) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States 12. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of United States 12 is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 United States' market value can be influenced by many factors that don't directly affect United States' 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 United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.