Vident Core Equity Etf Technical Analysis
VUSE Etf | USD 61.43 0.34 0.56% |
As of the 26th of November, Vident Core has the Semi Deviation of 0.6292, coefficient of variation of 543.09, and Risk Adjusted Performance of 0.1415. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vident Core Equity, as well as the relationship between them. Please validate Vident Core Equity information ratio, as well as the relationship between the potential upside and kurtosis to decide if Vident Core is priced more or less accurately, providing market reflects its prevalent price of 61.43 per share.
Vident Core Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Vident, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VidentVident |
Vident Core 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.
Vident Core Equity Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Vident Core Equity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vident Core Equity Trend Analysis
Use this graph to draw trend lines for Vident Core Equity. You can use it to identify possible trend reversals for Vident Core 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 Vident Core price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vident Core Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vident Core Equity applied against its price change over selected period. The best fit line has a slop of 0.11 , which means Vident Core Equity will continue generating value for investors. It has 122 observation points and a regression sum of squares at 426.6, which is the sum of squared deviations for the predicted Vident Core price change compared to its average price change.About Vident Core 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 Vident Core Equity 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 Vident Core Equity based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Vident Core Equity price pattern first instead of the macroeconomic environment surrounding Vident Core Equity. By analyzing Vident Core'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 Vident Core'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 Vident Core specific price patterns or momentum indicators. Please read more on our technical analysis page.
Vident Core November 26, 2024 Technical Indicators
Most technical analysis of Vident 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 Vident from various momentum indicators to cycle indicators. When you analyze Vident 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 | 0.1415 | |||
Market Risk Adjusted Performance | 0.1588 | |||
Mean Deviation | 0.6073 | |||
Semi Deviation | 0.6292 | |||
Downside Deviation | 0.7982 | |||
Coefficient Of Variation | 543.09 | |||
Standard Deviation | 0.826 | |||
Variance | 0.6823 | |||
Information Ratio | 0.0284 | |||
Jensen Alpha | 0.0288 | |||
Total Risk Alpha | 0.0139 | |||
Sortino Ratio | 0.0294 | |||
Treynor Ratio | 0.1488 | |||
Maximum Drawdown | 4.52 | |||
Value At Risk | (1.10) | |||
Potential Upside | 1.4 | |||
Downside Variance | 0.6372 | |||
Semi Variance | 0.3959 | |||
Expected Short fall | (0.67) | |||
Skewness | 0.1684 | |||
Kurtosis | 2.68 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vident Core Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Vident Core Equity is measured differently than its book value, which is the value of Vident that is recorded on the company's balance sheet. Investors also form their own opinion of Vident Core's value that differs from its market value or its book value, called intrinsic value, which is Vident Core'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 Vident Core's market value can be influenced by many factors that don't directly affect Vident Core'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 Vident Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vident Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vident Core'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.