Ubs Etracs Etf Technical Analysis
| WTID Etf | USD 16.26 0.11 0.68% |
As of the 27th of November, UBS ETRACS has the Downside Deviation of 3.44, market risk adjusted performance of 0.0101, and Risk Adjusted Performance of 0.0099. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of UBS ETRACS, as well as the relationship between them. Please validate UBS ETRACS jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if UBS ETRACS is priced adequately, providing market reflects its prevalent price of 16.26 per share.
UBS ETRACS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as UBS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UBSUBS |
UBS ETRACS 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.
UBS ETRACS 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 UBS ETRACS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
UBS ETRACS Trend Analysis
Use this graph to draw trend lines for UBS ETRACS . You can use it to identify possible trend reversals for UBS ETRACS 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 UBS ETRACS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.UBS ETRACS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for UBS ETRACS applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that UBS ETRACS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 138.48, which is the sum of squared deviations for the predicted UBS ETRACS price change compared to its average price change.About UBS ETRACS 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 UBS ETRACS 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 UBS ETRACS based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on UBS ETRACS price pattern first instead of the macroeconomic environment surrounding UBS ETRACS. By analyzing UBS ETRACS'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 UBS ETRACS'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 UBS ETRACS specific price patterns or momentum indicators. Please read more on our technical analysis page.
UBS ETRACS November 27, 2024 Technical Indicators
Most technical analysis of UBS 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 UBS from various momentum indicators to cycle indicators. When you analyze UBS 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 | 0.0099 | |||
| Market Risk Adjusted Performance | 0.0101 | |||
| Mean Deviation | 3.05 | |||
| Semi Deviation | 3.39 | |||
| Downside Deviation | 3.44 | |||
| Coefficient Of Variation | 40257.49 | |||
| Standard Deviation | 3.91 | |||
| Variance | 15.3 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.2334 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 1.0E-4 | |||
| Maximum Drawdown | 20.79 | |||
| Value At Risk | (5.57) | |||
| Potential Upside | 6.6 | |||
| Downside Variance | 11.82 | |||
| Semi Variance | 11.5 | |||
| Expected Short fall | (3.73) | |||
| Skewness | 0.3188 | |||
| Kurtosis | 0.6428 |
UBS ETRACS One Year Return
Based on the recorded statements, UBS ETRACS has an One Year Return of 158%. This is 791600.0% lower than that of the UBS Group AG family and significantly higher than that of the Trading--Inverse Commodities category. The one year return for all United States etfs is notably lower than that of the firm.
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.UBS ETRACS November 27, 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 UBS 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 | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 16.26 | ||
| Day Typical Price | 16.26 | ||
| Price Action Indicator | 0.06 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UBS ETRACS . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of UBS ETRACS is measured differently than its book value, which is the value of UBS that is recorded on the company's balance sheet. Investors also form their own opinion of UBS ETRACS's value that differs from its market value or its book value, called intrinsic value, which is UBS ETRACS'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 UBS ETRACS's market value can be influenced by many factors that don't directly affect UBS ETRACS'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 UBS ETRACS's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBS ETRACS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBS ETRACS'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.