Us Treasury 6 Etf Technical Analysis
| XBIL Etf | 50.12 0.01 0.02% |
As of the 22nd of November, US Treasury owns the Coefficient Of Variation of 142.83, mean deviation of 0.0209, and Risk Adjusted Performance of 0.2485. Concerning fundamental indicators, the technical analysis model makes it possible for you to check potential technical drivers of US Treasury 6, as well as the relationship between them. Please validate US Treasury 6 variance, as well as the relationship between the value at risk and skewness to decide if US Treasury 6 is priced correctly, providing market reflects its prevailing price of 50.12 per share.
US Treasury Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as XBIL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to XBILXBIL |
US Treasury 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.
US Treasury 6 Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 US Treasury 6 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
US Treasury 6 Trend Analysis
Use this graph to draw trend lines for US Treasury 6. You can use it to identify possible trend reversals for US Treasury 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 US Treasury price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.US Treasury Best Fit Change Line
The following chart estimates an ordinary least squares regression model for US Treasury 6 applied against its price change over selected period. The best fit line has a slop of 0.01 , which means US Treasury 6 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.86, which is the sum of squared deviations for the predicted US Treasury price change compared to its average price change.About US Treasury 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 US Treasury 6 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 US Treasury 6 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on US Treasury 6 price pattern first instead of the macroeconomic environment surrounding US Treasury 6. By analyzing US Treasury'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 US Treasury'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 US Treasury specific price patterns or momentum indicators. Please read more on our technical analysis page.
US Treasury November 22, 2024 Technical Indicators
Most technical analysis of XBIL 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 XBIL from various momentum indicators to cycle indicators. When you analyze XBIL 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 | 0.2485 | |||
| Market Risk Adjusted Performance | 2.37 | |||
| Mean Deviation | 0.0209 | |||
| Downside Deviation | 0.0259 | |||
| Coefficient Of Variation | 142.83 | |||
| Standard Deviation | 0.0261 | |||
| Variance | 7.0E-4 | |||
| Information Ratio | (2.96) | |||
| Jensen Alpha | 0.008 | |||
| Total Risk Alpha | 0.0053 | |||
| Sortino Ratio | (2.97) | |||
| Treynor Ratio | 2.36 | |||
| Maximum Drawdown | 0.1009 | |||
| Value At Risk | (0.02) | |||
| Potential Upside | 0.0606 | |||
| Downside Variance | 7.0E-4 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.04) | |||
| Skewness | 0.3496 | |||
| Kurtosis | (0.27) |
US Treasury 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 XBIL 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 | 14.06 | ||
| Daily Balance Of Power | 1.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 50.11 | ||
| Day Typical Price | 50.12 | ||
| Price Action Indicator | 0.01 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in US Treasury 6. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of US Treasury 6 is measured differently than its book value, which is the value of XBIL that is recorded on the company's balance sheet. Investors also form their own opinion of US Treasury's value that differs from its market value or its book value, called intrinsic value, which is US Treasury'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 US Treasury's market value can be influenced by many factors that don't directly affect US Treasury'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 US Treasury's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Treasury is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Treasury'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.