Fm Opportunistic Income Etf Technical Analysis
| XFIX Etf | 52.70 0.20 0.38% |
As of the 30th of November, Fm Opportunistic owns the Downside Deviation of 0.2799, standard deviation of 0.2775, and Market Risk Adjusted Performance of (0.41). In respect to fundamental indicators, the technical analysis model provides you with a way to check possible technical drivers of Fm Opportunistic Income, as well as the relationship between them.
Fm Opportunistic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as XFIX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to XFIXXFIX |
Fm Opportunistic 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.
Fm Opportunistic Income Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Fm Opportunistic Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Fm Opportunistic Income Trend Analysis
Use this graph to draw trend lines for Fm Opportunistic Income. You can use it to identify possible trend reversals for Fm Opportunistic 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 Fm Opportunistic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Fm Opportunistic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Fm Opportunistic Income applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Fm Opportunistic Income market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9.97, which is the sum of squared deviations for the predicted Fm Opportunistic price change compared to its average price change.About Fm Opportunistic 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 Fm Opportunistic Income 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 Fm Opportunistic Income based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Fm Opportunistic Income price pattern first instead of the macroeconomic environment surrounding Fm Opportunistic Income. By analyzing Fm Opportunistic'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 Fm Opportunistic'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 Fm Opportunistic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Fm Opportunistic November 30, 2024 Technical Indicators
Most technical analysis of XFIX 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 XFIX from various momentum indicators to cycle indicators. When you analyze XFIX 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 | 0.0177 | |||
| Market Risk Adjusted Performance | (0.41) | |||
| Mean Deviation | 0.2155 | |||
| Semi Deviation | 0.2452 | |||
| Downside Deviation | 0.2799 | |||
| Coefficient Of Variation | 2169.12 | |||
| Standard Deviation | 0.2775 | |||
| Variance | 0.077 | |||
| Information Ratio | (0.45) | |||
| Jensen Alpha | 0.0036 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.45) | |||
| Treynor Ratio | (0.42) | |||
| Maximum Drawdown | 1.19 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.4171 | |||
| Downside Variance | 0.0784 | |||
| Semi Variance | 0.0601 | |||
| Expected Short fall | (0.22) | |||
| Skewness | 0.1231 | |||
| Kurtosis | 0.5845 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Fm Opportunistic Income. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Fm Opportunistic Income is measured differently than its book value, which is the value of XFIX that is recorded on the company's balance sheet. Investors also form their own opinion of Fm Opportunistic's value that differs from its market value or its book value, called intrinsic value, which is Fm Opportunistic'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 Fm Opportunistic's market value can be influenced by many factors that don't directly affect Fm Opportunistic'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 Fm Opportunistic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fm Opportunistic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fm Opportunistic'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.