Ultrashort Etf Technical Analysis

SMN
 Etf
  

USD 15.32  0.01  0.07%   

As of the 1st of October, Ultrashort Basic has the Coefficient Of Variation of 1418.28, risk adjusted performance of 0.0867, and Semi Deviation of 2.94. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ultrashort Basic Mat, as well as the relationship between them. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Ultrashort Basic Materials, which can be compared to its competition. Please validate Ultrashort Basic Mat jensen alpha and downside variance to decide if Ultrashort Basic is priced more or less accurately, providing market reflects its prevalent price of 15.32 per share.
  

Ultrashort Basic Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ultrashort, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Ultrashort
Ultrashort Basic's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Ultrashort Basic 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.
A focus of Ultrashort Basic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ultrashort Basic trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Ultrashort Basic Mat Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Ultrashort Basic Mat volatility developed by Welles Wilder.
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Ultrashort Basic Mat Trend Analysis

Use this graph to draw trend lines for Ultrashort Basic Materials. You can use it to identify possible trend reversals for Ultrashort Basic 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 Ultrashort Basic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ultrashort Basic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ultrashort Basic Materials applied against its price change over selected period. The best fit line has a slop of   0.007276  , which may imply that Ultrashort Basic Materials will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2.0, which is the sum of squared deviations for the predicted Ultrashort Basic price change compared to its average price change.

About Ultrashort Basic 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 Ultrashort Basic Materials 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 Ultrashort Basic Materials based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Ultrashort Basic Mat price pattern first instead of the macroeconomic environment surrounding Ultrashort Basic Mat. By analyzing Ultrashort Basic'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 Ultrashort Basic'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 Ultrashort Basic specific price patterns or momentum indicators. Please read more on our technical analysis page.

Ultrashort Basic October 1, 2022 Technical Indicators

Most technical analysis of Ultrashort 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 Ultrashort from various momentum indicators to cycle indicators. When you analyze Ultrashort 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.

Ultrashort Basic Mat One Year Return

Based on the recorded statements, Ultrashort Basic Materials has an One Year Return of -5.86%. This is 65.49% lower than that of the ProShares family and 159.15% lower than that of the Trading--Inverse Equity 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.

Ultrashort Basic October 1, 2022 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 Ultrashort 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.
Additionally, take a look at World Market Map. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for analysis

When running Ultrashort Basic Mat price analysis, check to measure Ultrashort Basic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ultrashort Basic is operating at the current time. Most of Ultrashort Basic's value examination focuses on studying past and present price action to predict the probability of Ultrashort Basic's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ultrashort Basic's price. Additionally, you may evaluate how the addition of Ultrashort Basic to your portfolios can decrease your overall portfolio volatility.
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The market value of Ultrashort Basic Mat is measured differently than its book value, which is the value of Ultrashort that is recorded on the company's balance sheet. Investors also form their own opinion of Ultrashort Basic's value that differs from its market value or its book value, called intrinsic value, which is Ultrashort Basic'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 Ultrashort Basic's market value can be influenced by many factors that don't directly affect Ultrashort Basic'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 Ultrashort Basic's value and its price as these two are different measures arrived at by different means. Investors typically determine Ultrashort Basic value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultrashort Basic'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.