Dtn Etf Technical Analysis
| DTN Etf | USD 92.95 0.83 0.89% |
As of the 17th of April 2024, DTN shows the Coefficient Of Variation of (2,514), standard deviation of 1.59, and Mean Deviation of 1.25. DTN technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for DTN, which can be compared to its peers. Please confirm DTN variance and potential upside to decide if DTN is priced fairly, providing market reflects its regular price of 92.95 per share.
DTN Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DTN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DTNDTN |
DTN 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.
DTN Technical Analysis
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DTN Trend Analysis
Use this graph to draw trend lines for DTN. You can use it to identify possible trend reversals for DTN 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 DTN price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DTN Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DTN applied against its price change over selected period. The best fit line has a slop of 0.06 , which may imply that the returns on investment in DTN will continue to fail. It has 122 observation points and a regression sum of squares at 124.17, which is the sum of squared deviations for the predicted DTN price change compared to its average price change.About DTN 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 DTN 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 DTN based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on DTN price pattern first instead of the macroeconomic environment surrounding DTN. By analyzing DTN'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 DTN'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 DTN specific price patterns or momentum indicators. Please read more on our technical analysis page.
DTN April 17, 2024 Technical Indicators
Most technical analysis of DTN 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 DTN from various momentum indicators to cycle indicators. When you analyze DTN 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.129 | |||
| Mean Deviation | 1.25 | |||
| Coefficient Of Variation | (2,514) | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.53 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 0.119 | |||
| Maximum Drawdown | 6.06 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.87 | |||
| Skewness | 0.4471 | |||
| Kurtosis | 0.5975 |
DTN One Year Return
Based on the recorded statements, DTN has an One Year Return of 31.24%. This is much higher than that of the WisdomTree family and notably higher than that of the Large Value 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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of DTN is measured differently than its book value, which is the value of DTN that is recorded on the company's balance sheet. Investors also form their own opinion of DTN's value that differs from its market value or its book value, called intrinsic value, which is DTN'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 DTN's market value can be influenced by many factors that don't directly affect DTN'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 DTN's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTN'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.