Multi Units (France) Technical Analysis
| HLTW Etf | EUR 463.16 0.66 0.14% |
As of the 19th of April, Multi Units secures the Downside Deviation of 0.613, risk adjusted performance of 0.0148, and Mean Deviation of 0.4509. Multi Units Luxembourg technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices. Strictly speaking, you can use this information to find out if the etf will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Multi Units, which can be compared to its peers in the industry. Please verify Multi Units Luxembourg standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Multi Units Luxembourg is priced some-what accurately, providing market reflects its recent price of 463.16 per share.
Multi Units Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Multi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MultiMulti |
Multi Units 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.
Multi Units Luxembourg Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Multi Units Luxembourg volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Multi Units Luxembourg Trend Analysis
Use this graph to draw trend lines for Multi Units Luxembourg. You can use it to identify possible trend reversals for Multi Units 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 Multi Units price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Multi Units Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Multi Units Luxembourg applied against its price change over selected period. The best fit line has a slop of 0.11 , which means Multi Units Luxembourg will continue generating value for investors. It has 122 observation points and a regression sum of squares at 475.62, which is the sum of squared deviations for the predicted Multi Units price change compared to its average price change.About Multi Units 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 Multi Units Luxembourg 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 Multi Units Luxembourg based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Multi Units Luxembourg price pattern first instead of the macroeconomic environment surrounding Multi Units Luxembourg. By analyzing Multi Units'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 Multi Units'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 Multi Units specific price patterns or momentum indicators. Please read more on our technical analysis page.
Multi Units April 19, 2024 Technical Indicators
Most technical analysis of Multi 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 Multi from various momentum indicators to cycle indicators. When you analyze Multi 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 | 0.0148 | |||
| Market Risk Adjusted Performance | 0.279 | |||
| Mean Deviation | 0.4509 | |||
| Semi Deviation | 0.5911 | |||
| Downside Deviation | 0.613 | |||
| Coefficient Of Variation | 4034.62 | |||
| Standard Deviation | 0.5869 | |||
| Variance | 0.3444 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | 0.0036 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.269 | |||
| Maximum Drawdown | 3.4 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.8222 | |||
| Downside Variance | 0.3758 | |||
| Semi Variance | 0.3494 | |||
| Expected Short fall | (0.48) | |||
| Skewness | (0.66) | |||
| Kurtosis | 1.81 |
Multi Units Luxembourg One Year Return
Based on the recorded statements, Multi Units Luxembourg has an One Year Return of 12.51%. This is 437.2% lower than that of the Lyxor International Asset Management S.A.S. family and notably lower than that of the One Year Return category. The one year return for all France 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Multi Units Luxembourg. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.