Lyxor UCITS (Spain) Technical Analysis

LYXIB Etf  EUR 111.64  1.68  1.53%   
As of the 28th of March, Lyxor UCITS secures the Mean Deviation of 0.5824, risk adjusted performance of 0.0983, and Downside Deviation of 0.6785. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lyxor UCITS Ibex35, as well as the relationship between them. 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 have analyzed nineteen technical drivers for Lyxor UCITS, which can be compared to its peers in the industry. Please verify Lyxor UCITS Ibex35 information ratio, and the relationship between the downside deviation and value at risk to decide if Lyxor UCITS Ibex35 is priced some-what accurately, providing market reflects its recent price of 111.64 per share.

Lyxor UCITS Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lyxor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Lyxor
  
Lyxor UCITS'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.
Lyxor UCITS 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 Lyxor UCITS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lyxor UCITS 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...

Lyxor UCITS Ibex35 Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Lyxor UCITS Ibex35 volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Lyxor UCITS Ibex35 Trend Analysis

Use this graph to draw trend lines for Lyxor UCITS Ibex35. You can use it to identify possible trend reversals for Lyxor UCITS 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 Lyxor UCITS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Lyxor UCITS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lyxor UCITS Ibex35 applied against its price change over selected period. The best fit line has a slop of   0.13  , which means Lyxor UCITS Ibex35 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 654.07, which is the sum of squared deviations for the predicted Lyxor UCITS price change compared to its average price change.

About Lyxor UCITS 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 Lyxor UCITS Ibex35 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 Lyxor UCITS Ibex35 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Lyxor UCITS Ibex35 price pattern first instead of the macroeconomic environment surrounding Lyxor UCITS Ibex35. By analyzing Lyxor UCITS'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 Lyxor UCITS'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 Lyxor UCITS specific price patterns or momentum indicators. Please read more on our technical analysis page.

Lyxor UCITS March 28, 2024 Technical Indicators

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

Lyxor UCITS Ibex35 One Year Return

Based on the recorded statements, Lyxor UCITS Ibex35 has an One Year Return of -7.77%. This is 109.43% higher than that of the Lyxor International Asset Management S.A.S. family and 109.43% higher than that of the One Year Return category. The one year return for all Spain 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.

Lyxor UCITS March 28, 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 Lyxor 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lyxor UCITS Ibex35. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Lyxor UCITS Ibex35 information on this page should be used as a complementary analysis to other Lyxor UCITS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Lyxor Etf analysis

When running Lyxor UCITS's price analysis, check to measure Lyxor UCITS'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 Lyxor UCITS is operating at the current time. Most of Lyxor UCITS's value examination focuses on studying past and present price action to predict the probability of Lyxor UCITS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lyxor UCITS's price. Additionally, you may evaluate how the addition of Lyxor UCITS to your portfolios can decrease your overall portfolio volatility.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Please note, there is a significant difference between Lyxor UCITS's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lyxor UCITS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lyxor UCITS'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.