It Now (Brazil) Technical Analysis
| PIBB11 Etf | BRL 217.65 0.17 0.08% |
As of the 19th of April, It Now owns the Information Ratio of (0.17), market risk adjusted performance of (0.83), and Coefficient Of Variation of (1,237). Our technical analysis interface lets you check helpful technical drivers of It Now PIBB, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for It Now, which can be compared to its peers in the sector. Please check out It Now PIBB coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if It Now PIBB is priced favorably, providing market reflects its prevailing price of 217.65 per share.
It Now Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PIBB11, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PIBB11PIBB11 |
It Now 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.
It Now PIBB Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 It Now PIBB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
It Now PIBB Trend Analysis
Use this graph to draw trend lines for It Now PIBB. You can use it to identify possible trend reversals for It Now 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 It Now price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.It Now Best Fit Change Line
The following chart estimates an ordinary least squares regression model for It Now PIBB applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that It Now PIBB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 161.07, which is the sum of squared deviations for the predicted It Now price change compared to its average price change.About It Now 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 It Now PIBB 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 It Now PIBB based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on It Now PIBB price pattern first instead of the macroeconomic environment surrounding It Now PIBB. By analyzing It Now'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 It Now'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 It Now specific price patterns or momentum indicators. Please read more on our technical analysis page.
It Now April 19, 2024 Technical Indicators
Most technical analysis of PIBB11 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 PIBB11 from various momentum indicators to cycle indicators. When you analyze PIBB11 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.83) | |||
| Mean Deviation | 0.6328 | |||
| Coefficient Of Variation | (1,237) | |||
| Standard Deviation | 0.7903 | |||
| Variance | 0.6246 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.84) | |||
| Maximum Drawdown | 3.34 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.33 | |||
| Skewness | 0.4484 | |||
| Kurtosis | 0.0438 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in It Now PIBB. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Please note, there is a significant difference between It Now's value and its price as these two are different measures arrived at by different means. Investors typically determine if It Now is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, It Now'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.