Alphamark Actively Managed Etf Technical Analysis
| SMCP Etf | USD 29.38 0.31 1.04% |
As of the 18th of April 2024, AlphaMark Actively shows the Mean Deviation of 0.8881, downside deviation of 1.28, and Risk Adjusted Performance of 0.0353. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of AlphaMark Actively, as well as the relationship between them. 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 break down nineteen technical drivers for AlphaMark Actively Managed, which can be compared to its peers. Please confirm AlphaMark Actively variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if AlphaMark Actively is priced correctly, providing market reflects its regular price of 29.38 per share.
AlphaMark Actively Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AlphaMark, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlphaMarkAlphaMark |
AlphaMark Actively 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.
AlphaMark Actively Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 AlphaMark Actively volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AlphaMark Actively Trend Analysis
Use this graph to draw trend lines for AlphaMark Actively Managed. You can use it to identify possible trend reversals for AlphaMark Actively 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 AlphaMark Actively price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AlphaMark Actively Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AlphaMark Actively Managed applied against its price change over selected period. The best fit line has a slop of 0.03 , which means AlphaMark Actively Managed will continue generating value for investors. It has 122 observation points and a regression sum of squares at 25.61, which is the sum of squared deviations for the predicted AlphaMark Actively price change compared to its average price change.About AlphaMark Actively 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 AlphaMark Actively Managed 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 AlphaMark Actively Managed based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on AlphaMark Actively price pattern first instead of the macroeconomic environment surrounding AlphaMark Actively. By analyzing AlphaMark Actively'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 AlphaMark Actively'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 AlphaMark Actively specific price patterns or momentum indicators. Please read more on our technical analysis page.
AlphaMark Actively April 18, 2024 Technical Indicators
Most technical analysis of AlphaMark 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 AlphaMark from various momentum indicators to cycle indicators. When you analyze AlphaMark 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 | 0.0353 | |||
| Market Risk Adjusted Performance | 0.0405 | |||
| Mean Deviation | 0.8881 | |||
| Semi Deviation | 1.21 | |||
| Downside Deviation | 1.28 | |||
| Coefficient Of Variation | 2041.69 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.29 | |||
| Information Ratio | 1.0E-4 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 1.0E-4 | |||
| Treynor Ratio | 0.0305 | |||
| Maximum Drawdown | 5.18 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 1.87 | |||
| Downside Variance | 1.64 | |||
| Semi Variance | 1.47 | |||
| Expected Short fall | (0.83) | |||
| Skewness | (0.33) | |||
| Kurtosis | 0.2792 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AlphaMark Actively Managed. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the AlphaMark Actively information on this page should be used as a complementary analysis to other AlphaMark Actively'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of AlphaMark Actively is measured differently than its book value, which is the value of AlphaMark that is recorded on the company's balance sheet. Investors also form their own opinion of AlphaMark Actively's value that differs from its market value or its book value, called intrinsic value, which is AlphaMark Actively'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 AlphaMark Actively's market value can be influenced by many factors that don't directly affect AlphaMark Actively'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 AlphaMark Actively's value and its price as these two are different measures arrived at by different means. Investors typically determine if AlphaMark Actively is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AlphaMark Actively'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.