Ucommune International Etf Technical Analysis
| UK Etf | USD 2.21 0.05 2.31% |
As of the 18th of April 2024, Ucommune International has the Coefficient Of Variation of (1,071), risk adjusted performance of (0.05), and Variance of 49.76. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ucommune International, as well as the relationship between them. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Ucommune International, which can be compared to its competition. Please validate Ucommune International market risk adjusted performance and treynor ratio to decide if Ucommune International is priced more or less accurately, providing market reflects its prevalent price of 2.21 per share.
Ucommune International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ucommune, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UcommuneUcommune |
Ucommune International 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.
Ucommune International Technical Analysis
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 Ucommune International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ucommune International Trend Analysis
Use this graph to draw trend lines for Ucommune International. You can use it to identify possible trend reversals for Ucommune International 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 Ucommune International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ucommune International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ucommune International applied against its price change over selected period. The best fit line has a slop of 0.01 , which may indicate that the price for Ucommune International will continue to decline. It has 122 observation points and a regression sum of squares at 4.41, which is the sum of squared deviations for the predicted Ucommune International price change compared to its average price change.About Ucommune International 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 Ucommune International 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 Ucommune International based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Ucommune International price pattern first instead of the macroeconomic environment surrounding Ucommune International. By analyzing Ucommune International'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 Ucommune International'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 Ucommune International specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ucommune International April 18, 2024 Technical Indicators
Most technical analysis of Ucommune 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 Ucommune from various momentum indicators to cycle indicators. When you analyze Ucommune 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 | (0.89) | |||
| Mean Deviation | 4.99 | |||
| Coefficient Of Variation | (1,071) | |||
| Standard Deviation | 7.05 | |||
| Variance | 49.76 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.70) | |||
| Total Risk Alpha | (1.18) | |||
| Treynor Ratio | (0.90) | |||
| Maximum Drawdown | 35.68 | |||
| Value At Risk | (14.78) | |||
| Potential Upside | 10.07 | |||
| Skewness | 0.0991 | |||
| Kurtosis | 1.33 |
Ucommune International April 18, 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 Ucommune 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.
| Accumulation Distribution | 1,170 | ||
| Daily Balance Of Power | 0.33 | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 2.22 | ||
| Day Typical Price | 2.22 | ||
| Price Action Indicator | 0.01 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ucommune International. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Ucommune Etf please use our How to buy in Ucommune Etf guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Ucommune International is measured differently than its book value, which is the value of Ucommune that is recorded on the company's balance sheet. Investors also form their own opinion of Ucommune International's value that differs from its market value or its book value, called intrinsic value, which is Ucommune International'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 Ucommune International's market value can be influenced by many factors that don't directly affect Ucommune International'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 Ucommune International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ucommune International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ucommune International'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.