Bmo Equal Weight Etf Technical Analysis
| ZUT Etf | CAD 18.29 0.24 1.33% |
As of the 18th of April 2024, BMO Equal shows the risk adjusted performance of (0.11), and Mean Deviation of 0.7138. In relation to fundamental indicators, the technical analysis model gives you tools to check helpful technical drivers of BMO Equal, 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 interpolate and analyze data for thirteen technical drivers for BMO Equal Weight, which can be compared to its peers. Please confirm BMO Equal Weight standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if BMO Equal Weight is priced favorably, providing market reflects its regular price of 18.29 per share.
BMO Equal Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BMO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BMOBMO |
BMO Equal 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.
BMO Equal Weight 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 BMO Equal Weight volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BMO Equal Weight Trend Analysis
Use this graph to draw trend lines for BMO Equal Weight. You can use it to identify possible trend reversals for BMO Equal 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 BMO Equal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BMO Equal Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BMO Equal Weight applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that BMO Equal Weight market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9.92, which is the sum of squared deviations for the predicted BMO Equal price change compared to its average price change.About BMO Equal 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 BMO Equal Weight 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 BMO Equal Weight based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on BMO Equal Weight price pattern first instead of the macroeconomic environment surrounding BMO Equal Weight. By analyzing BMO Equal'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 BMO Equal'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 BMO Equal specific price patterns or momentum indicators. Please read more on our technical analysis page.
BMO Equal April 18, 2024 Technical Indicators
Most technical analysis of BMO 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 BMO from various momentum indicators to cycle indicators. When you analyze BMO 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 | (0.11) | |||
| Market Risk Adjusted Performance | (0.17) | |||
| Mean Deviation | 0.7138 | |||
| Coefficient Of Variation | (574.87) | |||
| Standard Deviation | 0.9208 | |||
| Variance | 0.8478 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.18) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 1.18 | |||
| Skewness | (0.36) | |||
| Kurtosis | (0.03) |
BMO Equal 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 BMO 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 | 1,392 | ||
| Daily Balance Of Power | 0.86 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 18.16 | ||
| Day Typical Price | 18.20 | ||
| Price Action Indicator | 0.25 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in BMO Equal Weight. 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.