SPDR Bloomberg (Switzerland) Technical Analysis
| GLAC Etf | CHF 26.96 0.04 0.15% |
As of the 18th of April 2024, SPDR Bloomberg has the risk adjusted performance of (0.08), and Variance of 0.0843. Our technical analysis interface makes it possible for you to check practical technical drivers of SPDR Bloomberg Global, 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 interpolate thirteen technical drivers for SPDR Bloomberg Global, which can be compared to its competition. Please validate SPDR Bloomberg Global mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if SPDR Bloomberg is priced adequately, providing market reflects its prevalent price of 26.96 per share.
SPDR Bloomberg Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPDR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPDRSPDR |
SPDR Bloomberg 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.
SPDR Bloomberg Global Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 SPDR Bloomberg Global volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SPDR Bloomberg Global Trend Analysis
Use this graph to draw trend lines for SPDR Bloomberg Global. You can use it to identify possible trend reversals for SPDR Bloomberg 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 SPDR Bloomberg price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SPDR Bloomberg Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPDR Bloomberg Global applied against its price change over selected period. The best fit line has a slop of 0.004 , which may suggest that SPDR Bloomberg Global market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.6, which is the sum of squared deviations for the predicted SPDR Bloomberg price change compared to its average price change.About SPDR Bloomberg 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 SPDR Bloomberg Global 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 SPDR Bloomberg Global based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SPDR Bloomberg Global price pattern first instead of the macroeconomic environment surrounding SPDR Bloomberg Global. By analyzing SPDR Bloomberg'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 SPDR Bloomberg'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 SPDR Bloomberg specific price patterns or momentum indicators. Please read more on our technical analysis page.
SPDR Bloomberg April 18, 2024 Technical Indicators
Most technical analysis of SPDR 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 SPDR from various momentum indicators to cycle indicators. When you analyze SPDR 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 | (0.08) | |||
| Market Risk Adjusted Performance | (0.37) | |||
| Mean Deviation | 0.2239 | |||
| Coefficient Of Variation | (912.27) | |||
| Standard Deviation | 0.2904 | |||
| Variance | 0.0843 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.38) | |||
| Maximum Drawdown | 1.28 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.4043 | |||
| Skewness | (0.52) | |||
| Kurtosis | 0.4202 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Bloomberg Global. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Please note, there is a significant difference between SPDR Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Bloomberg'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.