Bsce Etf Technical Analysis
| BSCE Etf | USD 23.38 0.02 0.09% |
As of the 28th of April, BSCE owns the market risk adjusted performance of (0.37), and Standard Deviation of 0.0832. BSCE technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices. 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 break down eighteen technical drivers for BSCE, which can be compared to its peers in the sector. Please confirm BSCE downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if BSCE is priced more or less accurately, providing market reflects its prevailing price of 23.38 per share.
BSCE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BSCE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BSCEBSCE |
BSCE 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.
BSCE Technical Analysis
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BSCE Trend Analysis
Use this graph to draw trend lines for BSCE. You can use it to identify possible trend reversals for BSCE 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 BSCE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BSCE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BSCE applied against its price change over selected period. The best fit line has a slop of 0 , which means BSCE will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.28, which is the sum of squared deviations for the predicted BSCE price change compared to its average price change.About BSCE 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 BSCE 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 BSCE based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on BSCE price pattern first instead of the macroeconomic environment surrounding BSCE. By analyzing BSCE'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 BSCE'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 BSCE specific price patterns or momentum indicators. Please read more on our technical analysis page.
BSCE April 28, 2024 Technical Indicators
Most technical analysis of BSCE 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 BSCE from various momentum indicators to cycle indicators. When you analyze BSCE 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0476 | |||
| Market Risk Adjusted Performance | (0.37) | |||
| Mean Deviation | 0.0673 | |||
| Downside Deviation | 0.08 | |||
| Coefficient Of Variation | 554.35 | |||
| Standard Deviation | 0.0832 | |||
| Variance | 0.0069 | |||
| Information Ratio | (0.89) | |||
| Jensen Alpha | 0.0061 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.93) | |||
| Treynor Ratio | (0.38) | |||
| Maximum Drawdown | 0.3879 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.172 | |||
| Downside Variance | 0.0064 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.1) | |||
| Skewness | 0.3989 | |||
| Kurtosis | 0.0939 |
BSCE One Year Return
Based on the recorded statements, BSCE has an One Year Return of -8.7%. This is 337.7% lower than that of the Invesco family and significantly lower than that of the Emerging Markets Bond category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Trending Equities to better understand how to build diversified portfolios. 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 BSCE information on this page should be used as a complementary analysis to other BSCE'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of BSCE is measured differently than its book value, which is the value of BSCE that is recorded on the company's balance sheet. Investors also form their own opinion of BSCE's value that differs from its market value or its book value, called intrinsic value, which is BSCE'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 BSCE's market value can be influenced by many factors that don't directly affect BSCE'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 BSCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BSCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BSCE'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.