Bsde Etf Technical Analysis
| BSDE Etf | USD 1,095 15.00 1.35% |
As of the 28th of April, BSDE shows the Mean Deviation of 116.73, coefficient of variation of 809.38, and Risk Adjusted Performance of 0.0871. BSDE technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. 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 eighteen technical drivers for BSDE, which can be compared to its peers. Please confirm BSDE coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if BSDE is priced favorably, providing market reflects its regular price of 1095.0 per share.
BSDE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BSDE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BSDEBSDE |
BSDE 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.
BSDE Technical Analysis
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BSDE Trend Analysis
Use this graph to draw trend lines for BSDE. You can use it to identify possible trend reversals for BSDE 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 BSDE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BSDE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BSDE applied against its price change over selected period. The best fit line has a slop of 7.55 , which means BSDE will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2156156.49, which is the sum of squared deviations for the predicted BSDE price change compared to its average price change.About BSDE 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 BSDE 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 BSDE based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on BSDE price pattern first instead of the macroeconomic environment surrounding BSDE. By analyzing BSDE'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 BSDE'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 BSDE specific price patterns or momentum indicators. Please read more on our technical analysis page.
BSDE April 28, 2024 Technical Indicators
Most technical analysis of BSDE 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 BSDE from various momentum indicators to cycle indicators. When you analyze BSDE 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 | 0.0871 | |||
| Market Risk Adjusted Performance | 0.636 | |||
| Mean Deviation | 116.73 | |||
| Downside Deviation | 1.81 | |||
| Coefficient Of Variation | 809.38 | |||
| Standard Deviation | 481.44 | |||
| Variance | 231782.18 | |||
| Information Ratio | 0.1234 | |||
| Jensen Alpha | 51.95 | |||
| Total Risk Alpha | (1.65) | |||
| Sortino Ratio | 32.85 | |||
| Treynor Ratio | 0.626 | |||
| Maximum Drawdown | 3916.81 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 4.07 | |||
| Downside Variance | 3.27 | |||
| Semi Variance | (56.59) | |||
| Expected Short fall | (132.18) | |||
| Skewness | 8.12 | |||
| Kurtosis | 66.0 |
BSDE One Year Return
Based on the recorded statements, BSDE has an One Year Return of -5.55%. This is 251.64% 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 unemployment. Note that the BSDE information on this page should be used as a complementary analysis to other BSDE'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of BSDE is measured differently than its book value, which is the value of BSDE that is recorded on the company's balance sheet. Investors also form their own opinion of BSDE's value that differs from its market value or its book value, called intrinsic value, which is BSDE'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 BSDE's market value can be influenced by many factors that don't directly affect BSDE'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 BSDE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BSDE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BSDE'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.