Mfut Etf Technical Analysis
| MFUT Etf | 16.66 0.08 0.48% |
As of the 21st of November, MFUT secures the Risk Adjusted Performance of (0.08), mean deviation of 0.523, and Market Risk Adjusted Performance of (0.25). In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MFUT, as well as the relationship between them.
MFUT Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MFUT, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MFUTMFUT |
MFUT 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.
MFUT Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 MFUT volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MFUT Trend Analysis
Use this graph to draw trend lines for MFUT. You can use it to identify possible trend reversals for MFUT 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 MFUT price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MFUT Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MFUT applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that MFUT market price will keep on failing further. It has 122 observation points and a regression sum of squares at 28.92, which is the sum of squared deviations for the predicted MFUT price change compared to its average price change.About MFUT 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 MFUT 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 MFUT based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on MFUT price pattern first instead of the macroeconomic environment surrounding MFUT. By analyzing MFUT'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 MFUT'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 MFUT specific price patterns or momentum indicators. Please read more on our technical analysis page.
MFUT November 21, 2024 Technical Indicators
Most technical analysis of MFUT 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 MFUT from various momentum indicators to cycle indicators. When you analyze MFUT 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 | (0.25) | |||
| Mean Deviation | 0.523 | |||
| Coefficient Of Variation | (964.10) | |||
| Standard Deviation | 0.6953 | |||
| Variance | 0.4834 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.26) | |||
| Maximum Drawdown | 3.44 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 0.9552 | |||
| Skewness | (0.35) | |||
| Kurtosis | 0.449 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFUT. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of MFUT is measured differently than its book value, which is the value of MFUT that is recorded on the company's balance sheet. Investors also form their own opinion of MFUT's value that differs from its market value or its book value, called intrinsic value, which is MFUT'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 MFUT's market value can be influenced by many factors that don't directly affect MFUT'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 MFUT's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFUT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFUT'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.