Etracs Quarterly Pay Etf Technical Analysis
| MLPR Etf | USD 57.87 0.54 0.94% |
As of the 14th of November 2024, ETRACS Quarterly shows the Downside Deviation of 1.44, market risk adjusted performance of 0.1824, and Mean Deviation of 1.04. Relative to fundamental indicators, the technical analysis model provides you with a way to check practical technical drivers of ETRACS Quarterly, as well as the relationship between them. Please confirm ETRACS Quarterly Pay variance and potential upside to decide if ETRACS Quarterly Pay is priced fairly, providing market reflects its regular price of 57.87 per share.
ETRACS Quarterly Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ETRACS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ETRACSETRACS |
ETRACS Quarterly 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.
ETRACS Quarterly Pay Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 ETRACS Quarterly Pay volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ETRACS Quarterly Pay Trend Analysis
Use this graph to draw trend lines for ETRACS Quarterly Pay. You can use it to identify possible trend reversals for ETRACS Quarterly 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 ETRACS Quarterly price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ETRACS Quarterly Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ETRACS Quarterly Pay applied against its price change over selected period. The best fit line has a slop of 0.02 , which means ETRACS Quarterly Pay will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14.79, which is the sum of squared deviations for the predicted ETRACS Quarterly price change compared to its average price change.About ETRACS Quarterly 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 ETRACS Quarterly Pay 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 ETRACS Quarterly Pay based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ETRACS Quarterly Pay price pattern first instead of the macroeconomic environment surrounding ETRACS Quarterly Pay. By analyzing ETRACS Quarterly'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 ETRACS Quarterly'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 ETRACS Quarterly specific price patterns or momentum indicators. Please read more on our technical analysis page.
ETRACS Quarterly November 14, 2024 Technical Indicators
Most technical analysis of ETRACS 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 ETRACS from various momentum indicators to cycle indicators. When you analyze ETRACS 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 | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1034 | |||
| Market Risk Adjusted Performance | 0.1824 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.22 | |||
| Downside Deviation | 1.44 | |||
| Coefficient Of Variation | 773.05 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.2 | |||
| Information Ratio | 0.0251 | |||
| Jensen Alpha | 0.0292 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0258 | |||
| Treynor Ratio | 0.1724 | |||
| Maximum Drawdown | 9.64 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 3.02 | |||
| Downside Variance | 2.09 | |||
| Semi Variance | 1.5 | |||
| Expected Short fall | (1.11) | |||
| Skewness | 0.3154 | |||
| Kurtosis | 2.36 |
ETRACS Quarterly Pay One Year Return
Based on the recorded statements, ETRACS Quarterly Pay has an One Year Return of 32.5%. This is 112.98% higher than that of the UBS family and significantly higher than that of the Trading--Leveraged Equity category. The one year return for all United States etfs is notably lower than that of the firm.
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.ETRACS Quarterly November 14, 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 ETRACS 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 | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 57.87 | ||
| Day Typical Price | 57.87 | ||
| Price Action Indicator | 0.27 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ETRACS Quarterly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of ETRACS Quarterly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Quarterly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Quarterly'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 ETRACS Quarterly's market value can be influenced by many factors that don't directly affect ETRACS Quarterly'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 ETRACS Quarterly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Quarterly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Quarterly'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.