PowerShares EURO (France) Technical Analysis
| EUHD Etf | EUR 25.51 0.08 0.31% |
As of the 25th of April, PowerShares EURO holds the Risk Adjusted Performance of 0.1374, semi deviation of 0.4438, and Coefficient Of Variation of 451.74. PowerShares EURO STOXX technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf's future prices. Put it differently, you can use this information to find out if the etf will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for PowerShares EURO STOXX, which can be compared to its competitors. Please check PowerShares EURO STOXX maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if PowerShares EURO STOXX is priced some-what accurately, providing market reflects its current price of 25.51 per share.
PowerShares EURO Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PowerShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PowerSharesPowerShares |
PowerShares EURO 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.
PowerShares EURO STOXX Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 PowerShares EURO STOXX volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PowerShares EURO STOXX Trend Analysis
Use this graph to draw trend lines for PowerShares EURO STOXX. You can use it to identify possible trend reversals for PowerShares EURO 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 PowerShares EURO price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PowerShares EURO Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PowerShares EURO STOXX applied against its price change over selected period. The best fit line has a slop of 0.04 , which means PowerShares EURO STOXX will continue generating value for investors. It has 122 observation points and a regression sum of squares at 46.95, which is the sum of squared deviations for the predicted PowerShares EURO price change compared to its average price change.About PowerShares EURO 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 PowerShares EURO STOXX 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 PowerShares EURO STOXX based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on PowerShares EURO STOXX price pattern first instead of the macroeconomic environment surrounding PowerShares EURO STOXX. By analyzing PowerShares EURO'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 PowerShares EURO'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 PowerShares EURO specific price patterns or momentum indicators. Please read more on our technical analysis page.
PowerShares EURO April 25, 2024 Technical Indicators
Most technical analysis of PowerShares 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 PowerShares from various momentum indicators to cycle indicators. When you analyze PowerShares 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 | 0.1374 | |||
| Market Risk Adjusted Performance | 0.558 | |||
| Mean Deviation | 0.4621 | |||
| Semi Deviation | 0.4438 | |||
| Downside Deviation | 0.6439 | |||
| Coefficient Of Variation | 451.74 | |||
| Standard Deviation | 0.5853 | |||
| Variance | 0.3426 | |||
| Information Ratio | 0.0585 | |||
| Jensen Alpha | 0.101 | |||
| Total Risk Alpha | 0.0395 | |||
| Sortino Ratio | 0.0532 | |||
| Treynor Ratio | 0.548 | |||
| Maximum Drawdown | 2.59 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 0.8887 | |||
| Downside Variance | 0.4147 | |||
| Semi Variance | 0.197 | |||
| Expected Short fall | (0.51) | |||
| Skewness | (0.54) | |||
| Kurtosis | (0.14) |
PowerShares EURO April 25, 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 PowerShares 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 | 0.15 | ||
| Daily Balance Of Power | (1.33) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 25.54 | ||
| Day Typical Price | 25.53 | ||
| Price Action Indicator | (0.07) | ||
| Market Facilitation Index | 0.001 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in PowerShares EURO STOXX. 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.