Quantshares Enhanced Core Etf Technical Analysis
QEM Etf | CAD 24.71 0.33 1.32% |
As of the 18th of April 2024, QuantShares Enhanced holds the Risk Adjusted Performance of 0.0905, coefficient of variation of 707.14, and Semi Deviation of 0.523. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of QuantShares Enhanced, as well as the relationship between them. 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 have collected data for nineteen technical drivers for QuantShares Enhanced Core, which can be compared to its competitors. Please check QuantShares Enhanced Core treynor ratio, and the relationship between the standard deviation and downside variance to decide if QuantShares Enhanced Core is priced some-what accurately, providing market reflects its current price of 24.71 per share.
QuantShares Enhanced Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as QuantShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to QuantSharesQuantShares |
QuantShares Enhanced 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.
QuantShares Enhanced Core Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 QuantShares Enhanced Core volatility. High ATR values indicate high volatility, and low values indicate low volatility.
QuantShares Enhanced Core Trend Analysis
Use this graph to draw trend lines for QuantShares Enhanced Core. You can use it to identify possible trend reversals for QuantShares Enhanced 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 QuantShares Enhanced price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.QuantShares Enhanced Best Fit Change Line
The following chart estimates an ordinary least squares regression model for QuantShares Enhanced Core applied against its price change over selected period. The best fit line has a slop of 0.04 , which means QuantShares Enhanced Core will continue generating value for investors. It has 122 observation points and a regression sum of squares at 62.32, which is the sum of squared deviations for the predicted QuantShares Enhanced price change compared to its average price change.About QuantShares Enhanced 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 QuantShares Enhanced Core 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 QuantShares Enhanced Core based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on QuantShares Enhanced Core price pattern first instead of the macroeconomic environment surrounding QuantShares Enhanced Core. By analyzing QuantShares Enhanced'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 QuantShares Enhanced'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 QuantShares Enhanced specific price patterns or momentum indicators. Please read more on our technical analysis page.
QuantShares Enhanced April 18, 2024 Technical Indicators
Most technical analysis of QuantShares 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 QuantShares from various momentum indicators to cycle indicators. When you analyze QuantShares 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 | 0.0905 | |||
Market Risk Adjusted Performance | (1.31) | |||
Mean Deviation | 0.5362 | |||
Semi Deviation | 0.523 | |||
Downside Deviation | 0.7175 | |||
Coefficient Of Variation | 707.14 | |||
Standard Deviation | 0.7267 | |||
Variance | 0.528 | |||
Information Ratio | 0.0651 | |||
Jensen Alpha | 0.096 | |||
Total Risk Alpha | 0.0403 | |||
Sortino Ratio | 0.0659 | |||
Treynor Ratio | (1.32) | |||
Maximum Drawdown | 3.93 | |||
Value At Risk | (1.26) | |||
Potential Upside | 1.11 | |||
Downside Variance | 0.5148 | |||
Semi Variance | 0.2735 | |||
Expected Short fall | (0.59) | |||
Skewness | 0.3379 | |||
Kurtosis | 1.46 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuantShares Enhanced Core. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.