SPDR Barclays (France) Technical Analysis
| TSYE Etf | EUR 88.25 0.30 0.34% |
As of the 24th of April, SPDR Barclays has the variance of 0.2718, and Risk Adjusted Performance of (0.02). In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SPDR Barclays Cap, as well as the relationship between them. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for SPDR Barclays Cap, which can be compared to its competition. Please validate SPDR Barclays Cap standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if SPDR Barclays is priced adequately, providing market reflects its prevalent price of 88.25 per share.
SPDR Barclays Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPDR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPDRSPDR |
SPDR Barclays 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.
SPDR Barclays Cap Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 SPDR Barclays Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SPDR Barclays Cap Trend Analysis
Use this graph to draw trend lines for SPDR Barclays Cap. You can use it to identify possible trend reversals for SPDR Barclays 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 SPDR Barclays price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SPDR Barclays Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPDR Barclays Cap applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that SPDR Barclays Cap market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9.35, which is the sum of squared deviations for the predicted SPDR Barclays price change compared to its average price change.About SPDR Barclays 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 SPDR Barclays Cap 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 SPDR Barclays Cap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SPDR Barclays Cap price pattern first instead of the macroeconomic environment surrounding SPDR Barclays Cap. By analyzing SPDR Barclays'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 SPDR Barclays'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 SPDR Barclays specific price patterns or momentum indicators. Please read more on our technical analysis page.
SPDR Barclays April 24, 2024 Technical Indicators
Most technical analysis of SPDR 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 SPDR from various momentum indicators to cycle indicators. When you analyze SPDR 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 | (0.02) | |||
| Market Risk Adjusted Performance | 0.2798 | |||
| Mean Deviation | 0.3299 | |||
| Coefficient Of Variation | (3,312) | |||
| Standard Deviation | 0.5214 | |||
| Variance | 0.2718 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | 0.2698 | |||
| Maximum Drawdown | 2.85 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.805 | |||
| Skewness | 1.95 | |||
| Kurtosis | 6.89 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Barclays Cap. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.