Maker Technical Analysis
| MKR Crypto | USD 2,698 293.36 9.81% |
As of the 30th of April, Maker secures the Downside Deviation of 4.6, risk adjusted performance of 0.098, and Mean Deviation of 3.55. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Maker, as well as the relationship between them. Strictly speaking, you can use this information to find out if the crypto will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Maker, which can be compared to its peers in the industry. Please verify Maker standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Maker is priced some-what accurately, providing market reflects its recent price of 2698.32 per share.
Maker Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Maker, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MakerMaker |
Maker technical crypto coin 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, crypto market cycles, or different charting patterns.
Maker Technical Analysis
The output start index for this execution was twenty-five with a total number of output elements of thirty-six. 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 Maker volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Maker Trend Analysis
Use this graph to draw trend lines for Maker. You can use it to identify possible trend reversals for Maker 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 Maker price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Maker Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Maker applied against its price change over selected period. The best fit line has a slop of 26.33 , which means Maker will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2.621566053E7, which is the sum of squared deviations for the predicted Maker price change compared to its average price change.About Maker 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 Maker 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 Maker based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on Maker price pattern first instead of the macroeconomic environment surrounding Maker. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of Maker's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to Maker specific price patterns or momentum indicators.
Maker April 30, 2024 Technical Indicators
Most technical analysis of Maker 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 Maker from various momentum indicators to cycle indicators. When you analyze Maker 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 | 0.098 | |||
| Market Risk Adjusted Performance | 7.69 | |||
| Mean Deviation | 3.55 | |||
| Semi Deviation | 3.87 | |||
| Downside Deviation | 4.6 | |||
| Coefficient Of Variation | 699.56 | |||
| Standard Deviation | 5.16 | |||
| Variance | 26.61 | |||
| Information Ratio | 0.1257 | |||
| Jensen Alpha | 0.7199 | |||
| Total Risk Alpha | 0.0725 | |||
| Sortino Ratio | 0.141 | |||
| Treynor Ratio | 7.68 | |||
| Maximum Drawdown | 27.99 | |||
| Value At Risk | (6.84) | |||
| Potential Upside | 10.36 | |||
| Downside Variance | 21.15 | |||
| Semi Variance | 14.99 | |||
| Expected Short fall | (3.75) | |||
| Skewness | 0.6965 | |||
| Kurtosis | 1.73 |
Maker April 30, 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 Maker 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 | 70,633 | ||
| Daily Balance Of Power | (1.84) | ||
| Rate Of Daily Change | 0.90 | ||
| Day Median Price | 2,770 | ||
| Day Typical Price | 2,746 | ||
| Price Action Indicator | (218.10) | ||
| Market Facilitation Index | 0.0001 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maker. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.